Chairman and CEO Frederick Davidson commented, “We are truly pleased to acquire a second mining district after evaluating hundreds of projects over the years in an effort to grow IMPACT. Currently Plomosas is a relatively small mining operation on a large mineral system.”
Osisko Development Corp. is pleased to announce that it has entered into an agreement with Eight Capital and National Bank Financial Inc., as co-lead underwriters and joint bookrunners, and on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate 6,819,000 Units of the Company at a price of $6.60 per Unit for aggregate gross proceeds of $45,005,400.
Consolidated Zinc Limited is pleased to announce that it has entered into a binding conditional share sale agreement with Impact Silver Corp., a TSX Venture Exchange and FSE listed company domiciled in British Columbia, Canada pursuant to which the Company will sell its 100% legal and beneficial interest in Minera Latin American Zinc S.A.P.I de C.V., a subsidiary of the Company that owns the Plomosas Project, to Impact Silver.
Brian Leeners, CEO of Prime Meridian, stated, “The Cuatro Hermanos Copper Project is currently an 8-square kilometre, at-surface, copper and molybdenum system with near-term soluble copper (SXEW) production potential. The asset in its entirety versus the current value of PMR, represents tremendous leverage to rising copper and molybdenum prices which are beginning to reflect projected deficits in forward supply.”
Infinitum Copper Corp. announces that Matt Hudson has been appointed as President and CEO of the Company effective February 1, 2023.
Jody Kuzenko, President & CEO of Torex, stated: “Development of Media Luna is well underway with the project tracking to schedule and to budget. At year-end, project completion stood at 15%, with first production still anticipated in late 2024.”
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