Silver Spruce Resources Inc. is pleased to announce that it is proposing to consolidate its common shares on the basis of one post-consolidation common share for every fifteen pre-consolidation common shares issued and outstanding.
Aztec Minerals Corp. announces it has granted an aggregate of 1.575 million stock options to directors, management, and consultants of the company as an incentive to create shareholder value, pursuant to the terms of the company’s stock option plan.
Golden Minerals Company announces that further to its press release dated September 3, 2024, it has entered into a definitive agreement to sell Silex Argentina S.A., its wholly-owned subsidiary, to Butte Energy Inc.
Pursuant to the Private Placement, the Company issued a total of 15,500,00 units at CAD $0.05 per Unit for gross proceeds of CAD $775,000.
Luca Mining Corp. is pleased to announce it has closed its fully subscribed brokered private placement pursuant to the “listed issuer financing exemption” under Part 5A of NI 45-106 – Prospectus Exemptions resulting in the issuance and sale of 19,000,000 units of the Company at a price of C$0.45 per LIFE Unit for aggregate gross proceeds of C$8,550,000. The Company also closed its concurrent non-brokered private placement of 6,126,167 units of the Company at a price of C$0.45 per Non-LIFE Unit for aggregate gross proceeds of C$2,756,775. The combined gross proceeds raised pursuant to the Financings was C$11,306,775.
Sonoro Gold Corp. is pleased to announce that it has closed an over-subscribed non-brokered private placement of 17,500,000 units at a price of C$0.05 per Unit, for gross proceeds of C$875,000.
Guanajuato Silver Company Ltd., a growing Mexican-based precious metals producer, announces that over 3,000,000 ounces of silver-Equivalent have now been produced at the El Cubo mill; this significant milestone has triggered the last remaining contingent payment owed to Endeavour Silver Corp. as part of the purchase of the El Cubo mine and mill complex located in Guanajuato, Mexico.
“Vizsla Silver remains committed to sustainable practices to support positive change in our industry and beyond,” commented Michael Konnert, President and CEO. “This Report is a testament to our efforts and dedication to forge a responsible future for the environment, our people and the communities in which we operate.”
“I am very pleased to welcome Sunny to the Prime Board,” stated Murray John, Chair of the Board of Directors. “As an Independent Director, Sunny brings a wealth of financial, mining and executive experience to Prime. We are looking forward to working with her as the Management team advances the Los Reyes Project.”
Dale Andres, CEO of Gatos Silver, said: “We continue to deliver on CLG’s growth potential through disciplined optimization of our assets and successful near-mine resource expansion and conversion. The 2024 LOM Plan represents our second consecutive multi-year mine life extension with the current mine life now extended to the end of 2032 in conjunction with higher mill throughput rates, which are now expected to exceed design capacity by 40% starting in mid-2025.”
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