Gold Resource Corporation declares its monthly instituted dividend of one-third of a cent per common share for February 2020 payable on March 23, 2020 to shareholders of record as of March 11, 2020.
Santacruz Silver Mining Ltd. reports that further to its press release dated February 13, 2020 it has closed the first tranche of its non-brokered C$3.0 million private placement.
Plata Latina Minerals Corporation is pleased to announce, through its wholly-owned subsidiary Plaminco S.A. de C.V., that Metalúrgica Reyna S.A. de C.V., a wholly owned subsidiary of Fresnillo plc, has formally exercised its option to purchase the Company’s Naranjillo Property in Mexico.
John-Mark Staude, Riverside’s CEO stated, “We believe the spin-out of the Peñoles Project will be very beneficial to shareholders. Among other benefits, it will unlock the value of the Peñoles Project by allowing it to be developed separately, by a skilled and experienced management team, and it will allow our shareholders to own shares in two public companies.”
Aztec Minerals Corp. Board of directors of the Company has approved the repricing of a total of 200,000 stock options of the Company from $0.25 to $0.12 per common share, and a total of 1,950,000 stock options of the Company from $0.35 to $0.105 per common share.
The Company intends to use the net proceeds of the Offering to fund additional exploration on its Los Ricos project, particularly at the Monte del Favor target on the project, and for corporate development and general corporate purposes.
“Since Campo Morado re-started operations on January 26, 2020 the mill operated for 21.5 days to February 22, 2020, averaging approximately 1900 tonnes throughput per day. On eleven days, mill throughput production exceeded 2,000 tons per day, achieving a maximum rate of 2,193 tonnes per day” states Ralph Shearing, CEO.
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