Day: April 21, 2020

Riverside Defines High-Grade Gold Targets and Receives Drill Permits at the Los Cuarentas Project in Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “We are pleased with the progress and high-grade gold results above and around the former mining operations at Santa Rosalia and other target areas. We look forward to progressing this Project potentially with a joint-venture partner and are excited to be located in between two highly valued mining and development operations. The approved drill permit allows Riverside to take the next necessary steps at Los Cuarentas.”

SSR Mining Secures C$0.5 Million Gain From Exercise of SilverCrest Equity Participation Right

In conjunction with the Private Placement, we have entered into a transaction with a third party to divest of the 3,597,291 SilverCrest common shares to be acquired pursuant to the Private Placement at a price of C$7.65 per common share for a pre-tax gain of approximately C$0.5 million. Following the disposition, we will continue to own 9,000,645 common shares in SilverCrest.

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