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 ...
Mexico-focused gold-silver explorer Prime Mining is increasing its recently announced bought deal private placement, which had Desjardins Capital Markets acting as sole bookrunner and co-lead underwriter along with TD Securities, to fund the development of its sole asset, the Los Reyes project.
Mining industry investment in Mexico would increase in 2022, but would still be far from the record figures of a few years ago, due to the effects of growing security problems in the country, a high tax burden and the government’s decision to stop granting new concessions.
Starcore International Mines Ltd. has filed the results for the year end dated April 30, 2022 for the Company and its mining operations in Queretaro, Mexico.