Bear Creek Mining Announces Closing of C$8.2 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement financing (refer to the Company's press release dated July 12, 2023) to raise an aggregate of approximately C$8.2 million (the "Offering"). A total of 16,725,000 common shares ("Shares") were sold at a price of C$0.49 per Share. The...
2023-07-21 4:30 PM EDT
Bear Creek Mining Announces Q2 2023 Mercedes Production Results
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces it produced 9,199 ounces of gold and 39,841 ounces of silver from the Mercedes Mine ("Mercedes") during the three months ended June 30, 2023 ("Q2 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'...
2023-07-18 8:30 AM EDT
Bear Creek Mining Announces C$8.2 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce that it plans to conduct a non-brokered private placement of 16,725,000 common shares of Bear Creek (the "Shares") at a price of C$0.49 per Share to raise gross proceeds of approximately C$8.2 million (the "Offering"). The net proceeds of the Offering will be used for exploration and production improvements at the Mercedes...
2023-07-12 8:38 AM EDT
Bear Creek Mining Finalizes Agreement for Mercedes Mine Deferred Payment to Improve Its Balance Sheet and Yield Savings of US$6.6 Million over the Next Twelve Months
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (the "Company") is pleased to announce that it has executed documentation with Equinox Gold Corp. ("Equinox Gold") to defer a US$26 million current liability by issuing a five year convertible promissory note (the "Note"). Payment of the Note will satisfy the final purchase price installment (the "Deferred Payment") for the Mercedes Gold Mine in Sonora, Mexico...
2023-07-05 8:11 AM EDT
Bear Creek Grants Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (BVL: BCM) (OTCQX: BCEKF) ("Bear Creek" or the "Company") announces that its Board of Directors authorized and approved, and today granted, 450,000 incentive stock options (the "Stock Options") to Mr. Eric Caba pursuant to the Company's incentive stock option plan (the "2022 Plan"). Mr. Caba was promoted to the position of President and Chief Executive Officer on June 5, 2023. The Stock...
2023-06-26 8:00 AM EDT
Bear Creek Mining Announces Results of Annual General Meeting, Appointment of Officers and Publication of 2022 ESG Report
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce the results of the Company's Annual General Meeting ("AGM") 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...
2023-06-06 8:24 AM EDT
Bear Creek Mining Reports Q1 2023 Financial and Operating Results
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") reports its interim consolidated financial results for the three months ended March 31, 2023 ("Q1 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...
2023-05-31 11:17 AM EDT
Bear Creek Mining Signs a Term Sheet to Defer US$25.8 Million in Debt Payments for a Period of Five Years
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce that it has executed a non-binding indicative term sheet with a wholly-owned subsidiary of Equinox Gold Corp. ("Equinox Gold") 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"). The Convertible Debenture...
2023-05-30 7:43 AM EDT
Bear Creek Mining and Sandstorm Gold Ltd. Amend Terms of Gold Purchase Agreement
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces that Sandstorm Gold Ltd. ("Sandstorm") has advanced Bear Creek an additional US$5 million pursuant to an amendment to the gold purchase agreement (the "Gold Purchase Agreement") between the two parties originally dated December 17, 2022 (see Bear Creek Mining news release dated December 17, 2022). Proceeds from the...
2023-05-11 4:18 PM EDT
Bear Creek Mining Announces CEO Succession
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces that Mr. Anthony Hawkshaw informed the Company's board of directors (the "Board") of his intent to retire from the position of Chief Executive Officer ("CEO") of the Company effective June 5, 2023. Subsequently the Board, through its succession planning process, selected Mr. Eric Caba, President and Chief Operating Officer...
2023-05-02 8:25 AM EDT
Bear Creek Mining Reports 2022 Year End Financial and Operating Results
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") reports its annual consolidated financial results for the year ended December 31, 2022 ("FY 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...
2023-04-21 7:00 AM EDT
Bear Creek Mining Reports Production of 12,025 Ounces of Gold in Q1 2023
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces it produced 12,025 ounces of gold and 40,105 ounces of silver from the Mercedes Mine ("Mercedes") during the three months ended March 31, 2023 ("Q1 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 (11,500 to 13,500 ounces of...
2023-04-14 9:41 AM EDT
Bear Creek Mining Provides Update On US$25 Million Equinox Gold Payment
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce that, further to its news release dated October 26, 2022, it has revised the terms (the "Revised Terms") of the heads of agreement with Equinox Gold Corp. ("Equinox Gold") to amortize over a two-year period payment of the final US$25 million purchase price installment (the "Deferred Payment") for the...
2023-03-10 9:08 AM EST
Bear Creek's Mercedes Mine to Produce 65,000 - 75,000 Ounces of Gold in 2023 Representing a 49% Increase Relative to 2022
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces production guidance for its Mercedes Gold Mine ("Mercedes") in Sonora Mexico of 65,000 to 75,000 ounces of gold during 2023. Average cash cost per gold ounce is expected to be in the range of $830 - $940 with All in Sustaining Cost ("AISC") between $1,120 and $1,290 per gold ounce. Operations Bear Creek continues to...
2023-02-24 8:59 AM EST
Drilling Results from Marianas and Rey De Oro Deposits at Bear Creek Mining's Mercedes Mine Demonstrate Near-Term Upside Potential
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce the results of recent drilling from the Marianas and Rey de Oro deposits at the Mercedes gold mine in Sonora, Mexico. The results highlighted below demonstrate the continuation of gold and silver mineralization at both Marianas and Rey de Oro outside of the currently estimated mineral resources and...
2023-02-22 2:33 PM EST
Bear Creek Exceeds Guidance with 13,710 Ozs of Gold Produced in Q4 2022 and Discovers a New Vein at Mercedes Returning 0.8 Meters of 89.1 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - January 4, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces it produced 13,710 ounces of gold and 40,222 ounces of silver from the Mercedes Mine ("Mercedes") during the three months ended December 31, 2022 ("Q4 2022") and discovered a new high-grade gold vein at the Marianas zone. Highlights: 13,710 ounces of gold produced during Q4 2022; a 23% increase in Mercedes production...
2023-01-04 7:00 AM EST
Bear Creek to Issue Shares for Services
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2022) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces that, subject to TSX Venture Exchange approval, the Company will issue 164,241 common shares at a deemed price of $0.88 per share to Unison Mining Consulting Pte. Ltd. ("Unison") for work on the Mercedes Gold Mine operational improvement program completed as of December 23, 2022. Details regarding the ongoing Mercedes...
2022-12-28 9:00 AM EST
Bear Creek Mining Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces that its Board of Directors has authorized and approved the grant of 3,750,000 stock options (the "Stock Options") under its stock option plan (the "Stock Option Plan") to certain directors, officers and employees of Bear Creek. The Stock Options are subject to vesting provisions in accordance with the Stock Option...
2022-12-15 10:35 AM EST
Bear Creek Mining Reports Q3 2022 Operating and Financial Results
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2022) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to report its interim consolidated financial and operating results for the quarter ended September 30, 2022 ("Q3 2022"). Monetary amounts in this news release are in US dollars unless otherwise stated. The Company will host a conference call at 11:00 am Eastern time today, accessible via the call-in details below...
2022-11-29 8:50 AM EST
Bear Creek to Issue Third Tranche of Shares for Services
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2022) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces that, subject to TSX Venture Exchange approval, the Company will issue 361,648 common shares at a deemed price of $0.40 per share to Unison Mining Consulting Pte. Ltd. ("Unison") for work on the Mercedes Gold Mine operational improvement program completed as of October 28, 2022. Details regarding the ongoing Mercedes...
2022-10-31 5:00 PM EDT