U.S. Silver & Gold today reported year-end financial and operational results for 2013. This earnings release should be read in conjunction with the Company's MD&A, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on SEDAR and are also available on the Company's website. All figures are in [...]
U.S. Silver & Gold is pleased to announce that it has closed its previously announced private placement. The Company issued 7,874,717 units and 3,448,280 subscription receipts at a price of CDN$0.58 per Unit and CDN$0.58 per Subscription Receipt for gross proceeds of approximately CDN$6.57 million in the brokered portion of the financing, and an [...]
U.S. Silver & Gold announced today that it intends to raise up to CDN$6.7 million pursuant to a private placement offering of units and subscription receipts, in a proportion to be determined, at a price of CDN $0.58 per Unit or Subscription Receipt, as the case may be. The Company anticipates that each Unit would consist of one common share and [...]
U.S. Silver & Gold today announced fourth quarter and 2013 full year production figures for its Galena Mine Complex and guidance for 2014. Highlights Production of approximately 450,000 silver ounces and 543,000 silver equivalent1 ounces for the fourth quarter of 2013 at a silver cash cost of $16.25 per ounce and an all-in sustaining cost per [...]
U.S. Silver & Gold has come to an agreement with the Mine Safety and Health Administration to modify a previously issued order, and will re-open its Galena Mine Shaft #3 which is used for hoisting ore. The Mine will begin to recall employees who were impacted by the closure tomorrow (December 19, 2013). The original MSHA order was given during a [...]
U.S. Silver & Gold received an order from the Mine Safety and Health Administration that required the Company to temporarily shut down its Galena Mine Shaft #3 pending resolution of four previously existing citations that did not relate to any employee injury or allege imminent danger in the mine. Some employees were temporarily sent home while a [...]
U.S. Silver & Gold received an order from the Mine Safety and Health Administration that required the Company to temporarily shut down its Galena Mine Shaft #3 pending resolution of four previously existing citations that did not relate to any employee injury or allege imminent danger in the mine. Some employees were temporarily sent home while a [...]
U.S. Silver & Gold today reported financial and operational results for the third quarter ending September 30, 2013. This earnings release should be read in conjunction with the Company's MD&A, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on SEDAR and are also available on the Company's [...]
U.S. Silver & Gold will release its 2013 third quarter financial results following the close of markets on Wednesday November 13th, 2013. Senior management will host a conference call on Wednesday November 13th, 2013 at 4:30 p.m. EST to review the financial results of the quarter. All interested parties are invited to participate by dialing [...]
U.S. Silver & Gold today announced production figures for its Galena Mine Complex in Idaho. Highlights Production for the quarter of 529,860 silver equivalent ounces1 including 464,850 silver ounces which represents a 15% decrease in silver production compared with Q3, 2012, and production of 1.67 million ounces for the first 9 months of 2013, an [...]
U.S. Silver & Gold is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of approximately CDN $5.78M consisting of 9,636,331 units at a price of CDN $0.60 per Unit. "This Private Placement was led by a well-respected strategic investor who has confidence in management's ability to [...]
U.S. Silver & Gold is pleased to announce that it now has an over-subscribed book in respect of its previously announced non-brokered private placement for proceeds of approximately CDN $5.77. "This Private Placement was led by a well-respected strategic investor who has confidence in management's ability to continue to manage costs and understands [...]
