Pursuant to the Private Placement, the Company issued 5,700,000 common shares at a price of $0.10 per share, for aggregate gross proceeds of $570,000, which are being allocated to existing working capital and capex needs of the Company.
GR Silver Mining Chair and CEO, Eric Zaunscherb comments “As we close off the San Marcial database for the resource estimation scheduled this quarter, we are excited by the potential contribution of the new SE Area discovery.”
Sierra Metals Inc. announced today the departure of Mr. Ed Guimaraes, the Chief Financial Officer of the Company, and the appointment of Mr. José Fernández-Baca as Interim CFO.
“2022 was a defining year for Orla as we made the successful transition from developer to producer,” said Jason Simpson, President and Chief Executive Officer of Orla.
Chris Wright, Chairman & CEO, commented: “We want to thank Minera Tepal for their continued support and partnership as we advance the Tepal project. With approximately $10 million of cash in the bank, Defiance is well-funded and we plan on continuing to advance our projects in 2023, including exploration and definition drilling in Zacatecas.”
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.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
