Vizsla Silver Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity as sole bookrunner, on behalf of itself and syndicate of underwriters pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 25,000,000 common shares at a price of $2.60 per Common Share, for gross proceeds of approximately $65,000,000.
“The addition of Magino has enhanced our already strong growth profile, and its integration with Island Gold is expected to drive significant synergies and open up longer-term opportunities. Our near-term rate of production has increased by more than 20%.”
As previously disclosed, due to certain complexities associated with the acquisition of the La Parrilla assets, the accounting and audit process remains ongoing at this time. The BCSC has given the Company until September 27, 2024 to complete its Annual Filings, which the Company anticipates being in a position to meet.
Further to its news release dated September 6, 2024, Luca Mining Corp. is pleased to announce that Stifel as lead agent on behalf of a syndicate of agents including Haywood Securities Inc., Ventum Financial Corp., BMO Capital Markets and Canaccord Genuity Inc., has advised the Company that the brokered “best-efforts” private placement pursuant to the “listed issuer financing exemption” under Part 5A of NI 45-106 – Prospectus Exemptions of up to 19,000,000 units of the Company has been fully subscribed.
Ranchero Gold Corp. is pleased to announce that further to its press release of August 21, 2024 the Company has closed the sale of its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. to an arm’s length party purchaser.
Proven and probable mineral reserves are estimated to contain approximately 468.0 million ounces of silver and 6.9 million ounces of gold. Measured and indicated mineral resources (excluding proven and probable reserves) are estimated to total approximately 1,148.0 million ounces of silver and 15.5 million ounces of gold.
Sonoro Gold Corp. announces a fully committed, non-brokered private placement offering consisting of 14,000,000 units at a price of C$0.05 per Unit, for gross proceeds of C$700,000.
“We are pleased with how quickly our area of interest is expanding and the added confidence we are gaining with each progression of Gran Pilar” commented Brodie Sutherland, CEO.
“We announced the agreement with Fortuna Mining in March and have spent the past six months incorporating the results from a recent airborne magnetic survey and extensive geochemistry and mapping into our past project databases and have designed an initial drill program to test three of the highly prospective targets for the project.”
First Majestic Silver Corp. announces that the Toronto Stock Exchange has accepted for filing First Majestic’s Notice of Intention to Make a Normal Course Issuer Bid to be transacted through the facilities of the TSX and/or through Canadian alternative trading systems.
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