“On behalf of the Board, management and staff, I would like to thank outgoing director, Dan MacInnis, for his 19 years of commitment and service to the Company,” said George Paspalas, President and CEO of MAG.
“We are problem solvers and sought to resolve each challenge presented by Mexico, up until the point the Mexican government cancelled our concessions. This leaves us with no alternative but to pursue international arbitration. We regret this outcome for shareholders, who may still see some benefit from the discovery as we pursue this arbitration. However I lament most heavily this outcome for local people, whom we have worked very closely with over the past two decades, and who have become our friends. They now stand to gain nothing from the Ixtaca project which was developed and designed with their assistance.”
Further to its news release of May 13, 2024 Starcore International Mines Ltd. reports that together with Xali Gold Corporation and Kappes, Cassiday & Associates drilling has begun on the El Oro Mine Tailings at El Oro, Mexico, for the purpose of taking a representative sample which will be used to confirm the process flowsheet.
Discovery Silver Corp. is pleased to announce the appointment of Mark Utting as Vice President, Investor Relations effective immediately.
Silver Wolf Exploration Ltd. is pleased to announce that further to the Company’s press release dated May 22, 2024, the Company has closed its best efforts non-brokered private placement of 6,666,666 units of the Company at a purchase price of C$0.15 per Unit for aggregate gross proceeds of up to C$1,000,000.
Discovery Silver Corp. today announced an agreement to engage the services of ICP Securities Inc. to provide automated market making services, including the use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Exchange and other applicable legislation.
SilverCrest Metals Inc. is pleased to announce the results of its Annual General Meeting of Shareholders held in Vancouver, BC, on June 12, 2024.
Heliostar Metals Ltd. is pleased to announce a non-brokered private placement of up to 18,867,924 common shares at a price of $0.265 per Offered Share for gross proceeds of up to approximately $5 million.
Capitan Silver Corp. is pleased to announce that it has amended its agreement to repurchase a royalty on its Cruz de Plata silver gold project, located in Durango, Mexico.
Almaden Minerals Ltd. announces that further to its press release of March 14, 2024, it has taken the decision to submit its claims to arbitration against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. This decision comes after a consultation meeting held with Mexican officials on May 30, 2024 that did not result in an amicable resolution of the Company’s investment dispute with Mexico.
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