Month: June 2023

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced that it has completed disclosure of outstanding 2021 and 2022 securities regulatory filings and has reached an agreement in principle to settle the US class action lawsuit. The Company also today announced that it has set the date of its 2023 annual meeting of stockholders (the “Annual Meeting”) as September 6, 2023. The record date for the Annual Meeting is July 14, 2023. The time, format and other details for the Annual Meeting will be set forth in the Company’s proxy materials for the Annual Meeting, which will be filed on both EDGAR and SEDAR systems. The Company has a 70% interest in the Los Gatos Joint Venture (“LGJV”), which in turn owns the Cerro Los Gatos (“CLG”) mine in Mexico....

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 26, 2023 (GLOBE NEWSWIRE) —  JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for gross proceeds of $200,000 (the “Second Tranche”). For more information about the Offering and the first tranche closing (the “First Tranche”), please see the Company’s press release dated March 24, 2023 and June 12, 2023, respectively, which are available under the Company’s profile on SEDAR at www.sedar.com. Pursuant to the Second Tranche,...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce the closing of $3,300,000 of gross proceeds from the first tranche of a non-brokered private placement of units (the “Offering”). The Company will accept further investor commitments for the Offering, up to a maximum of $4,000,000 of gross proceeds. The Offering consists of a non-brokered private placement of up to 20,000,000 units (each, a “Unit”) at a price of $0.20 per Unit for gross proceeds of up to $4,000,000. The Company has closed today on $3.3 million of Units. Each Unit is comprised of...

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has priced an offering of debt securities consisting of US$500 million aggregate principal amount of 6.250% senior notes due 2033. The notes will be senior unsecured obligations of Kinross and will be unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements. The offering is expected to close on July 5, 2023, subject to customary closing conditions. Kinross intends to use the net proceeds from the offering to redeem all US$500 million aggregate principal of its outstanding 5.95% senior notes due 2024 (the “2024 Notes”). As of the date of this news release, Kinross has not issued a notice of redemption in respect...

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders (the “Meeting”) held on Friday, June 23, 2023. A total of 950,464,631 common shares were voted at the Meeting, representing 73.46% of the votes attached to all outstanding common shares. Shareholders voted overwhelmingly in favour of all items of business before the Meeting. The nine director nominees listed in B2Gold’s Management Information Circular (“the “Circular”) dated May 15, 2023, were elected as directors of B2Gold to hold office for the ensuing year or until their successors are elected or appointed. Detailed results of the vote for each director are set out below:Name Total...

Cellular router paired with comprehensive security service and connect-and-go ease enables lean IT organisations to manage large IoT installations MELBOURNE, Australia, June 27, 2023 (GLOBE NEWSWIRE) — Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, today announced the launch of the S700, a multipurpose IoT router designed to provide a rich zero trust security service to enterprise customers. Coupled with Cradlepoint NetCloud Exchange Secure Connect, the S700 provides a comprehensive cloud-managed network solution to safeguard IoT devices as today’s attack surface expands and adversaries increasingly target connected devices. There are an estimated 41.76 billion IoT devices that exist globally in 2023. With shipments of these devices expected to grow at 18% annually, IoT solutions are...

Figure 1. Project After-Tax Cash FlowFigure 2. Production ProfileFigure 3. LOM schematicFigure 4. Process Flow SheetFigure 5. Fenelon Location MapFigure 6. Mine SiteTable 6: Fenelon Deposit Mineral Resource EstimateWEBCAST TO BE HELD ON JUNE 27, 2023 @ 10:00 AM EST.To join the webinar, register here TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to report positive results from the Preliminary Economic Assessment (“PEA”) completed on its still growing, 100%-owned Fenelon gold project (“Fenelon” or the “Project”) located in the Abitibi Greenstone Belt, along the Detour-Fenelon Gold Trend, Quebec (Table 1). Tony Makuch, Chairman of Wallbridge, stated: “Projects such as Fenelon, with a projected annual production...

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG) (OTCQB: WRLGF) announces the grant of stock options, restricted share units (“RSUs”) and deferred share units (“DSUs”) in accordance with the Company’s stock option plan, and its RSU and DSU Plan. Directors and Officers of the Company were granted an aggregate of 3,800,000 stock options vesting over a three year period with 25% vesting in 3 months from the grant date and 25% vesting on the first, second and third anniversary of the grant date at an exercise price of $0.62 and will be exercisable for a 5 year period. In addition, 1,030,000 RSUs were granted to Officers of the Company and 600,000 DSUs were granted to Directors. The RSUs will vest over three years in three equal...