Month: December 2022

Silver Viper Minerals Corp. has entered into an agreement to amend the non-binding letter of intent dated November 6, 2022 with Canasil Resources Inc. with respect to the proposed acquisition by the Company of all of the issued and outstanding shares of Canasil in exchange for common shares of Silver Viper, pursuant to which the parties have extended the outside date to enter into a definitive agreement in respect of the Proposed Transaction from December 20, 2022 until January 31, 2023.

Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,670,378 Class A Common Shares representing 10% of the Company’s public float of the Common Shares as of December 14, 2022, being 346,703,788 Common Shares.

“At Fortuna, we consider tailings management to be paramount to responsible mining and the adoption of GISTM allows us to refine our approach to safe tailings management and a way to ensure operational excellence.”

“The revised facility provides Gatos Silver with further financial flexibility as we continue to execute on our exploration and growth strategy to further maximize shareholder value, both within and beyond the Los Gatos district,” said Dale Andres, CEO of Gatos Silver.

Mike Struthers, CEO, commented: “Mr. Gomez represents a significant shareholding in Candelaria, and brings a wealth of experience in the Mexican mining sector which will be highly valuable to the Company in the future.”

Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to directors, officers, employees, and consultants of the Company to purchase 380,000 common shares in the capital of the Company at an exercise price of $0.06 per share which expire on December 17, 2027.

Fabled Silver Gold Corp. wishes to announce that it has further amended the payment schedule under its option agreement with Golden Minerals Company with respect to the Santa Maria Project.

Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 5,700,000 common shares of the Company at a price of $0.10 per common share for aggregate gross proceeds of up to $570,000.

Oroco Resource Corp. announces that its shareholders have approved the Company’s amended 10% rolling stock option plan at its Annual General Meeting of Shareholders held on December 16, 2022.