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Honey Badger Silver Announces Closing of Non-Brokered Flow-Through Private Placement Financing
Newsfile· 2025-10-08 21:46
Core Points - Honey Badger Silver Inc. has successfully closed a non-brokered private placement of flow-through common shares, raising gross proceeds of $1,500,000 through the issuance of 4,838,710 common shares at a price of $0.31 per share [1][2] - The proceeds from the offering will be utilized for exploration expenses that qualify as "Canadian exploration expenses" and "flow-through critical mineral mining expenditures," to be incurred by December 31, 2026, with renouncement to subscribers by December 31, 2025 [2][4] - The company paid $90,000 in finder's fees and issued 290,322 non-transferable finder warrants, allowing holders to acquire common shares at $0.35 each for 18 months [3][4] Company Overview - Honey Badger Silver is a silver mining company with a leadership team experienced in value creation and a skilled technical team [5] - The company’s projects include the Sunrise Lake project with a historic resource of 12.8 million ounces (Moz) of silver and 201.3 million pounds of zinc, and the Clear Lake Project with a historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc [5][6] - The company also holds significant land at the Nanisivik Mine Area, which produced over 20 Moz of silver from 1976 to 2002 [5][6]
Aya Gold & Silver (OTCPK:AYAS.F) 2025 Conference Transcript
2025-10-08 16:22
Summary of Conference Call Company Overview - **Company Name**: Aya Gold & Silver - **Industry**: Mining, specifically silver and gold production - **Location**: Morocco Key Points and Arguments - **Unique Silver Production**: Aya Gold & Silver operates one of the rare pure silver mines in Morocco, achieving recovery rates of 92% to 94%, significantly higher than the industry average of 65% to 70% [2][3] - **Growth Strategy**: The company plans to add gold production in the coming years, with a goal to quadruple revenue by 2029 through the addition of a second mine [3][7] - **Drilling Program**: Aya conducts one of the largest drilling programs in the sector, with plans to drill 300,000 meters annually, which is expected to increase the ounces of silver in the ground [3][7] - **Financial Health**: The company has a clean balance sheet with no lawsuits, $140 million in cash, and low all-in costs below $20 per ounce of silver [5][6] - **Green Mining Practices**: The mine operates on solar and wind energy, recovering 88% of water used, qualifying it for green financing at favorable rates [6][17] - **Production Capacity**: Currently producing 100,000 ounces of silver weekly, with a projected annual production of 5 million ounces, expected to rise to 6 million ounces next year [11][12][17] - **Cost Efficiency**: The cost of construction in Morocco is significantly lower, with the first mine built for $140 million compared to $400-$500 million in North America [27] Regulatory Environment - **Permitting Process**: The permitting process in Morocco is efficient, with mining permits renewable every 10 years, and the company has a strong relationship with local authorities [8][30][35] - **Government Support**: The Moroccan government is supportive of mining projects that create jobs, with Aya employing 1,500 people and only 1% expats [34][35] Exploration and Future Prospects - **Exploration Areas**: Aya holds significant land in the Zgounder and Boumadine districts, with ongoing exploration efforts utilizing advanced technologies like AI for geological analysis [18][20][22] - **Boumadine Project**: The Boumadine deposit is noted as the largest identified over the last 2,000 years, with significant silver and gold potential [22][23] - **Upcoming Updates**: A Preliminary Assessment (PA) based on 450 million ounces of silver is expected to be released soon, indicating strong future growth potential [23] Additional Insights - **Market Position**: Aya is positioned as the number one mining company in Morocco, with a focus on sustainable and efficient mining practices [10] - **Community Engagement**: The company emphasizes local employment and community development, which enhances its reputation and operational stability [34][35] This summary encapsulates the key aspects of Aya Gold & Silver's operations, financial health, regulatory environment, and future growth prospects as discussed in the conference call.
Aya Gold & Silver (OTCPK:AYAS.F) 2025 Earnings Call Presentation
2025-10-08 15:20
Unlocking silver growth in Morocco INVESTOR PRESENTATION OCTOBER 2025 TSX: AYA | OTCQX: AYASF Forward-Looking Statements The Zgounder Expansion Feasibility Study ("FS") is based on a technical report entitled "NI43-101 TECHNICAL REPORT – FEASIBILITY STUDY ZGOUNDER EXPANSION PROJECT", originally dated March 31, 2022, and amended on June 16, 2022 with an effective date of December 13, 2021 (the "Zgounder Report") which was prepared under the supervision of Daniel M. Gagnon, DRA, with the participation of Will ...
