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Gatos Silver Provides Update on Temporary Power Restriction at Cerro Los Gatos

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. ....

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Capstone Announces Closing of $150 Million Silver Stream Agreement with Wheaton Precious Metals; Achieves Net Cash Position

Press release content from Business Wire. The AP news staff was not involved in its creation.
Capstone Announces Closing of $150 Million Silver Stream Agreement with Wheaton Precious Metals; Achieves Net Cash Position
February 19, 2021 GMT
VANCOUVER, British Columbia (BUSINESS WIRE) Feb 19, 2021
Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) is pleased to announce that it has closed the previously announced Precious Metals Purchase Agreement (the “Stream Agreement”) with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. (collectively, “Wheaton”). All conditions to complete the Stream Agreement have been fulfilled and Capstone has received $150 million from Wheaton for 50% of the silver production until 10 million ounces have been delivered, thereafter dropping to 33% of silver production, for the life of mine from the Company’s Cozamin Mine in Zacatecas, Mexico (“Cozamin”). Wh ....

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Dynacor Provides 2021 Financial and Capital Expenditure Guidance, Forecasting US$150.0 Million ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Dynacor Provides 2021 Financial and Capital Expenditure Guidance, Forecasting US$150.0 Million .
Dynacor Gold Mines Inc.February 18, 2021 GMT
MONTREAL, Feb. 18, 2021 (GLOBE NEWSWIRE) Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), provides the 2021 financial and capital expenditure guidance.
2021 Financial Forecast:
Net income of US$6.9 million (US$ 0.18 EPS), (C$8.8 million) (C$0.23 EPS);
Cash flow from operating activities of US$10.4 million (US$0.27 CFPS), (C$13.2 million) (C$0.34 CFPS);
Capital budget of US$6.3 million (C$8.0 million)
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NBS Capital Inc. Completes Subscription Receipt Financing for Aggregate Proceeds of $5 Million

Press release content from Accesswire. The AP news staff was not involved in its creation.
NBS Capital Inc. Completes Subscription Receipt Financing for Aggregate Proceeds of $5 Million
February 18, 2021 GMT
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRES
OTTAWA, ON / ACCESSWIRE / February 18, 2021 / NBS Capital Inc. (“NBS” or the “Company”) (TSXV:NBS.P) announces further to its press release of January 4, 2021, that in connection with its proposed scheme of arrangement (the “Arrangement”) with Electric Metals (USA) Limited (“EML”), EML and NBS have completed the non-brokered private placements (the “Financing”) of subscription receipts (the “Subscription Receipts”) in multiple tranches for aggregate gross proceeds of Cdn$5,049,635.13, at a price of Cdn$0.33 per Subscription Receipt. Pursuant to the fully subscribed Financing, EML issued a total of 13,308,407 Subscription Receipts for proceeds of Cdn$4,391,774.85, and N ....

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Updated PEA to be Prepared for Unkur Copper-Silver Deposit and Private Placement

Press release content from Accesswire. The AP news staff was not involved in its creation.
Updated PEA to be Prepared for Unkur Copper-Silver Deposit and Private Placement
February 16, 2021 GMT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / February 16, 2021 / AZARGA METALS CORP. (“Azarga Metals” or the “Company”) (TSXV:AZR) is pleased to announce that Wardell Armstrong International (“WAI”) has been awarded a contract to complete an updated Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Unkur Copper-Silver Project in Eastern Russia.
Michael Hopley, President and CEO said: “We are enthusiastic about Wardell Armstrong’s involvement in the Unkur project because of their wide international experience and their knowledge of and recent experience with these types of copper-silver deposits in this part of Russia.” ....

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