Month: November 2022

Pan American Silver Corp. and Agnico Eagle Mines Limited are pleased to announce that the arrangement agreement with Yamana Gold Inc. which Yamana entered into earlier today has become effective upon the termination today by Gold Fields Limited of the arrangement agreement between Yamana and Gold Fields entered into on May 31, 2022.

Kootenay Silver Inc. announces that it has closed its previously announced brokered private placement offering for gross proceeds of approximately $3.56 million consisting of 39,561,110 units of the Company including the full exercise of the option granted to the Agents, at a price of $0.09 per Unit with a non-brokered portion of the offering for gross proceeds of approximately $1.44 million consisting of 15,994,445 Units at the Offering Price, for aggregate gross proceeds to the Company of $5 million.

Vizsla Silver Corp. is pleased to announce that, due to strong investor demand, it has upsized its previously announced “bought deal” financing from approximately $20 million to approximately $30 million.

Shawn Howarth, President and CEO commented, “We thank all our employees for a safe and successful wind down of operations at Platosa and Miguel Auza in October, as we transitioned both facilities to care-and-maintenance. We are very proud of the cooperation and support received from our communities over the years and we will continue to ensure responsible environmental stewardship throughout care-and-maintenance.”

Pan American Silver Corp. and Agnico Eagle Mines Limited are pleased to announce that Yamana Gold Inc. has executed and delivered the arrangement agreement providing for our previously announced definitive binding offer dated November 4, 2022 pursuant to which Pan American would acquire all of the issued and outstanding common shares of Yamana and Yamana would sell certain subsidiaries and partnerships which hold Yamana’s interests in its Canadian assets to Agnico Eagle, including the Canadian Malartic mine.

During the quarter, the Company closed the sale of the Pitarrilla project to Endeavour Silver. As consideration for the sale, SSR Mining received $35 million in cash, $35 million in shares of Endeavour Silver, and a 1.25% net smelter return royalty on the Pitarrilla property.

Steve Cope, President, CEO and a director of Silver Viper commented, “I am very happy to announce this proposed acquisition as I believe that the strength of the new vehicle will be beneficial to shareholders of both companies.”

Steve Cope, President, CEO and a director of Silver Viper commented, “I am very happy to announce this proposed acquisition as I believe that the strength of the new vehicle will be beneficial to shareholders of both companies. The portfolio of assets in Canasil is impressive and I believe that including them with our flagship La Virginia project adds a lot of value to Silver Viper.”

Pan American Silver Corp. and Agnico Eagle Limited are pleased to announce that we have delivered a definitive binding offer to the board of directors of Yamana Gold Inc. pursuant to which Pan American would acquire all of the issued and outstanding common shares of Yamana and Yamana would sell certain subsidiaries and partnerships which hold Yamana’s interests in its Canadian assets to Agnico Eagle, including the Canadian Malartic mine.