Panther Minerals Inc. , is pleased to announce that the Company has completed the first tranche of its previously announced non-brokered private placement of common shares in the capital of the Company for gross proceeds of C$1,251,650 through the sale of 6,258,250 Shares at a price of C$0.20 per Share. The proceeds from the Private Placement are going to be used to fund exploration and for general working capital purposes. The Shares issued pursuant to the first tranche of the Private Placement are subject to a four month and one day hold period expiring September 24, 2024 pursuant to National Instrument 45-106 - Prospectus Exemptions. The Company paid a finder's fee of $9,800 in cash to certain arm length parties in relation to the Private Placement. As part of and included...

Not for dissemination in the US. All amounts expressed are in Canadian dollars. Big Gold Inc. is pleased to announce that the Company has closed the first tranche of its recently announced non-brokered private placement offering for gross proceeds of $246,300. As part of the closing, the Company issued 3,494,286 units at a price of $0.035 per unit for gross proceeds of $122,300 common share and one half non-transferable purchase warrant with each Warrant entitling the holder to purchase one additional common share at a price of $0.05 for a period of eighteen months from the closing of the Offering); and 3,100,000 flow-through units at a price of $0.04 per FT unit for gross proceeds of $124,000 common share and one half non-transferable purchase warrant with each Warrant entit...

Lundin Mining Corp. has amended the terms of two credit facilities - a US$1.75 billion revolving credit facility and a US$800 million term loan to, among other things, implement a sustainability-linked loan structure. View PDF Lundin Mining worked with its Co-Sustainability Structuring Agents, Bank of Montreal, The Bank of Nova Scotia, ING Capital LLC and Canadian Imperial Bank of Commerce, to establish key performance indicators and sustainability performance targets that link Lundin Mining's financing strategy to its sustainability strategy, whereby the interest rate margin in the Facilities will be adjusted based on the Company's performance relative to the SPTs. The sustainability linked loan structure incentivizes: Reduced Greenhouse Gas Emissio...

SSR Mining Inc. announces that each of the ten nominees listed in the Proxy Statement for the 2024 Annual and Special Meeting of Shareholders were elected as directors of SSR Mining on Thursday, May 23, 2024. Voting results for the election of directors are set out below: Nominee Name Votes For % For Votes Withheld % Withheld Broker Non Vote A.E. Michael Anglin 98,889,175 95.89% 4,238,077 4.11% 24,500,566 Rod P. Antal 100,239,933 97.20% 2,887,319 2.80% 24,500,566 Thomas R. Bates, Jr. 98,184,538 95.21% 4,942,713 4.79% 24,500,567 Brian R. Booth 101,792,591 98.71% 1,334,661 1.29% 24,500,566 Simon A. Fish 97,398,608 94.45% 5,728,643 5.55% 24,500,567 Leigh Ann Fisher 98,296,899 95.32% 4,830,353 4.68% 24,500,566 Alan P. Krusi 101,448,543 98.37% 1,678,709 1.63% 24,500,566 ...

Pan American Silver Corp. today released its 2023 Sustainability Report describing Pan American's approach and performance in the areas of environment, social and governance . A Spanish and Portuguese version of the Report will be released shortly. Highlights of Pan American's 2023 ESG performance include: Achieved strong safety performance with zero fatalities, as well as recording the second lowest lost time injury frequency rate and the lowest lost time injury severity rate in the Company's history. Invested $14.7 million in local communities. In addition, Pan American spent over $2 billion on wages, supplies, services, and taxes, benefiting the national, regional, and local economies where our operations are located. Rehabilitated 89 hectares of land across our operations. ...

Sailfish Royalty Corp. is pleased to announce its operating and financial results for the first quarter ended March 31, 2024 . All amounts are in U.S. dollars unless otherwise indicated. Q1 2024 Highlights: Gold ounces earned from stream interests of 91 for the three months ended March 31, 2024 ; Royalty revenue earned of $161,987 for the three months ended March 31, 2024 ; Total revenues of $357,955 for the three months ended March 31, 2024 ; Gross profit of $248,088 for the three months ended March 31, 2024 ; Net income of $148,034 for the three months ended March 31, 2024 ; Repurchased for cancellation an aggregate of 516,100 common shares of the Company under the current normal course issuer bid for the three months ended March 31, 2024 ; and Declared a quarterly dividend...

