Sierra MadreGold and SilverLtd. is pleased to announce that it has closed the second tranche of its previously announced "best efforts" brokered private placement financing in connection with the Company's acquisition of the La Guitarra silver-gold mine from First Majestic Silver Corp. The Private Placement was led by Beacon Securities Limited and [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that, pursuant to the share purchase agreement dated May 25, 2022, as amended and restated on October 28, 2022 , among the Company, First Majestic Silver Corp. and Corporacion First Majestic, S.A. de C.V. , the Company has completed its previously announced acquisition of La Guitarra Compania [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has received approval for the acquisition of the La Guitarra Silver-Gold Mine from Mexico's antitrust agency, the Comisión Federal de Competencia Económica. With the receipt of this approval, closing of the Acquisition is expected to take place on March 30th, 2023, followed by trade [...]
Sierra Madre Gold and Silver Ltd. is pleased to provide an update on its proposed acquisition of the La Guitarra Silver-Gold Mine . On May 25, 2022, Sierra Madre entered an arm´s length definitive agreement with First Majestic Silver Corp. to acquire a 100% interest in the 39,714-hectare La Guitarra Silver-Gold property in the Temascaltepec mining [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce the results of its special meeting of shareholders held on December 9, 2022 . A total of 22,841,508 common shares were represented at the Meeting, representing 35.62% of the issued and outstanding common shares of the Company on the record date. The shareholders voted in favour of the [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that, further to the Company's news release dated May 25, 2022 , the Company has entered into an amended and restated share purchase agreement dated October 28, 2022 with First Majestic Silver Corp. in respect of its previously-announced acquisition of a 100% interest in the 39,714-hectare La [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has closed the first tranche of its previously announced "best efforts" brokered private placement financing pursuant to an agency agreement dated September 8, 2022 with Beacon Securities Limited and Canaccord Genuity Corp. on behalf of a syndicate of agents including Haywood [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has amended the terms of its previously disclosed "best efforts" brokered private placement . The Company now anticipates that the Offering shall be comprised of up to 9,385,000 subscription receipts of the Company at a price of $0.65 per Subscription Receipt and 6,000,000 common [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce the appointment of Mr. Kenneth Scott to the role of Chief Financial Officer , effective immediately. Mr. Scott brings over 33 years of public company auditing experience to the Company. Mr. Scott retired as a partner of PricewaterhouseCoopers in Vancouver in 2018, where his engagements as [...]
Sierra Madre Gold and Silver Ltd. is pleased to to report that all matters were approved at the Company's annual general shareholders meeting held on June 30, 2022. At the Meeting the Company's shareholders re-elected all of the Company's current board of directors, Alexander Langer, Greg Smith, Alejandro Caraveo-Vallina, Jorge Ramiro Monroy and [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has entered into an agreement with Beacon Securities Limited and Canaccord Genuity Corp. on behalf of a syndicate of agents , in connection with a "best efforts" private placement of up to 15,385,000 subscription receipts of the Company at a price of $0.65 per Subscription Receipt for [...]
Sierra Madre Gold and Silver Ltd. is pleased to announce that it has signed an arm's length definitive agreement dated May 25, 2022 with First Majestic Silver Corp. to acquire a 100% interest in the 39,714-hectare La Guitarra Silver-Gold Property in the Temascaltepec mining district, Mexico . Highlights: La Guitarra is a high-grade, past-producing [...]