Defiance Silver Corp. announces the extension of the San Acacio Silver Project option agreement and the acquisition of an additional six licenses at its Tepal project as part of the company’s exploration program.
“We are excited to report record financial results for a fourth consecutive quarter. Our focus on operational performance, cost control and capital discipline has allowed us to deliver the leverage to record gold prices to our shareholders. This quarter we repaid $375 million of debt, increased our cash position and continued to provide strong returns to shareholders,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
Orogen Royalties held its Annual Meeting, where all proposed resolutions were approved, confirming the company’s ongoing commitment to organic royalty development.
Radius Gold successfully raises CAD $580,500 through a private placement, advancing its ongoing exploration initiatives with solid investor backing. Each unit issued includes a common share and a warrant, reflecting Radius’s commitment to growth and stakeholder value.
Pursuant to the Private Placement, the Company issued an aggregate of 125,000,000 Subscription Receipts at an issue price of C$0.40 per Subscription Receipt, for gross proceeds of C$50 million, which included 12,500,000 Subscription Receipts issued pursuant to the exercise, in full, of the Underwriters’ option granted to the Underwriters in connection with the Private Placement.
“We are delighted to welcome the Reyna Gold shareholders to Reyna Silver,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “We thank all the shareholders for their recognition of the synergies and strong support of the merger. Now, we can all look forward to results from our current drill campaign at Gryphon together.”
Silver Dollar Resources Inc. has completed the previously announced non-brokered private placement financing that raised gross proceeds of $1,500,000.
Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds to the Company of C$8,720,400. The Private Placement consisted of 36,335,000 units of the Company at a price of C$0.24 per Unit.
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