Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 27,272,727 units of the Company at a price of $0.55 per Unit for aggregate gross proceeds of up to $15,000,000.
“We’re pleased to establish this new credit facility with Truist Bank, which not only augments our working capital capabilities, but also demonstrates growing confidence in our business and long-term potential,” said Richard (Rick) Isaak, Senior Vice President and CFO of U.S. Antimony.
Plata Latina Minerals Corporation has completed the sale of the 3% net smelter return on the Naranjillo property for a total of US$6,000,000 to a wholly-owned subsidiary of Fresnillo plc.
Akiba Leisman, Chief Executive Officer, states that “2024 represented a major inflection point for Mako, demonstrating the inherent profitability of our asset base. Not only did we generate $42.2 million in Adjusted EBITDA and $0.27 in EPS for the year, but we achieved that at gold prices nearly $800 per ounce lower than current market prices.”
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