Month: July 2024

Infinitum Provides Update on Progress at La Adelita and Hot Breccia Project

The Company is excited to be mobilising equipment during the week beginning 29th July 2024. These preliminary works will provide access to the Cerro Grande adit. Once the historic adit can be accessed a mining contractor will be engaged to drive a 100m long 3 metre x 3 metre access tunnel to the mineralised body.

Defiance Silver Announces Closing of Private Placement Financing

Defiance Silver Corp. is pleased to announce that it has closed the second and final tranche on July 26th, 2024 of its previously announced non-brokered private placement offering of units of the Company at a price of C$0.20 per Unit with the issuance of 3,043,575 Units for gross proceeds of C$608,715.

Barksdale Announces Closing of Private Placement Financing

Barksdale Resources Corp. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement offering of units of the Company with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45.

Solaris Appoints Arun Lamba as VP, Corporate Development

Mr. Daniel Earle, President & CEO, commented: “We are very pleased to welcome a rising talent in the mining sector like Arun to our team. His expertise in project, market and transaction analysis will support our immediate efforts to explore opportunities to create value for shareholders around our flagship Warintza Project and in the other jurisdictions represented in our portfolio.”

Mexican Steel Giant AHMSA Faces Bankruptcy as of August 4

The integrated Mexican steel giant Altos Hornos de México (AHMSA) will face in two weeks the end of its judicial restructuring process of liabilities and so far without an agreement with its creditors, for which it will be declared bankrupt. In this process, they will seek to seel the company in a single package.

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