The former integratedsteel giant Altos Hornos de México (AHMSA) acknowledge that its shareholders headed by Alonso Ancira Elizondo will lose the company because they did not reach a reconciliation with their creditors and therefore must hand over the company to the trustee for the sale of assets.
Defiance Silver Corp. would like to provide an update on the preparation of the required technical reports for its Tepal and San Acacio projects.
Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, is pleased to announce that it has entered into an equity distribution agreement with Research Capital Corporation to establish an at-the-market equity program.
Prime Mining Corp. is pleased to announce the filing of a technical report for the updated mineral resource estimate reported on October 15, 2024, for its Los Reyes gold-silver project located in Sinaloa State, Mexico.
Regency Silver has issued 8,457,706 units at a price of $0.15 per unit on this first tranche closing for gross proceeds of CAD$1,268,655.
Sandstorm Gold Ltd. is pleased to provide various developments within its diversified stream and royalty portfolio.
“The successful results achieved from our first diamond drill program at La Parrilla have greatly enhanced our knowledge of the mineralization as well as controlling features and systems. Furthermore, the high-grade drill results clearly demonstrate that zones previously mined by First Majestic Silver continue down-plunge and along strike.”
Endeavour Silver Corp. is pleased to announce the completion of its prospectus offering announced on November 20, 2024 for the issuance of a total of 15,825,000 common shares at a price of US$4.60 per Common Share for aggregate gross proceeds of US$72,795,000.
Dan Barnholden, CEO stated, “We’ve had a busy quarter, and I’m pleased with the progress. The Company completed a financing totalling C$11.3 million which is allowing us to shorten the lead time on our value creation initiatives. Optimization at both Campo Morado and Tahuehueto continues to progress.”
Heliostar CEO, Charles Funk, commented, “La Colorada has long been a successful mine that helped build El Dorado Gold in 1990s and Argonaut Gold in the 2010s. It has operated profitably over its history and has reserves to support growth. Mining ceased in 2023 when stripping to expand the pit was not completed. This pre-strip is now a capital project and the opportunity to restart is a priority for Heliostar in 2025.”
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