Bear Creek Mining Corp. announces it produced 9,199 ounces of gold and 39,841 ounces of silver from the Mercedes Mine during the three months ended June 30, 2023 . Eric Caba, President and CEO of Bear Creek, states, "As previously reported, delays in development work experienced during the first quarter of 2023 impacted Mercedes' operations during [...]
Bear Creek Mining Corp. is pleased to announce that it plans to conduct a non-brokered private placement of 16,725,000 common shares of Bear Creek at a price of C$0.49 per Share to raise gross proceeds of approximately C$8.2 million . The net proceeds of the Offering will be used for exploration and production improvements at the Mercedes gold mine [...]
Bear Creek Mining Corp. is pleased to announce that it has executed documentation with Equinox Gold Corp. to defer a US$26 million current liability by issuing a five year convertible promissory note . Payment of the Note will satisfy the final purchase price installment for the Mercedes Gold Mine in Sonora, Mexico . Eric Caba, President and CEO of [...]
Bear Creek Mining Corp. announces that its Board of Directors authorized and approved, and today granted, 450,000 incentive stock options to Mr. Eric Caba pursuant to the Company's incentive stock option plan . Mr. Caba was promoted to the position of President and Chief Executive Officer on June 5, 2023. The Stock Options will vest periodically in [...]
Bear Creek Mining Corp. is pleased to announce the results of the Company's Annual General Meeting that took place in Vancouver, BC on June 5, 2023. Shareholders voted in favour of all matters of business described in the Company's Information Circular dated April 17, 2023 and put before the meeting, including the election of Eric Caba and the [...]
Bear Creek Mining Corp. reports its interim consolidated financial results for the three months ended March 31, 2023 . Monetary amounts in this news release are in United States dollars unless otherwise stated. This news release should be read in conjunction with the Company's interim consolidated financial statements and management discussion and [...]
Bear Creek Mining Corp. is pleased to announce that it has executed a non-binding indicative term sheet with a wholly-owned subsidiary of Equinox Gold Corp. to refinance US$25.8 million in near-term payment obligations into a convertible debenture with a five-year term to maturity . The Convertible Debenture will be used to extend, over a five-year [...]
Bear Creek Mining Corp. announces that Sandstorm Gold Ltd. has advanced Bear Creek an additional US$5 million pursuant to an amendment to the gold purchase agreement between the two parties originally dated December 17, 2022 . Proceeds from the additional stream advance will be used to accelerate access to certain higher-grade areas of the Mercedes [...]
Bear Creek Mining Corp. announces that Mr. Anthony Hawkshaw informed the Company's board of directors of his intent to retire from the position of Chief Executive Officer of the Company effective June 5, 2023. Subsequently the Board, through its succession planning process, selected Mr. Eric Caba, President and Chief Operating Officer of Bear Creek [...]
Bear Creek Mining Corp. reports its annual consolidated financial results for the year ended December 31, 2022 . Monetary amounts in this news release are in United States dollars unless otherwise stated. The Company will host a conference call at 12:00 pm Eastern time today. The call-in details are below. From April 21, 2022, the date the Company [...]
Bear Creek Mining Corp. announces it produced 12,025 ounces of gold and 40,105 ounces of silver from the Mercedes Mine during the three months ended March 31, 2023 . Gold production during Q1 2023 was at roughly the midpoint of guidance provided by the Company in its news release dated February 24, 2023 . Eric Caba, President and COO of Bear Creek [...]
Bear Creek Mining Corp. is pleased to announce that, further to its news release dated October 26, 2022, it has revised the terms of the heads of agreement with Equinox Gold Corp. to amortize over a two-year period payment of the final US$25 million purchase price installment for the Mercedes Gold Mine in Sonora, Mexico. Pursuant to the agreement [...]