Day: February 6, 2025

Silver Storm Mining Ltd. is pleased to announce that it has closed the final tranche of its non-brokered private placement offering of units of the Company which was initially announced on December 5, 2024. Under the Final Tranche of the Offering, 5,043,335 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $453,900.18. Under the Offering, the Company issued an aggregate of 43,333,334 Units raising total gross proceeds of $3,900,000.06.

SilverCrest Metals Inc. announces that the Company’s securityholders have approved the plan of arrangement with Coeur Mining, Inc. whereby Coeur will indirectly, among other things, acquire all of the issued and outstanding SilverCrest shares.

“We are excited to have closed the Sabre Transaction that provides a new development platform for our shareholders in a stable jurisdiction. The Copperstone mine provides excellent leverage to gold prices and is in keeping with our other assets in that it has robust economics at much lower and more conservative gold price scenarios.” stated Doug Ramshaw, President of Minera Alamos.

Barksdale Resources Corp. announces that Rick Trotman, effective February 5, 2025, has resigned from his position as President and Chief Executive Officer of the Company. William Wulftange, who currently serves as a member of the Company’s board of directors has been appointed Chief Executive Officer of the Company and will assume, on an interim basis, all related duties.

“Strong operating results from the Avino Mine, coupled with a record-breaking financial performance in the fourth quarter, have set the stage for 2025 to be another successful year for Avino,” stated David Wolfin, President and CEO.

Heliostar CEO, Charles Funk, commented, “We are proud to add Vitalina to our team as we continue to grow rapidly. Vitalina brings a strong financial, transactional and reporting background to Heliostar from active production companies in Mexico and West Africa.”

CAPITAN SILVER CORP. is pleased to announce that, in connection with its previously announced private placement financing the Company intends to increase the size of the Offering to up to 13,250,000 units at a price of C$0.40 per Unit for aggregate gross proceeds of up to C$5,300,000.