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“Our objective is to provide investors with exposure to silver, and the La Colorada Skarn provides that exposure in scale, with annual silver production estimated to average 17.2 million ounces during the first 10 years.”
Silver Viper Minerals Corp. announced today that the Company intends to amend its non-brokered private placement financing to raise gross proceeds of up to approximately $2,000,000 from the sale of up to 20,000,000 units at a price of $0.10 per Unit, each Unit consisting of one common share of the Company and one warrant.
Reacting to the news that major coal producer and exporter and aggressive coal lobbyist, Glencore, will agree to align its business and investments with the climate goals of the Paris Agreement and not grow its coal business, ClientEarth Head of Climate Alice Garton said:
Solway Investment Group, a Switzerland-based mining company with interests in Guatemala, says it agrees with a regional court’s decision requiring the Guatemalan government to recognize the property rights of an Indigenous community
Net proceeds of the Offering, if any, together with the Company’s current cash resources, will be used to fund the construction and development of the Company’s Terronera Mine, to advance the evaluation and development of the Pitarrilla and Parral properties, to assess potential development stage mineral properties for acquisition, to fund the potential acquisition of other development stage mineral properties, for continued exploration on the Company’s existing mineral properties and to add to the Company’s working capital.
“These past two months have seen a turnaround in our production and we are exceeding our budgeted production once again,” reported Robert Eadie, CEO of the Company.
An additional 18,000 Outstanding Warrants were exercised pursuant to the Incentive Program. Accordingly, the Company confirms that (a) a total of 17,599,544 common shares in the capital of the Company were issued upon the exercise of 17,599,544 Outstanding Warrants, providing aggregate gross proceeds of $5,279,863.20 to the Company, (b) a total of 5,866,504 Incentive Warrants were issued pursuant to the Incentive Program, and (c) following completion of the Incentive Program, there remains 28,764,086 Outstanding Warrants.
Santacruz Silver Mining Ltd. is pleased to announce that it has sold its shares in Santacruz Holdings Ltd., which has 100% ownership in Impulsora Minera Santacruz, S.A. de C.V., a non-core Mexican subsidiary of the Company, to a private Mexican group.
“Vizsla has always placed sustainability at the heart of its strategy,” commented Michael Konnert, President and CEO. “This inaugural Report demonstrates our ongoing commitment to the environment, our people, the communities in which we operate, and our high standards of corporate governance.”
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