Silver X Mining Corp. announces that further to its press releases of October 14, 2022, October 20, 2022 and October 21, 2022, the Company is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement offering with the placement of an additional 4,906,187 units at a price of $0.22 per Unit for additional gross proceeds of 1,079,361. Each Unit consisted of [...]
Silver X Mining Corp. is pleased to announce that further to its press releases of October 14, 2022 and October 20, 2022, due to significant investor demand, the Company intends to further upsize its previously announced non-brokered private placement offering . The upsized Offering is expected to be for aggregate gross proceeds of up to $3,000,000 through the sale of up to 13,636,363 units at a price of $0.22 per Unit [...]
Silver X Mining Corp. announces that further to its press release of October 14, 2022, the Company has closed the first tranche of its previously announced non-brokered private placement offering with the placement of 8,648,254 units at a price of $0.22 per Unit for a gross proceeds of $1,902,616.06. The Company is also pleased to announce that it intends to upsize the Offering. The upsized Offering is expected to be for [...]
Silver X Mining Corp. is pleased to announce a non-brokered private placement of up to $2,000,000 consisting of 9,090,909 units at a price of $0.22 per Unit. Each Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at a price of $0.33 for a period expiring two years following the closing date of the [...]
Silver X Mining Corp. is pleased to provide a monthly operational update for September 2022. September 2022 Highlights 162,049 silver equivalent ounces* processed in September Average processing plant head grade of 18 oz/T AgEq* in September September processing plant metal calculated recoveries of 84% for silver, 80% for gold, 75% for zinc and 85% for lead Advanced 245 meters of workings at Tangana, both in drifting [...]
Silver X Mining Corp. is pleased to provide an update on recent diamond drilling and channel sampling at the Company's Nueva Recuperada project . The spatial arrangement of zinc/lead ratios across surface and underground assays, including from recently completed drill holes TN-2022-019 to 024, indicate that the exposed 1.38-kilometer section of the Tangana 1 vein has been offset by a series of cross-cutting reverse faults [...]
Silver X Mining Corp. announces the resumption of the operations at its Tangana project after concluding the incident review. All the project safety protocols have been validated before the restart of the operations. About Silver X Silver X is a Canadian silver mining company with assets in Peru. The Company's flagship asset is the Tangana silver, gold, lead, zinc and copper project located in Huancavelica, Peru. Founders [...]
Silver X Mining Corp. announces that today at approximately 6:00 am Central time a fatality occurred at its Tangana mining project, located in Huancavelica, Peru. The incident occurred when a worker of contractor Minera Tangana SAC was fatally injured. The cause of the incident is under investigation with initial information indicating that potentially a rock fall was involved. No other personnel were injured. The on-site [...]
Silver X Mining Corp. is pleased to announce results of voting at its annual general meeting of shareholders which was held on September 15, 2022 . All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated August 9, 2022, were approved by the majority of votes cast at the Meeting. As a result, 1.- Number of directors Shareholders approved the [...]
Silver X Mining Corp. is pleased to provide a monthly operational update for August 2022. August 2022 Highlights 195,038 silver equivalent ounces* processed in August, a 57% increase from July 2022. Average processing plant head grade of 18.29 oz/t AgEq* in August August processing plant metal calculated recoveries of 87% for silver, 80% for gold, 84% for zinc and 89% for lead Intercepted the Cauca vein with a cross-cut [...]
Silver X Mining Corp. is pleased to announce that it has completed the debt settlement transaction announced in its news release of August 22, 2022. The Company settled accrued royalties to June 30, 2022, and correspondent interest, payable to Maverix Metals Inc. in the amount of CAD$540,377 by way of issuance of 1,801,256 common shares of the Company at a deemed price of CAD$0.30 per Share. The Shares are subject to a [...]
Silver X Mining Corp. is pleased to announce that the board of directors of Silver X has approved the settlement of CAD$540,377 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, Silver X would issue 1,801,256 Shares at a deemed price of $0.30 per Share to Maverix Metals Inc. , in payment of accrued royalties to June 30, 2022, and correspondent interest. The issuance of the [...]
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