Category: Investor’s Corner

Capstone Copper Corp. and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance Fund I-A LP jointly announce that Orion has entered into a block trade agreement with Macquarie Capital (Australia) Limited, Canaccord Genuity (Australia) Limited and RBC Capital Markets (Australia) under which Orion has agreed to sell 62,400,000 CHESS depository interests over the common shares of Capstone at a price of A$9.50 per CDI for gross proceeds to Orion of approximately A$592,800,000.

James Anderson, Chairman and CEO, said, “Q1 generated our best production performance to date and continues the trend of demonstrable quarter-over-quarter increases in precious metals production. In 2023, we made significant capex investments aimed at improving efficiencies across all of our producing assets; the impact from these improvements is now being realized as evidenced by our strong start to the year.”

“After almost four years since its launch, we are pleased to announce the successful closure of the Global Community Support Fund, which reflects our ongoing commitment to partnering with the communities where we operate,” said Suzy Retallack, Chief Safety and Sustainability Officer at Newmont.

Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing pursuant to the Listed Issuer Financing Exemption of National Instrument 45-106 – Prospectus Exemptions to raise gross proceeds of up to $4,000,000 from the sale of up to 40,000,000 units at a price of $0.10 per Unit.

Alamos Gold Inc. today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed for 174,825,175 common shares of Argonaut representing approximately 13.8% of Argonaut’s total outstanding common shares after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total gross proceeds to Argonaut of C$50,000,000.

Excellon Resources Inc. is pleased to announce a non-brokered private placement offering of up to 7,500,000 units of the Company at a price of $0.18 per Unit for aggregate gross proceeds to the Company of up to $1,350,000.

Rodrigo Barbosa, President and CEO of Aura commented, “We are excited to announce our latest Mineral Resources and Reserves update across our operations, marking an impressive increase across all categories, adding 2.4moz in M&I Resources and 856koz in P&P Reserves. This achievement is a result of our clear strategy to increase production while we increase our Resources and Reserves.

Ramon Perez , President and Interim CEO, commented, “We are delighted to welcome Israel Munoz as VP Finance. Mr. Munoz will work closely with the Company’s CFO, Lisa Dea, to optimize the Company’s finance function, systematize internal controls and implement a new enterprise resource planning system across the Company.”

Sonoro Gold Corp. is pleased to announce that it has closed the final tranche of its over-subscribed non-brokered private placement for additional gross proceeds of C$616,079. Together with the first tranche of the Offering, the Company issued 23,350,009 units at a price of C$0.05 per Unit, for gross proceeds of C$1,167,500.

Three material properties are currently in production: the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine. The fourth material property, the Jerritt Canyon Gold Mine, is currently in temporary suspension in respect of mining activities, with the Company currently focused on exploration, definition, and expansion of the mineral resources, and the optimization of mine planning and plant operations.