
Month: May 2022
Discovery Reports Q1 2022 Financial Results and Update
TORONTO, May 27, 2022 — Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the three months ended March 31, 2022 (“Q1 2022”), and provide a summary of key events for the quarter, and subsequent to quarter-end. All amounts are presented in Canadian dollars (“C$”) unless otherwise stated.
ERIC SPROTT ANNOUNCES HOLDINGS IN DISCOVERY SILVER CORP
TORONTO, May 27, 2022 – Eric Sprott announces that, today, 2176423 Ontario Ltd. (a corporation he
beneficially owns) exercised 9,090,909 common share purchase warrants (Warrants) of Discovery Silver
Corp., at $0.77 per common share (Share) for aggregate consideration of $7,000,000. The exercise of the
Warrants, combined with prior corporate treasury issuances of Shares, resulted in a decrease in holdings of approximately 2.6% of the outstanding Shares on a partially diluted basis since the date of the last early
warning report. Prior to such exercise, Mr. Sprott beneficially owned and controlled 80,440,145 Shares and
14,646,409 Warrants representing approximately 24.1% of the outstanding Shares on a non-diluted basis
and approximately 27.3% on a partially diluted basis assuming the exercise of all such Warrants.
Magna Gold.- Q1 2022 Operating and Financial Results
TORONTO, May 27, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), today announced operating and financial results for the three months ended March 31, 2022 and 2021 (“Q1 2022” and “Q1 2021”, respectively). All figures are in US Dollars, unless otherwise expressed.
GATOS SILVER PROVIDES BI-WEEKLY STATUS REPORT
Denver, CO — May 27, 2022 — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). In its March 18, 2022 news release (the “Notice”), the Company announced the delay in the filing of its annual report on Form 10-K for the year ended December 31, 2021, which includes its audited consolidated financial statements as at and for the year ended December 31, 2021, together with the auditor’s report thereon and the notes thereto, its management’s discussion and analysis for the year ended December 31, 2021 relating to the audited annual financial statements, and the Chief Executive Officer and Chief Financial Officer certificates relating to its annual filings by the filing deadline of March 31, 2022. In its May 13, 2022 news release, the Company announced the delay in the filing of its interim financial filings on Form 10-Q for the quarterly period ended March 31, 2022, which includes interim financial statements as at and for the quarterly period ended March 31, 2022, together with its management’s discussion and analysis for the quarterly period ended March 31, 2022 relating to the interim financial statements, and the Chief Executive Officer and Chief Financial Officer certificates relating to its interim filings by the filing deadline of May 16, 2022.
CARTERA DE PROYECTOS MINEROS EN MÉXICO
SUPERA LOS US$9.000MN
La cartera de proyectos mineros en México superó la marca de los US$9.000 millones tras importantes cambios de alcance en el proyecto Media Luna, de Torex Gold; sin embargo, los calendarios de varios activos se han visto retrasados.
Fuente: BNamericas
Mineros se amparan contra reforma laboral que limita el reparto de utilidades
En vísperas de que venza el plazo para el reparto de utilidades, trabajadores mineros del Estado de México y otras entidades dieron a conocer que ya se ampararon contra la reforma laboral, que limita hasta en 80% esta prestación.
Source: https://www.la-prensa.com.m
Mineras en Bolsa ganan siguiendo buena racha de metales
Las acciones de las mineras mexicanas Industrias Peñoles, Grupo México y Fresnillo (filial de Peñoles que cotiza en Londres), subieron en promedio 17.74% desde el 12 de mayo, siguiendo la buena racha que tienen el oro y la plata desde esa fecha, cuando ambos metales repuntaron de su mínimo del 2022.
Fuente: El Economista
México llevará a los tribunales a Vulcan Materials si es necesario: AMLO
México acudirá a los tribunales locales e internacionales si no se llega a un acuerdo con la empresa estadounidense Vulcan Materials sobre su actividad minera en el estado oriental de Quintana Roo, dijo el miércoles el presidente Andrés Manuel López Obrador.
Source: https://mineriaenlinea.com/
Mapped: The 10 largest gold mines in the world, by production
Gold mining is a global business, with hundreds of mining companies digging for the precious metal in dozens of countries.
Source: https://www.mining.com/