Whilst the mining sector has not been deemed an essential service, the Government has instructed and authorised government authorities to consider and grant exemptions for mines based on individual circumstances.
ALORO MINING CORP. announces that, subject to regulatory approval, it has arranged a non-brokered private placement financing of up to 16,000,000 units at a price of $0.025 per Unit for gross proceeds of up to $400,000.
IMPACT Silver Corp. announces its financial and operating results for the year ended December 31, 2019, and temporary suspension of operations until April 30 to comply with a Mexican government decree for the mining industry in response to the COVID-19 pandemic.
“The health and safety of our employees, union partners, contractors and the communities in which they work and live are a priority,” said Ralph Shearing, President and CEO of Telson Mining. “We will continue to provide significant support to our employees and where possible to local community residents. To date, Telson has not experienced any incidents related to COVID-19 at its sites or corporate offices.”
Aztec intends to use the net proceeds from the Private Placement to conduct exploration work on its Tombstone CRD silver-gold-lead-zinc-copper project in Arizona, and for general working capital purposes.
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The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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