Bear Creek Mining Corp. announces that its board of directors has authorized and approved the grant of a cumulative total of 900,000 stock options pursuant to its stock option plan to two recently appointed directors and new Chief Operating Officer , and a consultant. The Stock Options are subject to vesting provisions in accordance with the Stock [...]
Bear Creek Mining Corp. announces that further to the Company's news release dated October 19, 2023, the Company has entered into an amendment agreement to amend the convertible promissory note in the amount of US$26,632,458 issued to Equinox Gold Corp. on October 19, 2023. Pursuant to the Amendment Agreement, Equinox Gold's conversion right under [...]
Bear Creek Mining Corp. reports its interim condensed consolidated financial results for the three and nine months ended September 30, 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 condensed consolidated financial [...]
Bear Creek Mining Corp. announces that its Board of Directors has appointed Ms. Sandra Daycock and Ms. Susan Toews as directors of the Company effective immediately. The Board and management of Bear Creek also welcome Mr. Brian Peer to the position of Chief Operating Officer. Eric Caba, President and CEO of Bear Creek states, "On behalf of Bear [...]
The Board of Directors of Bear Creek Mining Corp. announces with great sadness that Mr. Anthony Hawkshaw, former CEO and director of the Company, passed away on November 4th after a valiant battle with cancer. The Board joins all at Bear Creek in thanking the late Mr. Hawkshaw for his leadership and tireless efforts to advance the Company toward [...]
Bear Creek Mining Corp. announces it produced 9,158 ounces of gold and 34,929 ounces of silver from the Mercedes Mine during the three months ended September 30, 2023 . Eric Caba, President and CEO of Bear Creek, states, "Mercedes did not achieve the level of gold production that we had anticipated for Q3 2023. While the efforts we have made at [...]
Bear Creek Mining Corp. is pleased to announce that further to the Company's news releases dated May 30, 2023, July 5, 2023, September 13, 2023 and September 21, 2023, the Company has issued a secured convertible promissory note in the amount of US$26,632,458 to defer a US$25 million current liability originally payable to a wholly-owned subsidiary [...]
Bear Creek Mining Corp. announces that BMO Capital Markets, as underwriter to the previously announced C$9.5 million bought deal financing of 27,200,000 units of the Company that closed on October 5, 2023 , has notified the Company that it has elected not to exercise the over-allotment option related to the Offering . Please see the Company's news [...]
Bear Creek Mining Corp. is pleased to announce that the bought deal financing announced on September 28, 2023 has closed. The Offering was conducted by BMO Capital Markets . Pursuant to the Offering, the Company issued a total of 27,200,000 units at a price of C$0.35 per Unit for gross proceeds of C$9.5 million. Each Unit is comprised of one common [...]
Bear Creek Mining Corp. announces today that it has entered into an agreement with BMO Capital Markets , under which BMO has agreed to buy on bought deal basis 27,200,000 Units , at a price of $0.35 per Unit for gross proceeds of $9.5 million . Each unit will be comprised of one common share of the Company and one common share purchase warrant of [...]
Monthly Stream Obligations to Decline by 78% and Maturity Date of Debt Extended to September 2028 Bear Creek Mining Corp. is pleased to announce a restructuring of its current stream and debt obligations with Sandstorm Gold Ltd. and its subsidiaries , which will be effected by way of a restructuring agreement . The Restructuring Agreement will [...]
Additional 300 ounces of gold per month now available to the Company Bear Creek Mining Corp. announces that it has made the final gold delivery pursuant to a gold pre-pay streaming agreement with Nomad Royalty Co. Ltd. , which the Company assumed upon its acquisition of the Mercedes gold mine in Mexico in April 2022. The Nomad Gold Stream has now [...]
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