First Majestic Completes Acquisition of Springpole Silver Stream
Under the agreement, First Majestic has agreed to purchase 50% of the payable silver produced from the Springpole Gold Project located in Ontario, Canada.
Under the agreement, First Majestic has agreed to purchase 50% of the payable silver produced from the Springpole Gold Project located in Ontario, Canada.
First Mining Gold Corp. is pleased to announce the closing of its previously announced transaction with First Majestic Silver Corp. to advance the Company’s 100%-owned Springpole Gold Project located in Ontario, Canada.
Defiance Silver Corp. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
On June 30, 2020, the shareholders of Territory Metals Corp. approved the Acquisition at a special meeting of shareholders held in Vancouver, BC.
The Company now intends to conduct a non-brokered private placement of up to 14,000,000 units at a price of $0.10 per Unit for total proceeds of up to $1,400,000.
The price per BDR was set at R$820.00 following the completion of the bookbuilding process and the approval of the Price per BDR by the Company’s Board of Directors.
“We are excited to have Sean join the Orla team. His extensive experience in-country and across broader Latin America will serve the Company well as we advance our Cerro Quema project in Panama”, stated Jason Simpson, President and Chief Executive Officer of Orla.
For the eighth consecutive year, Freeport-McMoRan has been named to the Civic 50 list of most community-minded companies in the U.S., and was again named as the Materials Sector Leader in recognition of the company’s significant community engagement.
CEO James Anderson stated, “We again thank our warrant holders and shareholders for participating in the Bonus Program. These additional funds will be used to begin the rehabilitation of the El Pinguico shaft on our El Pinguico silver and gold project near Guanajuato, Mexico as disclosed in the Company’s news release of June 24, 2020.”
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