Goldgroup Closes Non-Brokered Private Placement
January 21, 2025
Pursuant to the Private Placement, the Company issued a total of 35,000,000 units at CAD $0.10 per Unit for gross proceeds of CAD $3,500,000.
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Pursuant to the Private Placement, the Company issued a total of 35,000,000 units at CAD $0.10 per Unit for gross proceeds of CAD $3,500,000.
Zacatecas Silver Corp. announced the appointment of Mr. Eric Vanderleeuw as Director. Mr. Vanderleeuw brings extensive expertise in capital markets to the Company, having facilitated the successful raising of over $100 million for venture initiatives throughout his consulting career.
Sheinbaum reiterated that, after Trump’s inauguration, “we will enter into communication, and we know that there will be an agreement on the different issues, that is our objective.”
“I am very pleased to announce that this private placement will be led by Jupiter, a new strategic investor in Capitan. Jupiter has deep technical expertise and a track record for identifying great investment opportunities early. We are grateful for their investment and look forward to a strong partnership with them.”
Ernesto Balarezo, Sierra Metals CEO, comments, “We are very pleased with the results of our exploration strategy at Bolivar to date and these results only offer what we believe is a glimpse of the mine’s full potential. This drill program in the Marian Zone indicates higher metals grades that have the potential to add to the overall mineral resources at Bolivar.”
“We are confident in our 2025 production and cost guidance as it reflects both our focus on maximizing gold output and maintaining prudent cost controls,” said Rohan Hazelton, CEO of DynaResource.
Avino Silver & Gold Mines Ltd. a long-standing silver producer in Mexico , achieved fourth quarter production totaled 735,557 silver equivalent ounces, and full year 2024 production results of 2.65 million silver equivalent ounces.
Fortuna Mining Corp.reports production results for the fourth quarter and full year 2024 from its five operating mines in Latin America and West Africa. For the full year 2024, Fortuna produced a record 369,637 ounces of gold and 3,724,945 ounces of silver for a record 455,958 gold equivalent ounces1, including lead and zinc by-products.
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