Aurcana Silver Corp. announces that as the Company is currently unable to meet the working capital and financial resources requirement for Tier 1 issuer, the Company has been advised by the TSX Venture Exchange that the Company's listing will be transferred from Tier 1 to Tier 2 on October 21, 2022, with an effective date of October 25, 2022. The Company is currently actively pursuing several options to raise funds in [...]
Aurcana Silver provides the following update: As first announced in the press release dated March 21, 2022, and further to the Company’s press releases dated April 11, 2022 and May 19, 2022, May 31, 2022, June 3, 2022, June 20, 2022, June 24, 2022 and June 30, 2022 certain indirect, wholly owned subsidiaries of Mercuria Energy Group entered into certain standstill and restructuring agreements with Aurcana with effect as [...]
Aurcana Silver provides the following update: As first announced in the press release dated March 21, 2022, and further to the Company’s press releases dated April 11, 2022 and May 19, 2022, May 31, 2022, June 3, 2022, June 20, 2022 and June 24, 2022 certain indirect, wholly owned subsidiaries of Mercuria Energy Group (“Mercuria”) entered into certain standstill and restructuring agreements with Aurcana with effect as of [...]
Aurcana Silver provides the following update: As first announced in the press release dated March 21, 2022, and further to the Company’s press releases dated April 11, 2022, May 19, 2022, May 31, 2022, June 3, 2022 and June 20, 2022, certain indirect, wholly owned subsidiaries of Mercuria Energy Group (“Mercuria”) entered into certain standstill and restructuring agreements with Aurcana with effect as of March 8, 2022 [...]
Aurcana Silver provides the following update: As first announced in the press release dated March 21, 2022, and further to the Company’s press releases dated April 11, 2022, May 19, 2022, May 31, 2022 and June 3, 2022, certain indirect, wholly owned subsidiaries of Mercuria Energy Group entered into certain standstill and restructuring agreements with Aurcana with effect as of March 8, 2022, which agreements included the [...]
Aurcana Silver provides the following update: As first announced in the press release dated March 21, 2022, and further to the Company’s press releases dated April 11, 2022, May 19, 2022 and May 31, 2022, certain indirect, wholly owned subsidiaries of Mercuria Energy Group (“Mercuria”) entered into certain standstill and restructuring agreements with Aurcana with effect as of March 8, 2022, which agreements included the [...]
Aurcana Silver provides the following update: As first announced in the press release dated March 21, 2022, and further to the Company’s press releases dated April 11, 2022 and May 19, 2022, certain indirect, wholly owned subsidiaries of Mercuria Energy Group entered into certain standstill and restructuring agreements with Aurcana with effect as of March 8, 2022, which agreements included the grant to Aurcana of a waiver [...]
Aurcana Silver provides the following update: As outlined in the press releases dated April 11, 2022 and dated March 21, 2022, Aurcana continues to evaluate all available alternatives with respect to refinancing the Company and satisfying the conditions precedents contained in the restructuring agreements entered into with subsidiaries of Mercuria Energy Group. The Company is continuing to actively pursue multiple [...]
Aurcana Silver Corp. provides the following update: As outlined in the press release dated March 21, 2022, Aurcana continues to evaluate all available alternatives with respect to the Company and satisfying the conditions precedents contained in the restructuring agreements entered into with subsidiaries of Mercuria Energy Group in respect of the Company's outstanding $28 million term loan and associated hedging package [...]
Aurcana Silver Corp. provides the following update with respect to its wholly owned Revenue-Virginius Mine located in Ouray, Colorado, USA. Updated Feasibility Study for the RV Mine Confirming NPV5 US$109 Million Aurcana is pleased to announce that it has completed an updated feasibility study prepared by SRK Consulting with an effective date of December 31, 2021 and in accordance with National Instrument 43-101 [...]
Aurcana Silver Corp. provides the following update on operations at its wholly owned Revenue-Virginius Mine located in Ouray, Colorado, USA. Mining and development operations have continued to focus on the completion of the #1 Alimak raise hoist / elevator system throughout January and most of February. As a result of extreme winter weather conditions at the mine site during the second half of February, the site has been [...]
Aurcana Silver Corp. is pleased to announce it has closed the second and final tranche of the non-brokered private placement offering announced on February 1, 2022, subject to the approval of the TSX Venture Exchange. The second tranche consists of 1,926,857 Units at a price of C$0.35 per Unit, for a total of $674,399.95. The first and second tranches combined consist of a total of 17,064,928 units for a total of [...]
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