Aurania Resources Ltd. announces it has closed the second tranche of its non-brokered private placement of up to 20,000,000 units for aggregate gross proceeds of up to C$4,000,000, subject to the right of the Company to increase the size of the Initial Offering by up to 25% . An aggregate of 4,219,752 Units were sold under the Second Tranche at a price of C$0.20 per Unit , for total gross proceeds of C$843,950.40. The Company expects to close a third and final tranche next week. Each Unit is composed of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an exercise price of C$0.45 per Warrant Share at any time until May 23, 2026. The Company intends to use the net proceeds rai...

Trading Symbol: Silvercorp Metals Inc. reported its financial and operating results for the three months and twelve months ended March 31, 2024 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q4 FISCAL 2024 Mined 195,160 tonnes of ore, milled 237,493 tonnes of ore, and produced approximately 1,916 ounces of gold, 1.2 million ounces of silver, or approximately 1.3 million ounces of silver equivalent, plus 12.5 million pounds of lead and 4.6 million pounds of zinc; Sold approximately 1,916 ounces of gold, 1.1 million ounces of silver, 11.9 million pounds of lead, and 4.4 million pounds of zinc, for revenue of $42.7 million; Reported net income attributable to equity shareholders of $5.5 million, or $0.03 per share; Realized adju...

Elcora Advanced Materials Corp. , , a leading battery metals exploration company, announces that, pursuant to a director's resolution, the Company will be consolidating all of its issued and outstanding share capital on the basis of every ten old Common Shares into one new Common Share , subject to the approval from the TSX Venture Exchange . As a result of the proposed Share Consolidation, the issued and outstanding Common Shares will be reduced from 170,377,013 pre-Consolidation Shares to approximately 17,037,701 post-Consolidation Shares. No fractional shares will be issued as a result of the proposed Share Consolidation. All fractions of Common Shares will be rounded down to the next lowest whole number. No cash consideration will be paid in respect of fractional shares. ...

Sierra Madre Gold and Silver Ltd. is pleased to announce the appointment of Mr. Jose Francisco Correa Robles as General Manager of La Guitarra Silver-Gold Mine and Mill Complex in Estado de Mexico, Mexico. The Company also announces the issuance of stock options to La Guitarra employees, advisors and consultants of the company. Mr. Correa has more than 23 years of experience in underground mining operations. He has worked for Minera Frisco, LuisMin, Genco Resources, Farallon, Silvermex and First Majestic Silver Corp. He has an in-depth knowledge of the Guitarra mine having served as Head Planning Engineer from 2001 to 2008, Mining Superintendent from 2010 to 2011, and Operations Manager from 2011 to 2013. Mr. Correa was also General Manager of Guitarra in 2013 and 2015. He is...

Vancouver, B.C.; Muzhu Mining Ltd. is pleased to announce the closing of the non-brokered private placement offering for an aggregate of 2,707,500 units raising $137,375 in gross proceeds. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.07 for a period of one year from the date of issuance. The securities issued pursuant to the offering shall be subject to a four month hold period expiring on September 22, 2024. Muzhu Mining Ltd. Dwayne Yaretz, CEO Phone: 778-709-3398 Email: info@muzhumining.ca Website: muzhumining.ca Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio o...

Hecla Mining Company announced today that, effective immediately, its Board of Directors has named Catherine J. "Cassie" Boggs, Hecla's current Chair of the Board, as Interim President and Chief Executive Officer. Ms. Boggs succeeds Phillips S. Baker Jr., who, after nearly 23 years of service, is retiring from the Company and stepping down from its Board. Ms. Boggs will continue to serve as Chair of the Board, and the Board also named Charles B. Stanley to serve as Lead Independent Director effective May 23rd, 2024, and for as long as Ms. Boggs serves as interim President and CEO. As contemplated by Hecla's existing management succession plan, Ms. Boggs will be assisted in managing the affairs of the Company by a committee comprised of Russell Lawlar, Senior Vice President - Ch...

VANCOUVER, BC, May 23, 2024 /CNW/ - Trading resumes in: Company: Copper Road Resources Inc. TSX-Venture Symbol: CRD All Issues: Yes Resumption : 9:30 AM 5/24/2024 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a spe...