Alex Langer, President & CEO of Sierra Madre stated, “We have seen increasing US retail and institutional interest in our Company since listing on the TSXV earlier this year. We already have a sizeable US based shareholder base and intend to increase liquidity and interest south of the border by making it easier for potential US shareholders to buy shares on a US exchange.”
Chairman and CEO James Anderson said: “Support from our long-term shareholders – both large and small – has made this private placement an oversubscribed success. This financing leaves GSilver in a stronger financial position, able to withstand the vagaries of the marketplace as well as any technical challenges during the continued ramp up of Mexico’s newest precious metals operation.”
“To highlight our move into lithium, we felt a change to our name would better reflect our focus. In addition to our 13 lithium and potassium salars/salt lakes, we have also retained the rights to a new extraction method for lithium and potassium to be used on our salars.”
Vizsla President and CEO Michael Konnert commented: “As we rapidly approach the deadline for drilling to be incorporated into the maiden Panuco resource estimate, anticipated in Q1 2022, new results from the Napoleon Vein continue to demonstrate the exceptional size and grade of the underlying system.”
Heliostar CEO, Charles Funk, commented: “We started getting excited to drill at Cumaro as soon as we made the Verde discovery in September. We increased the size of the program to 5,000 metres, based on the number of targets at our two main areas of focus. The Verde discovery is our highest priority target in Mexico, where we will drill beneath many high-grade channel sample intercepts. We will also test the concept that the eastern half of Cumaro is a down-thrown block.”
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