Bear Creek Mining Corp. is pleased to announce that it has entered into a promissory note with Auramet International LLC in connection with a one-year USD $5.0 million loan facility . Anthony Hawkshaw, Chief Executive Officer of Bear Creek states, "The proceeds of the Facility will provide Bear Creek with additional working capital that the Company will use to fast-track production improvements at our recently acquired [...]
Bear Creek Mining Corp. is pleased to report on mining and exploration activities since April 21, 2022 at its Mercedes Gold Mine , in Sonora Mexico. During its first two months under Bear Creek ownership, activities at Mercedes concentrated on implementing operating strategies to improve Mercedes' annual gold production and to initiate an aggressive exploration program. Development work has succeeded in doubling the [...]
Bear Creek Mining Corp. announces that further to its news release dated May 26, 2022 it has filed on SEDAR a technical report, as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, for the Mercedes gold mine located in Sonora, Mexico . The technical report dated July 4, 2022 and entitled "NI 43-101 Technical Report, Mercedes Gold-Silver Mine, Sonora, Mexico" provides an independent [...]
Bear Creek Mining Corp. announces that it has now closed its private placement financing originally announced on May 5 and May 17, 2022, and has successfully raised gross proceeds of CAD $3,542,160 through the issuance of 3,542,160 common shares at a price of CAD $1.00 per share. Directors and officers of the Company subscribed for 2,000,000 shares representing 56% of the total subscribed shares in the private placement [...]
Bear Creek Mining Corp. is very pleased to announce the publication of its inaugural Environmental, Social and Governance report, which sets out the Company's ESG practices and performance for the year ended December 31, 2021. Anthony Hawkshaw, CEO, states "Bear Creek is committed to the principles of sustainability and best practices in corporate governance. We have long put this commitment into practice in tangible [...]
Bear Creek Mining Corp. announces that as a result of a review by the British Columbia Securities Commission the Company today has been placed on the Reporting Issuers in Default List . Bear Creek understands that it has been placed on the Default List as a result of the BCSC's concerns regarding the credentials of certain independent third party consultants to act as qualified persons under National Instrument 43-101 [...]
Bear Creek Mining Corp. announces that, further to the private placement announced on May 5, 2022, the Company announces that, subject to regulatory approval, it proposes to amend the terms of its private placement by changing the price of the common shares to $1.00 per common share. As previously announced, the offering will raise proceeds of up to $6,000,000 and all other terms of the private placement remain unchanged [...]
Bear Creek Mining Corp. pleased to announce a non-brokered private placement of up to six million common shares in the capital of the Company at the price of $1.23 per Share. The proceeds from the sale of the Shares will be used to fund general working capital. The Company may pay a finder's fee in connection with the private placement. Certain directors and officers of the Company intend to acquire 1.75 million common [...]
Bear Creek Mining Corp. announces that it has filed on SEDAR a Technical Report for the Company's recently acquired Mercedes gold-silver mine located in Sonora, Mexico. The Technical Report dated April 22, 2022 and entitled "NI 43-101 Technical Report, Mercedes Gold-Silver Mine, Sonora, Mexico" provides an independent audit of the Mineral Reserves and Mineral Resources identified at Mercedes as of December 31, 2021 and [...]
Bear Creek Mining Corp. announces that is has completed its acquisition of a 100% interest in the Mercedes gold-silver Mine , located in Sonora, Mexico, from Equinox Gold Corp. , as previously announced in the Company's news releases on December 17, 2021, January 26, 2022, March 25, 2022 and April 14, 2022. "We are extremely pleased to have acquired a producing gold-silver mine with a strong operating team, underlying [...]
Bear Creek Mining Corp. wishes to update the status of its acquisition from Equinox Gold Corp. of a 100% interest in the Mercedes gold-silver mine located in Sonora, Mexico, which was originally announced in the Company's press release dated December 17, 2021. The Acquisition was approved by Mexican authorities on March 31, 2022. The completion of the Acquisition, as well as the Company's previously announced gold [...]
Bear Creek Mining Corp. wishes to update the status of its acquisition from Equinox Gold Corp. of a 100% interest in the Mercedes gold-silver mine located in Sonora, Mexico, which was originally announced in the Company's press release dated December 17, 2021. The completion of the Acquisition remains subject to anti-trust approval which the Company expects to receive in April 2022. On March 24, 2022, the Company and [...]
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