Category: Investor’s Corner

Endeavour Silver Corp. Closes US$73 Million Bought Deal Financing

Endeavour Silver Corp. is pleased to announce the completion of its prospectus offering announced on November 20, 2024 for the issuance of a total of 15,825,000 common shares at a price of US$4.60 per Common Share for aggregate gross proceeds of US$72,795,000.

Luca Posts US$11.4 Million EBITDA for First Nine Months of 2024

Dan Barnholden, CEO stated, “We’ve had a busy quarter, and I’m pleased with the progress. The Company completed a financing totalling C$11.3 million which is allowing us to shorten the lead time on our value creation initiatives. Optimization at both Campo Morado and Tahuehueto continues to progress.”

Bear Creek Mining Reports Q3 2024 Financial and Operating Results

Eric Caba, President & CEO, states, “We are very happy to report that Bear Creek recorded a gross profit of $5.9 million during the quarter, and for the first time since acquiring Mercedes, a profit after operating expenses for the three months ended September 30, 2024.”

Orogen Royalties Announces Another Strong Quarter in Royalty Revenue

Paddy Nicol, CEO of Orogen Royalties, commented, “We are reporting another quarter of record royalty revenue from the Ermitaño mine that is supported by consistent production, high gold and silver prices, and strong recoveries. We are pleased that royalty revenue has remained strong since production began in 2021 and that First Majestic has continued to invest capital in operational optimization, exploration and underground development of the Ermitaño mine.

Santacruz Silver Reports Third Quarter 2024 Results

Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “Following the successful restructuring of the Share Purchase Agreement (SPA) with Glencore, the Company has significantly enhanced its financial position. This achievement, coupled with strong operational performance and solid revenue growth, led to a successful third quarter, highlighted by $78 million in revenue, $16 million in EBITDA, and $18 million in cash and cash equivalents.”

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