Month: September 2020

First Majestic Provides SAT Tax Dispute Update

The Company’s legal advisors are of the view that the Federal Court’s decision was not arrived following regular procedures, was undertaken hastily, and did not provide opportunity for the presentation of evidence from PEM. In addition, the decision is inconsistent with previous legal precedents and violates the Federal Mexican Constitution. The Company continues to assess all of its legal options, both domestic and international including under the North American Free Trade Agreement, and will make additional updates, when necessary, on its legal plan of action.

Xtierra to Drill High Grade Silver Potential at Bilbao

“The review of prior exploration reports and drill results from 2010-2013, identified 8 targets for potential satellite mineralization around the main Bilbao deposit, two of which stand out with high grade silver potential and therefore merit drilling, especially with the much improved outlook for silver prices, approaching the US$30 per ounce level used in the 2014 RPM PEA.”

Advance Gold Grants Stock Options

Advance Gold Corp. has granted stock options to its directors, key employees and consultants entitling them to purchase, in total, up to 2,000,000 shares over a five-year term expiring September 23, 2025 at an exercise price of $0.12 per share.

Aztec Expands Tombstone Property Footprint

Aztec Minerals Corp. announces it has reached an agreement to acquire 2 patented claims amounting to 8.58 hectares (21.19 acres) and the Company also staked 17 new unpatented claims totalling 130.5 hectares (332.5 acres) at the historic Tombstone Silver District in Southeastern Arizona.

Excellon Commences Trading on the NYSE

“Listing on the NYSE American furthers our aims of improving liquidity for our shareholders while broadening access for prospective retail and institutional investors,” stated Brendan Cahill, President and CEO.

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