Press release content from Business Wire. The AP news staff was not involved in its creation.
Coeur Mining, Inc. Announces Upsize and Pricing of New Senior Notes
February 22, 2021 GMT
CHICAGO (BUSINESS WIRE) Feb 22, 2021
Coeur Mining, Inc. (the “Company” or “Coeur”) (NYSE: CDE) today announced the upsize and pricing of its offering (the “Offering”) of U.S. $375,000,000 of 5.125% Senior Notes due 2029 (the “Notes”) to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Offering was upsized from the previously announced $350,000,000 aggregate principal amount. The coupon of the Notes will be 5.125% per year from the date of issuance, payable semi-annually in arrears. The Notes will mature on February 15, 2029. The Offering is expected to close on or about March 1, 2021, subject to the satisfaction of various custo
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Skyharbour’s Partner Company Azincourt Energy Reports Drill Mobilization at The East Preston .
Skyharbour Resources LtdFebruary 19, 2021 GMT
VANCOUVER, British Columbia, Feb. 19, 2021 (GLOBE NEWSWIRE) Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy Corp. (“Azincourt”) is pleased to report both drill rig and crew have been mobilized on site to begin the 2021 winter exploration program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.
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The 2021 exploration program will be a minimum 10-12 hole, 2000 to 2500 meter diamond drill campaign. Drilling is anticipated to begin this weekend.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Aya Gold & Silver Signs Binding Agreement to Acquire Algold Resources
Aya Gold & Silver Inc.February 19, 2021 GMT
Mont-Royal, Feb. 19, 2021 (GLOBE NEWSWIRE) Montreal, Quebec, February 19, 2021 - Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to announce that, in the context of the Proposal made by Algold Resources Ltd. (“Algold”), it has entered into a binding term sheet (the “Investment Agreement”) with Algold pursuant to which Aya would fund Algold’s Proposal to its creditors (“the Proposal”) and at closing, would become the sole shareholder of Algold (the “Transaction”).
Press release content from Business Wire. The AP news staff was not involved in its creation.
Gatos Silver Provides Update on Temporary Power Restriction at Cerro Los Gatos
February 19, 2021 GMT
DENVER (BUSINESS WIRE) Feb 19, 2021
Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) reports that power from Mexico’s national power grid has been restricted due to the recent severe winter storms in Texas. Northern Mexico is highly dependent upon natural gas from Texas to generate power. Freezing temperatures in Texas compounded by increased energy demands for heating have resulted in U.S. natural gas producers curtailing delivery to Mexico. Accordingly, Cerro Los Gatos’ (“CLG”) power allocation from Mexico’s electric power grid has been temporarily restricted.