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 ...
Mining production in Mexico is estimated to have remained flat in 2022, affected in part by the weakening of construction and the steel industry, according to the head of economics think tank IDIC, José Luis de la Cruz.
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