Day: December 5, 2024

Minera Alamos Closes C$8,499,900 Bought Deal Private Placement of Common Shares

Minera Alamos Inc. is pleased to announce the closing of its previously announced “bought deal” private placement, with National Bank Financial Inc. as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters pursuant to which the Underwriters purchased 28,333,000 common shares of the Company at a price of C$0.30 per Common Share, with a right to arrange for substituted purchasers, pursuant to the listed issuer financing exemption for aggregate gross proceeds to the Company of C$8,499,900.

Sierra Metals Announces 2025 Production and Cost Guidance

Ernesto Balarezo, CEO of Sierra Metals, comments, “We are very excited to have reached full capacity levels in Yauricocha, allowing us to operate at higher throughput rates. The latter is reflected in the increased metal production and stronger cost guidance. At Bolivar, we also expect to operate at full capacity throughout the year, despite lower projected grades due to our mining sequencing plan.”

Heliostar Metals Adds to Board of Directors

We are very pleased and proud to announce the addition of Ramon Tomas Dávila Flores as non-executive director with immediate effect to Heliostar’s board of directors. Mr. Dávila was most recently President of Guanajuato Silver Co. Ltd.

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