Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Pursuant to the definitive purchase agreement date…
Vancouver, British Columbia–(Newsfile Corp. – April 6, 2021) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the “Company” or “Santacruz“) announces that the acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. (“Minera Cedros”), together with the US$17.6 million loan facility from Trafigura Mexico, S.A. de C.V. (the “Trafigura Loan Facility”), are now expected to close on or before April 16, 2021. These transactions were last described in the Company’s news release dated February 25, 2021.
Pursuant to the definitive purchase agreement dated February 24, 2021 (the “Purchase Agreement”) between the Company’s wholly-owned subsidiary, Carrizal Mining S.A. de C.V. (“Carrizal”), and Minera Cedros, closing of the acquisition of the ...
Recommended Read Asia Broadband to acquire Mexico’s Bonanza gold mine project Resource firm Asia Broadband (AABB) has agreed to acquire a 100% stake in the Bonanza Gold Mine Project in Nayarit, Mexico, from Martin Augusto Vallejo Lujambio. ... Read More »
The Mexican parliament’s lower house voted to press ahead with the proposed overhaul of the country’s mining laws which include shortening concessions, tightening water permits and giving back some profits, moves criticized by industry leaders.
Why are mining stocks surging? The Street reported, "A likely rebounding Chinese economy should help boost demand for metals and materials, which in turn should help further lift the mining stocks, such as those held in the iShares MSCI Global Metals & Mining Producers exchange-traded fund." Metals like copper, steel, and ore are projected to be […]
