ARGENTA ANNOUNCES APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER
VANCOUVER, BC, April 28, 2025 CNW/ – Argenta Silver Corp. (TSXV: AGAG) ("Argenta" or the "Company") is pleased to announce that its Board of Directors has appointed Joaquin Marias as the Company's new President and Chief Executive Officer ("CEO"), effective immediately. Mr. Marias is currently the Company's Vice President, Exploration and a member of the Board of Directors. He succeeds Mr. Geir Liland, who will remain on the Company's Board of Directors.
Mr. Marias stated: "It is an honor to be appointed CEO of Argenta Silver Corp. at such an important stage in the Company's growth. With strong foundations in place and significant work already completed, we are building a company that is entirely focused on creating sustainable value for our stakeholders by advancing the full potential of the El Quevar Project in Salta Province, Argentina. I extend my sincere thanks to Geir Liland for his contributions to the Company's success to date. I remain fully committed to working with the Board of Directors and our dedicated team to develop Argenta into a world-class silver exploration company."
About Argenta Silver Corp.
Argenta Silver Corp. is a focused silver exploration company committed to advancing projects that support the global energy transition. Our mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance, and project development, Argenta takes a disciplined, strategic approach to growth. With a strong emphasis on responsible mining practices, we are well-positioned to meet the rising demand for silver—a critical metal in renewable energy and emerging technologies—while building a lasting and successful company.
On behalf of Argenta Silver Corp.
"Geir Liland"
Chief Executive Officer
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the El Quevar project. Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE Argenta Silver Corp.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
12 minutes ago
- Cision Canada
Silver Miners Enter Parabolic Phase as Analysts Eye $40 Breakout
Issued on behalf of Magma Silver Corp. VANCOUVER, BC, Aug. 20, 2025 /CNW/ -- Silver miners are early in a parabolic move higher as the precious metal pushes toward what analysts describe as a decisive $40 breakout. Industrial demand is creating momentum for the white metal, with fabrication volumes forecast to surpass 700 million ounces for the first time ever in 2025. Market technicians note that silver has cleared key resistance levels while establishing bullish momentum patterns, positioning several miners for potential outperformance, including Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF), Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR), Silvercorp Metals Inc. (NYSE-American: SVM) (TSX: SVM), and McEwen Inc. (NYSE: MUX) (TSX: MUX). Multiple investment banks have converged on $40 price targets for silver, with Citigroup, Bank of America, and Saxo Bank citing tightening supply alongside accelerating demand from renewable energy and electronics sectors. Supply deficits are expected to persist for the fifth consecutive year, creating what industry observers call a uniquely compelling backdrop for silver equity leverage plays. Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) has confirmed that a diamond drilling campaign is expected to begin in Q4 2025 at its strategically positioned Niñobamba project in Peru. The upcoming program will initially target Jorimina, a deposit where Newmont previously invested millions in historic drilling, before expanding to test Randypata and additional high-priority zones. While the company prepares for this pivotal drilling phase, Magma is conducting intensive geological mapping and rock sampling to sharpen drill targets and enhance its structural understanding. With environmental and community consultation requirements now fully satisfied, drill permit approvals are anticipated imminently. "We are excited to start a work program at the advanced Niñobamba silver-gold project focused on the Jorimina and Randypata deposits," said Stephen Barley, Chairman and CEO of Magma Silver. "As announced in our news release dated July 23, 2025, the Tunsulla community access agreement is in place for these two project areas, allowing the Company full access to conduct exploration activities. The work being carried out will assist in refining drill targets for our planned Q4 drill program as well as expand our overall knowledge of the deposits." These crucial access rights were secured through a surface access rights agreement with the Comunidad Campesina De Tunsulla, which remains in good standing through the 2025 season and into 2026. The Jorimina and Randypata deposits represent a compelling exploration target, having attracted over CAD$10 million in historic exploration by Newmont, with standout results including 17.4 metres of 3.06 g/t gold and 128 metres of 1.31 oz/t silver. The broader Niñobamba project encompasses 4,100 hectares and is anchored by three contiguous deposits—Main, Randypata, and Jorimina—believed to form part of an extensive high-sulfidation epithermal system with significant untapped potential. This operational milestone builds on Magma's logistical expansion into Peru, including the establishment of a Lima office and assembly of a seasoned in-country team. Magma's Peru-based operational team includes General Manager Carlos Agreda Minaya, legal counsel Dentons, environmental partner Ecosoul, and field geology expert Edgar Leon Choque. Their immediate priority involves advancing Jorimina toward drilling readiness while simultaneously executing comprehensive mapping and surface work across the mineralized corridor. "The establishment of an experienced operations team we can trust will make a significant contribution to our success in Peru," added Barley. "Peru is a sophisticated, mining-friendly jurisdiction with detailed regulatory requirements that must be strictly adhered to. The experienced team we are involved with will ensure smooth operations for Magma." With a share structure of just over 34 million shares outstanding and all mineral claims secured through mid-2026, Magma is transitioning from asset assembly to active exploration in one of South America's most mining-friendly jurisdictions. As groundwork intensifies and drill targets are finalized, the company stands poised to unlock value from a system that major mining companies spent years defining but never fully developed. In other industry developments and happenings in the market include: Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF) has delivered exceptional high-grade results from its ongoing drill program at the El Quevar project in Argentina, intercepting 1,026 g/t silver