Vizsla Silver Fuels Growth with US$100 Million Financing
Vizsla Silver secures US$100 million in bought deal financing to accelerate the development and exploration of its flagship Panuco silver-gold project in Mexico.
Mining giants Hudbay Minerals Inc., Vale Base Metals, and Alamos Gold Inc. have collectively pledged C$1.25 million to the Canadian Red Cross. This significant donation aims to bolster emergency relief and long-term rebuilding efforts for communities and Indigenous populations severely impacted by the recent devastating wildfires across northern Manitoba.
In a powerful display of corporate responsibility, three prominent mining companies with operations in northern Manitoba have united to provide substantial financial aid for wildfire victims. Hudbay Minerals Inc., Vale Base Metals, and Alamos Gold Inc. announced a joint donation of C$1.25 million to the Canadian Red Cross, directly addressing the urgent needs arising from the widespread wildfires.
The C$1.25 million contribution will be strategically allocated to provide a wide array of critical support services and recovery relief efforts. These include:
Conrad Sauvé, President and CEO of the Canadian Red Cross, expressed profound gratitude for the donation, emphasizing its significant impact on communities facing the devastating fires. A joint statement from the mining companies reiterated their deep commitment to the people and communities of northern Manitoba, pledging continued solidarity and support for long-term recovery efforts.
The Canadian Red Cross continues to work in close collaboration with Indigenous leadership, municipal, provincial, and federal governments, and emergency response teams. This coordinated approach ensures that support is provided efficiently and effectively to those most in need, fostering a comprehensive and sustainable recovery process for the affected regions.
Vizsla Silver secures US$100 million in bought deal financing to accelerate the development and exploration of its flagship Panuco silver-gold project in Mexico.
Giga Metals Corporation appoints Scott Lendrum as new CEO, effective July 2, 2025, bringing extensive mining investment banking experience to advance strategic objectives and shareholder value.
Alamos Gold's Island Gold Mine expansion is set to significantly boost Canadian gold production, lower costs, and create jobs, transforming the operation into a major economic engine for the Algoma region.
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