Junior roundup: Tinka, Eldorado, Calibre, Rock Tech Lithium
Tinka Resources announced a bought deal offering and private placement financing aimed at raising up to Cdn$14.1mn (US$10.9mn).
A syndicate of underwriters led by GMP Securities will purchase 14.6mn units of the company for Cdn$7.01mn, with an over-allotment option to purchase up to 2.19mn units for a further Cdn$1.05mn.
The non-brokered private placement of up to 12.5mn units is expected to raise up to Cdn$6.0mn of gross proceeds.
Net proceeds from the deals will fund exploration at Tinka's Ayawilca polymetallic project in Peru and general corporate and working capital purposes.
***
Eldorado Gold announced changes to its senior management team, including the departure of CFO Fabiana Chubbs at end-April and the appointment of Timothy Garvin as executive vice president and general counsel.
The company has the Vila Nova iron ore mine and Tocantinzinho gold project in Brazil, as well as mines in Canada and Europe.
***
Calibre Mining will apply to the TSX Venture Exchange to extend the expiry date of 26.6mn common share purchase warrants by a year to April 21, 2019.
Calibre has mineral concessions in Nicaragua including the Primavera gold-copper and Santa Maria gold projects.
***
Rock Tech Lithium plans to proceed with a previously announced acquisition of the Nogalito lithium project in Mexico, after announcing completion of due diligence.
Rock Tech will make payments totaling US$130,000 over three years, spend US$500,000 on exploration and issue 250,000 shares to the vendor.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Mining & Metals (Nicaragua)
Nicaragua’s gold exports surge
Gold shipments rise in January-February on higher volumes as miners forecast production growth for 2022 in a strong price environment.
Spotlight: CentAm mining exploration hotspots
Companies plan drill programs totaling more than 200,000m at gold projects in Nicaragua and Panama.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Mining & Metals
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Traspaso Andina
- Current stage:
- Updated:
2 days ago
- Project: Rajo Inca
- Current stage:
- Updated:
3 days ago
- Project: Matupá (ex Guarantã)
- Current stage:
- Updated:
3 days ago
- Project: Borborema
- Current stage:
- Updated:
3 days ago
- Project: Becker
- Current stage:
- Updated:
3 days ago
- Project: Leaching Gravel Management Update - Spence
- Current stage:
- Updated:
3 days ago
- Project: San Gregorio
- Current stage:
- Updated:
3 days ago
- Project: El Quevar
- Current stage:
- Updated:
3 days ago
- Project: Yauricocha Expansion
- Current stage:
- Updated:
3 days ago
- Project: Llurimagua
- Current stage:
- Updated:
4 days ago
Other companies in: Mining & Metals
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Corporación Nacional del Cobre de Chile  (CODELCO)
-
Chile's state-controlled miner Corporación Nacional del Cobre (Codelco), considered the world's largest copper and molybdenum producer, is engaged in the exploration, processing...
- Company: Strabag SpA / Züblin International GmbH Chile Spa  (Strabag / Züblin Chile)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Kina Mining Perú SAC
- Company: Rio Tinto Mining and Exploration S.A.C.  (Rio Tinto Perú)
-
Rio Tinto Mining and Exploration S.A.C., a subsidiary of multinational Rio Tinto plc, owns the La Granja porphyry copper project in the district of Querocoto in Peru's Cajamarca...
- Company: NETZSCH do Brasil Indústria e Comércio LTDA.  (NETZSCH do Brasil)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Empresa Construtora Brasil S.A.  (ECB)
-
Empresa Construtora Brasil S.A. (ECB) works on engineering and construction of projects on road, railway, urban, industrial, port and airport, civil and mining infrastructure, n...
- Company: TSK Bolivia
- Company: Minera Gold Fields Salares Norte Ltda.  (Minera Gold Fields Salares Norte)
-
Gold Fields Limited is a globally diversified producer of gold. It has eight operating mines, in Australia, Ghana, Peru and South Africa, whose combined annual attributable gold...