SilverCrest enters into credit agreement for Las Chispas construction funding

Mining News Pro - Canadian precious metals exploration company SilverCrest Metals` Canadian subsidiary has entered into a credit agreement with an affiliate of mining financier RK Mine Finance to provide a secured project financing facility to the value of $120-million to fund the construction of its Las Chispas silver and gold project in Mexico.

SilverCrest shares jump on high-grade discovery

Mining News Pro - SilverCrest on Thursday announced the discovery of the El Muerto zone, in the north-west part of the Babicanora vein at its Las Chispas property, in Sonora, sending its shares up 15%.

SilverCrest to spend $60m on drilling at Las Chispas

Mining News Pro - SilverCrest Metals plans to spend $60 million on drilling through the end of 2022 at its Las Chispas silver-gold project in Sonora, Mexico.

SilverCrest buys asset by its Las Chispas project

Mining News Pro - Canada’s SilverCrest Metals announced on Thursday the acquisition of El Picacho gold-silver property in Sonora, Mexico, from local American Metal Mining and an affiliate for $1.6 million.

SilverCrest updates drilling at Las Chipas

Mining News Pro - SilverCrest Metals announced on Wednesday that it has completed 97,700 metres of in-fill and expansion drilling at Las Chipas gold-silver project in Sonora, Mexico.

SSR Mining sells SilverCrest shares for C$90m

Mining News Pro - Canada-based precious metals producer SSR Mining has completed the on-market transaction to sell nine-million shares of fellow SilverCrest Metals for C$90-million.

SilverCrest to resume Las Chispas operations

Mining News Pro - SilverCrest Metals announced on Tuesday that it will resume exploration and development work at its Las Chispas gold-silver project in Sonora, Mexico, by mid-May following a temporary suspension due to national covid-19 containment protocols.

SilverCrest unveils $75M non-brokered private placement

Mining News Pro - Less than a month after National Bank Financial said it was terminating a $75 million bought-deal financing deal with SilverCrest Metals due to the COVID-19 pandemic, the mining company says it will raise the same amount of money and possibly more through a non-brokered private placement.

SilverCrest announces $54m bought deal

Mining News Pro - SilverCrest Metals announced Wednesday that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial, Eight Capital and Scotia Capital, where the underwriters have agreed to purchase on a bought deal basis 9.1 million common shares of the company at C$8.25 per share for gross proceeds of C$75 million (approximately $54 million).

SSR Mining gains C$2.1 million from SilverCrest equity right exercise

Mining News Pro - SSR Mining announced Friday it has elected to exercise its equity participation right pursuant to its agreement with SilverCrest Metals to purchase 1.82 million common shares of SilverCrest at a price of C$7.28 per share for total consideration of C$13.2 million.

SilverCrest Metals secures C$22m financing; stock at all-time high

Mining News Pro - SilverCrest Metals Inc. (TSXV: SIL) announced on Wednesday that the company has entered a bought-deal financing agreement, issuing 3.76 million common shares at C$5.85 each for aggregate gross proceeds of C$22 million.

Silvercrest finds another vein at Las Chispas

Mining News Pro - Silvercrest Metals has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora, Mexico, through recent drilling.

Silvercrest nears new resource at Las Chispas

Mining News Pro -Silvercrest Metals (TSXV: SIL; NYSE: SILV) continues cutting high grade mineralization at its Las Chispas silver property in Sonora, Mexico.

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