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
Altaley Mining Retains Advertising Group and Announces Upcoming Webinar
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") announces the engagement of Future Money Trends, LLC, Gold Standard Media, LLC, Portfolio Wealth Global, LLC and Wealth Research Group, LLC, (the "Advertisers") to provide financial publishing and digital marketing services to the Company. The term of this agreement shall be for a period of six months beginning October 1, 2021. The Company shall pay only a cash...
2021-09-28 6:00 AM EDT
Altaley Mining Announces the Commencement of OTCQX Best Market Trading
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of ATLYF. The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Altaley's common shares...
2021-09-20 7:00 AM EDT
Altaley Mining Reports Second Quarter Financials
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2021) - Altaley Mining Corporation ("Altaley" or the "Company") (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGA) announces strong financial and operating results for the three months ended June 30, 2021 (Q2 - 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.Q2 - 2021...
2021-08-30 11:21 AM EDT
Altaley Mining Begins Metallurgical Pilot Plant Testing at Campo Morado
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to announce that it has initiated an extensive metallurgical testing program at its Campo Morado mine designed to investigate the possibility of increasing recoveries of both base metals and precious metals. The company has engaged Maelgwyn Mineral Services Ltd ("MMS") of Cardiff, United Kingdom (https://www.maelgwyn.com) to investigate the potential for increased recoveries of gold, silver, zinc,...
2021-08-03 6:00 AM EDT
Altaley Mining Corporation: No Operational or Financial Reasons for Current Share Price Decline
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Altaley Mining Corporation's (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") management advises that there is no operational or financial reason for the decline in the Company stock trading price over the past two days. Management would like to reassure investors and shareholders that day-to-day operations at both the Campo Morado Mine and the Tahuehueto Project continue as normal.Management attributes the decline in its share trading price to...
2021-07-29 2:15 PM EDT
Altaley Mining Launches New Corporate Website
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to announce the following:Launch of New Corporate WebsiteThe Company is pleased to announce the launch of its completely redesigned corporate website. The new site features a clean and responsive modern design, simplified usability, functionality, alongside easy access to essential information about Altaley and its projects.The website will be regularly updated to provide the...
2021-07-27 4:45 PM EDT
Altaley Finalizes US $12 Million Accendo Banco Loan Agreement
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGA) ("Altaley" or the "Company") is pleased to announce that the Company has executed a US $12 million loan facility agreement with Accendo Banco S.A. Institucion de Banca Multiple ("Accendo") to complete the final part of it's previously announced US $25 million Accendo Syndicate Funding plan providing a fully funded solution to complete the construction and ramp-up of Telson's 100% owned Tahuehueto...
2021-07-22 5:00 AM EDT
Altaley Mining Reports Campo Morado Q2 2021 Production
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGN) ("Altaley" or the "Company") is pleased to provide shareholders the preliminary production results for the quarter ended June 30, 2021 ("Q2 2021") of its Campo Morado Mine located in State of Guerrero, Mexico."I am happy to highlight Altaley's Q2 2021 Campo Morado production results where our operations team have achieved significant increases to net revenue and metal recoveries," states Ralph Shearing, CEO &...
2021-07-15 5:00 AM EDT
Altaley Mining Retains Market-Making Services & Changes OTC Ticker Symbol
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2021) - Altaley Mining Corporation ("Altaley" or the "Company") (TSXV: ATLY) (OTC Pink: ATLYF) (FSE: TSGN) is pleased to announce that it has retained Venture Liquidity Providers Inc. ("VLP") to initiate market-making services to aid in maintaining an orderly trading market and improving the liquidity of Altaley's common shares.The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the...
2021-07-02 2:44 PM EDT
Altaley Restructures US$26 Million Debt with Trafigura and Nyrstar
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: SOHFF) (FSE: TSGN) ("Altaley" or the "Company" is pleased to announce that the Company has executed debt restructuring agreements with Trafigura Mexico S.A. de C.V. and Nyrstar Canada (Holdings) Ltd., to restructure debt in the amount of US$26,027,240 under the summarized terms outlined below. This debt restructuring allows Altaley to move over US$20 million of the restructured amount from short term debt to...
2021-06-28 5:00 AM EDT