KOOTENAY SILVER ANNOUNCES $5.0 MILLION PRIVATE PLACEMENT FINANCING

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Vancouver, BC – July 28, 2020 – Kootenay Silver Inc. (“Kootenay” or the “Company”) (TSXV: KTN), is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as lead agent and sole bookrunner (the “Lead Agent”), on its own behalf and, if applicable, on behalf of a syndicate of agents (together with the Lead Agent, the “Agents”) in connection with a best efforts, private placement of units of the Company (the “Units”) at a price of $0.40 per Unit (the “Offering Price”) for gross proceeds of up to $5,000,000 (the “Offering”).

Ridgestone Secures Mill Ahead of Bulk Sample at Rebeico

2020 News _ Ridgestone Mining, Inc_

VANCOUVER, BC / July 27, 2020 / Ridgestone Mining Inc. (TSX.V: RMI) (OTCQB: RIGMF) (FRANKFURT: 4U5) (“Ridgestone”) is pleased to announce it has entered into a toll milling agreement with a nearby mill to process bulk samples from historic dumps of the Alaska vein. Additionally, the Company has also received bids from mining contractors to rehabilitate historical underground workings along the Alaska vein to facilitate underground and bulk sampling.

Santacruz Silver Signs Agreement to Acquire the Zimapan Mining Assets from Grupo Peñoles

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Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) through its wholly owned subsidiary, Carrizal Mining, S.A. de C.V. (“Carrizal”), has entered into a legally binding term sheet (the “Term Sheet”) with Minera Cedros, S.A. de C.V. (“Minera Cedros”), a wholly owned subsidiary of IndustriasPeñoles, S.A.B. de C.V. to acquire (the “Transaction”) the Zimapan property and related assets (the “Zimapan Mine”) located in Zimapan, Hidalgo State, Mexico for total consideration of US$20 million (plus applicable Mexican Value Added Tax of US$3.2 million) (the “Purchase Price”).

Southern Silver Reports on Equity Raise and Announces Additional C$4 Million Equity Raise

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Southern Silver Exploration Corp. (“Southern Silver” or the “Company”) reports that the previously announced brokered offering of subscription receipts (the “Subscription Receipts”) to be issued at the price of C$0.20 per Subscription Receipt, has been fully subscribed for aggregate gross proceeds of C$10,000,000 and it is anticipated to close on or about July 31, 2020.

SIERRA METALS ANNOUNCES RESTART OF PRODUCTION AT ITS CUSI SILVER MINE, MEXICO

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  • Production plans include recently announced high-grade silver discovery
  • Silver expected to become a significant contributor to Company’s Revenue Mix

TORONTO–(BUSINESS WIRE)– Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) (“Sierra Metals” or the “Company”) announces that it has restarted operations and production at its Cusi Silver Mine in Mexico. The Company has implemented a process at the mine to mitigate COVID-19 risk to employees at the site, and the surrounding communities, through a testing and quarantine methodology similar to the Company’s other operations.

Golden Tag Announces $5.6 Million Non-Brokered Financing Led by Eric Sprott

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Toronto, Ontario, July 28, 2020: Golden Tag Resources Ltd. (“Golden Tag” or the “Company”) (TSX.V: GOG) announces that the Company will arrange a non-brokered private placement pursuant (“Private Placement”) to which it will sell up to 20,000,000 Units (each, a “Unit”) at a price of C$0.28 per Unit to raise aggregate proceeds of up to $5,600,000 (the “Offering”).  The Offering is subject to an over-allotment option allowing Golden Tag to increase the number of Units sold by an additional 5,000,000 Units for total aggregate proceeds of $7,000,000, if fully exercised.

Fresnillo plc interim results for the six months to 30 June 2020

Half-year Report

Octavio Alvídrez, Chief Executive Officer, commented:

 “Our purpose is to contribute to the wellbeing of people, through the sustainable mining of silver and gold – and this has guided all our decisions throughout the COVID-19 pandemic. Our commitment to prioritise the wellbeing of our workforce and communities at all times meant that we acted promptly and rapidly adapted our activities and operations to protect health. COVID-19 has presented a challenge to Fresnillo in the first half. However, we have come together as a company and I am proud of the way we have adapted to this new environment. Above all, it has shown that our purpose is not just a set of words, but directly reflects how we act as a business.

 

Candente Gold announces proposed Warrants Extension

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Vancouver, British Columbia (July 27th, 2020) Candente Gold Corp. (TSXV:CDG) (“Candente Gold” and/or the “Company“) advises that it has applied to the TSX Venture Exchange (“TSXV“) for approval to extend the exercise period of a total of 5,000,000 outstanding share purchase warrants (the “Warrants“) issued pursuant to the private placement completed on August 12, 2016.  The amended expiry date was August 12th, 2020 and if the extension is approved, the new expiration date will be August 12th, 2021.