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.
Guanajuato Silver Increases Debt and Equity Financing Package to US$15.3M
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.
Mexico’s mining output grew in February, as sulfur production surged. Overall production was up 0.8%, compared with the same month last year, following a 2.5% rise registered in January, according to data from statistics agency Inegi.
The company had to halt operations at its 70%-owned Cerro Los Gatos silver mine in Mexico, following the suspension of its explosive and blasting permit.