Month: June 2022

Prismo Metals Inc. is pleased to announce that it has completed its previously announced financing for gross proceeds of $682,125 through the exercise of warrants by certain warrantholders, including a number of insiders.

Fortuna Silver Mines, Inc. hereby announces the voting results at the Company’s annual general meeting held on June 27, 2022 and announces the appointment of an additional Director to the Board.

The Company intends to use the net proceeds of the Offering for the development of the La Guitarra Property, advancement of engineering studies, and general working capital purposes.

Shareholders voted in favour of the election of all director nominees: Murray John (Chair); Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; and Jennifer Wagner.

“Although the commissioning phase of Tahuehueto’s first ball mill has taken longer than anticipated, management is optimistic that most of the start-up issues are behind us and that the project will be able to maintain steady state production with the initial ball mill and thereby begin to increase Tahuehueto’s concentrate sales and revenue over the coming months.” states Ralph Shearing, CEO & President

“Our initial exploration efforts at La Adelita project in Sonora Mexico have helped us validate the project as a true district scale opportunity with numerous high-grade copper and gold targets. This financing will allow us to expand our plan and pursue some of these new targets.”

Fortune Bay Corp. is pleased to announce that effective today it has qualified to trade on the OTCQX® Best Market under the symbol “FTBYF”.

Reyna Silver Corp. is pleased to announce the closing of its previously announced “best efforts” private placement for gross proceeds of C$5,000,000. The Offering was upsized from its original gross proceeds of up to C$3,000,000 and includes the full exercise of the Agent’s over-allotment option.

Orla Mining Ltd. is pleased to report the voting results for the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held today.