Early Warning News Release
Newsfile· 2025-10-07 23:21
Core Viewpoint - First Majestic Silver Corp. has disposed of 37,600,000 common shares of Silver Storm Mining Ltd. for gross proceeds of CAD$8,715,680, reducing its ownership stake in Silver Storm [1][2]. Group 1: Share Sale Details - The sale price for each share was CAD$0.2318, resulting in total gross proceeds of CAD$8,715,680 [1]. - Prior to the sale, First Majestic held 178,349,350 shares of Silver Storm, representing approximately 24.16% of the issued shares on a non-diluted basis [2]. - After the sale, First Majestic now holds 140,749,350 shares, which is approximately 19.07% of the issued shares on a non-diluted basis [2]. Group 2: Ownership and Future Intentions - First Majestic also holds 25,671,166 common share purchase warrants of Silver Storm, which remain unchanged post-sale [2]. - The company has stated that all securities of Silver Storm are held for investment purposes and has no current intention to increase or decrease its ownership [3]. - Future adjustments to First Majestic's position in Silver Storm will depend on market conditions and other factors [3]. Group 3: Regulatory Compliance - The news release is issued in accordance with National Instrument 62-103, and an early warning report regarding the sale will be filed on SEDAR+ [5]. - The report will be available under Silver Storm's issuer profile in compliance with applicable securities laws [5].
Cartier Silver Announces Closing of $1.2 Million Financing
Globenewswire· 2025-10-07 23:08
Core Points - Cartier Silver Corporation has successfully closed a non-brokered private placement, issuing a total of 9,600,000 units at a price of C$0.125 per unit, raising total proceeds of C$1,200,000 [1][2] - Each unit consists of one common share and one half of a common share purchase warrant, with each full warrant allowing the purchase of an additional common share at C$0.20 for 36 months [1] - The company will use the net proceeds from the private placement to finance exploration at the Chorrillos Project in Bolivia and for working capital [2] Financial Details - Finder's fees of 7% were paid, totaling $42,000, which were compensated by issuing 336,000 units at a deemed price of $0.125 per unit [2] - All securities issued are subject to a statutory four-month hold period [3] Company Overview - Cartier Silver is focused on exploring and developing silver property assets, including the Chorrillos Project in Bolivia, and also holds significant iron ore resources and a gold property in Canada [5]
Hecla Mining Company (NYSE:HL) 2025 Conference Transcript
2025-10-07 19:47
Hecla Mining Company Conference Call Summary Company Overview - Hecla Mining Company (NYSE:HL) has a long history of 134 years, primarily focused on silver mining in North America, specifically the U.S. and Canada [2][3] - The company is undergoing a generational change in management, with new leadership including CEO Rob Krcmarov, who has extensive experience in mining and finance [3][4] Key Assets - Hecla operates four producing mines: - **Greens Creek**: Located in Alaska, it is the flagship asset, producing silver, gold, lead, zinc, and some copper [3][4] - **Lucky Friday**: Situated in Idaho, it has been producing for about 80 years with a reserve life of nearly 17 years [4][18] - **Keno Hill**: A newer silver-focused mine in the Yukon, with a high grade of 950 grams per ton silver equivalent and a 16-year reserve life [21][22] - **Casa Berardi**: A gold mine in Quebec, combining open-pit and underground operations, generating significant free cash flow [26][27] Financial Performance - In Q2 2024, Hecla produced 13.4 million ounces of silver, making it the largest silver producer in the U.S. and Canada [9] - The average all-in sustaining cost (AISC) for silver production was approximately $13.06, significantly below the peer average [11] - The company reported $69 million in free cash flow from Greens Creek in Q2, contributing to over $100 million in the first half of the year [16] - Hecla's debt was reduced to $268 million by the end of Q2, with plans for further repayment using free cash flow [32][71] Strategic Focus - The management is focused on improving capital allocation and enhancing resource value, aiming to close the valuation gap compared to peers [8][9] - Hecla is committed to maintaining a strong focus on silver, with approximately 40% of Q2 revenue derived from silver sales [6][32] - The company is exploring opportunities in Nevada, with plans for increased exploration spending in the coming year [30][41] Market Outlook - There is a structural deficit in the silver supply, expected to support robust silver prices in the coming years [35] - The management is optimistic about the potential for higher silver prices, which could further enhance cash flow and support debt repayment [61][62] ESG and Safety Initiatives - Hecla emphasizes safety with a program called Safety 365, aiming to improve safety culture across its operations [12][13] - The company is also involved in reclamation work funded by the Canadian government, strengthening relationships with local communities and First Nations [24][50] Additional Insights - The management believes that the Keno Hill mine has significant potential, despite challenges in ramping up production [21][46] - Hecla is not currently pursuing major M&A but is open to low-cost acquisitions that can add value without diluting shareholder equity [69][70] Conclusion - Hecla Mining Company is positioned for growth with a strong focus on silver production, effective debt management, and strategic exploration initiatives. The new management team is committed to enhancing shareholder value through improved capital allocation and operational efficiency.
