Mako Mining is pleased to report that the Ministry of Environmental and Natural Resources has amended the environmental permit granted to the Company in 2017 to allow for the processing of up to 1,000 tonnes per day at the San Albino gold project in Nueva Segovia. The amendment is initially effective for a period of five years and can be renewed [...]
Mako Mining Corp. is pleased to report results from a reconnaissance exploration program on its recently acquired Potrerillos exploration and exploitation concession . The Potrerillos Concession comprises 12 square kilometers of sub surface mineral rights and is contiguous to and along strike from Mako's San Albino gold project in Nueva Segovia. As [...]
Mako Mining Corp. is pleased to report positive results from definition drilling around the West Pit area at its wholly owned San Albino gold project located in Nueva Segovia, Nicaragua. The objectives of the definition drilling at San Albino were to delineate the geometry of the mineral resources amenable to open pit mining and to provide [...]
Mako Mining is pleased to announce that it has granted an aggregate of 1,300,000 stock options to its non-executive directors, each exercisable to acquire one common share of Mako at an exercise price of $0.51 until July 21, 2025. The stock options vest as to 25% on the date of grant, and as to 25% on each of the first, second and third [...]
Mako Mining Corp. is pleased to report positive results from definition drilling around the West Pit area at its wholly owned San Albino gold project located in Nueva Segovia, Nicaragua. The objectives of the definition drilling at San Albino were to delineate the geometry of the mineral resources amenable to open pit mining and to provide [...]
Mako Mining Corp. is pleased to announce that it has closed the private placement initially announced on June 26, 2020 for total gross proceeds of $28.4 million . The Offering consisted of a bought deal private placement of an aggregate of 30,000,000 units of the Company at an issue price per Unit of $0.40 for total gross proceeds of $12.0 million [...]
OTC Markets Group Inc. , operator of financial markets for over 10,000 U.S. and global securities, today announced Mako Mining Corp. , a gold mining, development and exploration firm, has qualified to trade on the OTCQX® Best Market. Mako Mining Corp. upgraded to OTCQX from the OTCQB® Venture Market. Mako Mining Corp. begins trading today on OTCQX [...]
Mako Mining Corp. is pleased to announce that Wexford Capital LP has elected to exercise its participation right, pursuant to the investor rights agreement between the Company and Wexford dated November 9, 2018, in connection with the Company's previously announced C$28.4 million private placement offering. Wexford Spectrum Trading Limited and [...]
Mako Mining Corp. today announces that it is relying on the temporary blanket relief provided by the Canadian Securities Administrators, pursuant to BC Instrument 51-516 - Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials, to postpone the filing of its executive compensation disclosure until such time as such [...]
Mako Mining Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Stifel GMP in connection with a "bought deal" private placement financing of an aggregate 30,000,000 units of the Company at any issue price per Unit of $0.40. The Company also announces that a large shareholder of the Company has [...]
Mako Mining Corp. is pleased to report positive drill results from the Bayacun Zone within the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The Las Conchitas area is located approximately 2.5 kilometers south of the fully permitted San Albino gold project currently under construction. The [...]
Mako Mining Corp. is pleased to report positive drill results from the Bayacun Zone within the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The Las Conchitas area is located approximately 2.5 km south of the fully permitted San Albino gold project currently under construction. The goal of the [...]