The principal objectives for use of the net proceeds of the Offering are to pay the US$35 million cash consideration payable to SSR Mining Inc. at closing in respect of the Company’s acquisition of the Pitarrilla project in Durango State, Mexico and for the Company’s general corporate purposes and working capital.
La minera consigue así la primera autorización que se entrega en México para que pueda aprovechar la innovación tecnológica en la extracción de metales, en principio con el desarrollo de una red LTE que mejorará primero las comunicaciones dentro y fuera de sus minas por el poder de penetración y cobertura de la banda de los 700 MHz.
Oroco Resource Corp. is pleased to announce that the private placement offering announced March 10, 2022 has been oversubscribed and the Company is no longer accepting new subscriptions.
All smelted material at our Mexican Smelter is being converted to purified antimony metal for sale. This is a 3-stage process converting the ore firstly to crude antimony oxide, secondly to crude antimony metal, and finally to purified antimony metal in ingot form.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
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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