Pan American Silver (NYSE:PAAS) 2025 Conference Transcript
2025-10-07 18:32
Summary of Pan American Silver Conference Call Company Overview - **Company**: Pan American Silver (NYSE: PAAS) - **Date of Conference**: October 07, 2025 - **Key Executives Present**: Ignacio Couturier (CFO), Siren Fisekci (VP of Investor Relations and Corporate Communications) Industry Context - **Metal Prices**: Current prices are around $50 for silver and $4,000 for gold, marking unprecedented levels in the market [2][3] - **Production**: Combined production from all operations is approximately 20 to 21 million ounces of silver and 735,000 to 800,000 ounces of gold, positioning Pan American as one of the largest primary silver producers globally [4][10] Key Developments - **MAG Silver Transaction**: Recently completed acquisition of 44% of Juanicipio, which is expected to significantly enhance production and cash flow [5][10][15] - **Exploration Potential**: Discovery of high-grade veins at the Skarn project, with an inferred resource of around 50 million ounces of silver, which will be developed ahead of the main Skarn body [27][28][66] - **Escobal Mine**: Currently in care and maintenance since 2017, with ongoing discussions with the Guatemalan government regarding its potential restart [35][36][38] Financial Performance - **Cash Flow**: The company has enjoyed strong operating cash flows due to high metal prices, with total available liquidity around $1.5 billion as of June 30, 2025 [22][23] - **Dividends and Share Buybacks**: A dividend increase to $0.12 per share was announced in Q2 2025, with over $1.1 billion returned to shareholders since 2010 [24][26] Strategic Focus - **Portfolio Optimization**: The company has streamlined its portfolio, monetizing about $1 billion through divestitures, while retaining royalties on some assets [7][18] - **Future Growth**: Plans to continue acquiring assets and optimizing the existing portfolio, with a focus on exploration and development [19][45] Market Outlook - **Silver Demand**: The silver market has been in deficit for five consecutive years, with demand driven by industrial applications, particularly photovoltaics [40][41] - **Investment Potential**: Pan American Silver is positioned as a strong vehicle for investors seeking exposure to silver, with a robust balance sheet and significant reserves [20][39] Environmental, Social, and Governance (ESG) - **Commitment to ESG**: The company emphasizes its commitment to sustainability and maintaining good relationships with local communities, which is crucial for operations in Latin America [43][44] Conclusion - **Investment Opportunity**: Pan American Silver presents a compelling investment opportunity with its recent acquisitions, strong cash flow, and strategic focus on growth and exploration in the silver market [45][46]
Bayhorse Silver Mobilizes for IP Geophysical Surveys of the Pegasus Porphyry Copper/Silver Prospect and the Bayhorse Silver Mine
Newsfile· 2025-10-07 11:52
Bayhorse Silver Mobilizes for IP Geophysical Surveys of the Pegasus Porphyry Copper/Silver Prospect and the Bayhorse Silver MineOctober 07, 2025 7:52 AM EDT | Source: Bayhorse Silver Inc.Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") has begun mobilization to its Pegasus Porphyry Copper/Silver prospect and its silver-copper-antimony rich Bayhorse Silver Mine in Oregon, USA for an IP sur ...
CORRECTION FROM SOURCE: Pantera Silver Announces Non-Brokered Private Placement for $3.5 Million CAD
Newsfile· 2025-10-06 21:27
CORRECTION FROM SOURCE: Pantera Silver Announces Non-Brokered Private Placement for $3.5 Million CADOctober 06, 2025 5:27 PM EDT | Source: Pantera Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Pantera Silver Corp. (TSXV: PNTR) ("Pantera" or the "Company") announces a non-brokered private placement of up to 7,000,000 Units at a price of $0.50 per unit ("Unit") for gross proceeds of up to $3,500,000.00 (the "Private Placement"). Each Unit will consist of one Commo ...
Silver beats Gold, says Amply ETFs CEO
Youtube· 2025-10-06 19:48
Core Viewpoint - The current market conditions are volatile, particularly in October, but there is optimism for a positive Q4 based on historical trends [2][3]. Group 1: Market Trends - Historically, Q4 has been positive 80% of the time since 1950, with an average return of 4%, which is more than double the returns of other quarters [2][3]. - October is noted as a historically volatile month, but there are opportunities anticipated for the remainder of the quarter [2][3]. Group 2: Investment Opportunities - Silver, particularly junior silver mining companies, is highlighted as a better investment compared to gold, which is nearing all-time highs [3][4]. - Silver has increased approximately 62% this year, while junior silver miners have surged by about 130% [4]. - The industrial applications of silver, including its use in AI chips, batteries, solar panels, and data centers, contribute to its value beyond being a store of value [4].