Altaley Mining Corporation

Recent News

• Altaley Mining Announces $5 Million Private Placement, Engagement of Investor Relations Services Provider, and Amendment to Advertising Agreement

  Vancouver, British Columbia--(Newsfile Corp. - March 17, 2022) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") announces that it intends to conduct a non-brokered private placement financing (the "Private Placement") to raise gross proceeds of up to Cdn$5 million for working capital purposes related to the start-up of preproduction mining and milling operations at its 100% owned Tahuehueto Mine. The Company is also pleased to announce that it has retained Arrowhead Business and...

  2022-03-17 6:00 AM EDT
• Altaley Mining Announces Positive Pre-Feasibility Study & Updated Mineral Reserves/Resources Estimates as Its Flagship Tahuehueto Mine Nears Production

  Vancouver, British Columbia--(Newsfile Corp. - March 7, 2022) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") today announced the results of an updated Pre-Feasibility study (the "PFS") for its Tahuehueto Gold Mining Project (the "Project") located in Durango, Mexico. (All currencies within this press release are quoted USD.)2022 Prefeasibility Study improves 2017 PFS increasing throughput to 1,000 tonnes per day returning a post-tax NPV of US$110 million at 5% discount rate.Total Capital Cost estimate...

  2022-03-07 6:00 AM EST
• Altaley Mining Reports C$19.9 Million Net Revenue on a Preliminary Basis for Q4 2021 at Campo Morado

  Vancouver, British Columbia--(Newsfile Corp. - January 25, 2022) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company" is pleased to provide shareholders the preliminary production results and cost estimates for the quarter ended December 31, 2021 ("Q4 2021") from its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated."I am pleased to report Q4 2021 preliminary production, C1 Cash Costs and AISC...

  2022-01-25 6:30 AM EST
• Altaley Year-End 2021 Shareholder Update

  Vancouver, British Columbia--(Newsfile Corp. - January 5, 2022) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to provide the following year-end update to shareholders and investors. 2021 has been a year of excellent growth for Altaley Mining Corporation where our Company has seen steady construction progress at its Tahuehueto gold mine which will soon be entering into production and at the producing Campo Morado Mine, the operations team has made steady...

  2022-01-05 6:30 AM EST
• Altaley Executes US$5 Million Bridge Loan Financing Agreement

  Vancouver, British Columbia--(Newsfile Corp. - December 29, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to announce that it has executed a Loan Agreement (the "Loan Agreement") with Sail Natural Resources LP (the "Lender") whereby Lender will provide a US$5million loan facility to Altaley, proceeds to be used to fund the final costs of construction and working capital at the Company's Tahuehueto Gold Mine Project.This bridge loan replaces the funding recently lost...

  2021-12-29 1:29 PM EST
• Altaley Announces the Results of 2021 AGM and Termination of IR Agreements

  Vancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company" is pleased to report on the results of 2021 Annual General Meeting.2021 Annual General MeetingThe Company held its Annual General Meeting ("AGM") on November 30, 2021. A total of 70,296,565 common shares representing 27.61% of the Company's issued and outstanding shares were voted in connection with the AGM. All matters tabled for consideration, as outlined on the Company's...

  2021-12-06 7:00 PM EST
• Altaley Mining Reports Third Quarter Financials

  Vancouver, British Columbia--(Newsfile Corp. - November 23, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") announces strong financial and operating results for the three months ended September 30, 2021 (Q3 - 2021). The Company's Financial Statements and Management Discussion & Analysis ("MD&A") are available on the Company's website at www.altaleymining.com and www.sedar.com. All financial information contained in this news release is unaudited and reported in CDN$, unless otherwise stated."Our Campo Morado team have produced another excellent...

  2021-11-23 12:39 PM EST
• Altaley Mining Announces Underground Mining Contractor Mobilizes Equipment to Tahuehueto

  Vancouver, British Columbia--(Newsfile Corp. - November 2, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is excited to announce that it has engaged MGA Contratista Minera S.A. de C.V. ("MGA") as its underground mining contractor for it's soon to be operating Tahuehueto Gold Mine, located in northwestern Durango state, Mexico.MGA is a prominent mining contractor located in Durango city, Mexico with over 20 years of underground mining and civil engineering experience whose clients include various prominent...

  2021-11-02 6:00 AM EDT
• Altaley Mining Reports Campo Morado Q3 2021 Production

  Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to provide shareholders the preliminary production results for the quarter ended September 30, 2021 ("Q3 2021") of its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated."I am pleased to report Altaley's Q3 2021 Campo Morado production results," states Ralph Shearing, CEO & President. "Campo...

  2021-10-26 6:00 AM EDT
• Altaley Mining Provides Update on Lender, Accendo Banco

  Vancouver, British Columbia--(Newsfile Corp. - September 30, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") provides insight with respect to status of one of its lenders, Accendo Banco.The Company has learned that the Mexican National Banking and Securities Commission (CNBV) notified Accendo Banco, S.A. (Accendo Banco) of the revocation of its authorization to organize and operate as a multiple banking institution due to below the regulatory minimum levels of liquidity coverage ratio of the...

  2021-09-30 2:34 PM EDT