Bear Creek Mining Corp. announces that its Board of Directors has appointed Ms. Zoya Shashkova to the position of Chief Financial Officer. Ms. Shashkova is expected to commence her employment with the Company on or about March 18, 2024. Eric Caba, President and CEO of Bear Creek states, "I am pleased to welcome Zoya Shashkova to the Company. Her deep understanding of finance and accounting will be invaluable as we [...]
Bear Creek Mining Corp. announces that Mr. Fernando Ragone has informed the Company of his intent to resign as Chief Financial Officer effective March 8, 2024 in order to pursue an alternative career opportunity. Bear Creek has made an offer of employment to a highly qualified CFO successor, who has accepted the offer. Further details will be announced as soon as possible. On behalf of the Board of Directors, Eric Caba [...]
Monthly Stream Obligations Significantly Reduced and Maturity Date of Debt Extended to 5 years Bear Creek Mining Corp. is pleased to announce it has closed its previously announced restructuring transaction with Sandstorm Gold Ltd. and its subsidiaries , which was effected by way of a Restructuring Framework Agreement dated September 28, 2023. The Transaction is expected to improve the Company's ability to produce free [...]
2023 Mercedes Production at High End of Guidance with 43,860 Ounces of Gold Produced Bear Creek Mining Corp. announces it produced 13,478 ounces of gold and 52,144 ounces of silver from the Mercedes Mine during the three months ended December 31, 2023 . Consequently, Mercedes production for 2023 totaled 43,860 ounces of gold and 167,019 ounces of silver, placing it near the high end of the Company's most recent production [...]
Bear Creek Mining Corp. announces that its board of directors has authorized and approved a grant of 500,000 stock options to its recently appointed Chief Financial Officer , pursuant to its stock option plan . The Stock Options are subject to vesting provisions in accordance with the Stock Option Plan and are exercisable on or before January 4, 2034 at the strike price of Cdn $0.175 per share, being the closing price of [...]
Bear Creek Mining Corp. announces that Mr. Fernando Ragone has been appointed Chief Financial Officer of the Company, effective December 18, 2023. Mr. Ragone is a mining finance leader with 28 years of experience that spans the gamut of financial functions including complex corporate financing transactions, financial reporting, business development and M&A, treasury, management accounting, cost reductions and business [...]
Bear Creek Mining Corp. announces that its board of directors has authorized and approved the grant of a cumulative total of 900,000 stock options pursuant to its stock option plan to two recently appointed directors and new Chief Operating Officer , and a consultant. The Stock Options are subject to vesting provisions in accordance with the Stock Option Plan and are exercisable on or before November 30, 2033 at the [...]
Bear Creek Mining Corp. announces that further to the Company's news release dated October 19, 2023, the Company has entered into an amendment agreement to amend the convertible promissory note in the amount of US$26,632,458 issued to Equinox Gold Corp. on October 19, 2023. Pursuant to the Amendment Agreement, Equinox Gold's conversion right under the Note will be amended such that Equinox Gold may not exercise its right [...]
Bear Creek Mining Corp. reports its interim condensed consolidated financial results for the three and nine months ended September 30, 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 condensed consolidated financial statements and management discussion and analysis for the three and nine months [...]
Bear Creek Mining Corp. announces that its Board of Directors has appointed Ms. Sandra Daycock and Ms. Susan Toews as directors of the Company effective immediately. The Board and management of Bear Creek also welcome Mr. Brian Peer to the position of Chief Operating Officer. Eric Caba, President and CEO of Bear Creek states, "On behalf of Bear Creek's Board of Directors, I am very pleased to welcome Sandra Daycock, Susan [...]
The Board of Directors of Bear Creek Mining Corp. announces with great sadness that Mr. Anthony Hawkshaw, former CEO and director of the Company, passed away on November 4th after a valiant battle with cancer. The Board joins all at Bear Creek in thanking the late Mr. Hawkshaw for his leadership and tireless efforts to advance the Company toward its vision of becoming a multi-asset precious metal producer. Tony will be [...]
Bear Creek Mining Corp. announces it produced 9,158 ounces of gold and 34,929 ounces of silver from the Mercedes Mine during the three months ended September 30, 2023 . Eric Caba, President and CEO of Bear Creek, states, "Mercedes did not achieve the level of gold production that we had anticipated for Q3 2023. While the efforts we have made at Mercedes to increase development, decrease costs, eliminate operating [...]