over 40 meters, including an extraordinary 18,467 g/t silver over 1.05 meters. The results demonstrate the exceptional grade continuity and expansion potential of the high-grade silver system at one of Argentina's premier undeveloped silver assets. These intercepts significantly extend the known mineralization and confirm the robust nature of the deposit's silver-rich zones. "These results are exceptional and represent some of the highest-grade silver intercepts we have ever reported at El Quevar," said Joaquín Marías, CEO of Argenta Silver. "The consistency of high-grade silver mineralization across multiple drill holes continues to validate our geological model and reinforces our confidence in the significant resource expansion potential at El Quevar." The company is advancing toward an updated resource estimate while continuing to expand the footprint of high-grade mineralization across the project. Argenta maintains a strong financial position to support ongoing exploration and development activities at this world-class silver asset. Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) has reported strong Q2 2025 financial results with revenue of $43.4 million and adjusted net income of $2.7 million, driven by silver production of 1.48 million ounces across its Mexican operations. The company achieved consolidated production of 2.53 million silver equivalent ounces, representing a 13% increase year-over-year, while maintaining strong operational performance at its Guanaceví and Bolañitos mines. Endeavour continues to advance its flagship Terronera project toward commercial production, with the operation making significant progress on startup activities and processing optimization. "We delivered strong and consistent production in the second quarter," said Dan Dickson, CEO of Endeavour Silver. "The integration of Kolpa is progressing smoothly, with output already trending above initial expectations. At the same time, Terronera continues to move steadily toward commercial production. This is a pivotal time for Endeavour as we build operational momentum and position the Company for meaningful, long-term growth." The company is positioned for substantial production growth as Terronera ramps toward full commercial production capacity. Endeavour maintains a diversified portfolio of silver-focused operations with significant expansion potential across its Mexican asset base. Silvercorp Metals Inc. (NYSE-American: SVM) (TSX: SVM) has achieved strong Q1 fiscal 2026 results with adjusted net income of $21.0 million and robust cash flow from operating activities of $48.3 million, demonstrating the strength of its silver-focused operations in China. The company produced 1.8 million ounces of silver during the quarter while maintaining its position as one of the few profitable primary silver producers globally. Silvercorp has also received positive regulatory developments in Ecuador, where the Constitutional Court upheld the environmental license for its El Domo silver-gold project. "We are pleased to report another quarter of strong operational and financial performance," said Rui Feng, CEO of Silvercorp. "Our consistent cash generation capabilities continue to support our strategic initiatives while we advance development projects like El Domo in Ecuador, which represents a significant growth opportunity for the company." The company continues to optimize its existing silver operations while advancing development of El Domo, which could become a significant addition to Silvercorp's production profile. Silvercorp maintains a strong balance sheet and proven track record of generating consistent cash flows from its silver-focused mining operations. McEwen Inc. (NYSE: MUX) (TSX: MUX) has reported Q2 2025 results showing continued momentum toward its goal of doubling gold and silver production by 2030, with the company advancing multiple development projects across its portfolio. The quarter demonstrated operational progress at its silver-producing assets, including the San José mine in Argentina and advancement of the Los Azules copper-gold-silver project. McEwen continues to build production capacity while maintaining focus on its precious metals strategy and long-term growth targets. "We continue to make meaningful progress on our strategic goal to double gold and silver production by 2030," said Rob McEwen, Chairman and CEO of McEwen Inc."Our focus remains on advancing our development projects and optimizing our existing operations to create long-term value for shareholders." The company is positioning for significant production growth through development of its Los Azules project and optimization of existing silver operations. McEwen maintains a diversified portfolio of precious metals assets with substantial expansion potential across multiple jurisdictions. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This content is being distributed for media Corp, who has been paid a fee for an advertising contract with Magma Silver Corp. MIQ has not been paid a fee for Magma Silver Corp. advertising or digital media, but the owner/operators of MIQ also co-own Media Corp. ("BAY") There may also be 3rd parties who may have shares of Magma Silver Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Magma Silver Corp. but reserve the right to buy and sell and will buy and sell shares of Magma Silver Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Magma Silver Corp. Technical information relating to and published by Magma Silver Corp. has been reviewed and approved by Jeffrey Reeder, PGeo, a Qualified Person as defined by National Instrument 43-101. Mr. Reeder is a Technical Advisor of Magma Silver Corp., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Magma Silver Corp. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
The Market Online
35 minutes ago
- The Market Online
Gold Report: Strategic investment stories
Headwater Gold (CSE:HWG) is raising up to C$1 million through a non-brokered private placement, including commitments from Jeff Phillips, President of Global Market Development, and Rick Rule, the world-renown billionaire mining investor and speculator. Click here for the full story. This content has been prepared as part of a partnership with Headwater Gold Inc., Norsemont Mining Inc., Galleon Gold Corp. and SKRR Exploration Inc., and is intended for informational purposes only. By the ounce At the time of writing on Wednesday, the price of gold was US$3,371.60, down from US$3,399.70 per ounce in our August 13th report – according to data from The Globe and Mail – with investors hoping for actionable insights from U.S. Fed Chair Jerome Powell when he unveils a new policy framework at the Kansas City Federal Reserve's annual Economic Policy Symposium, which kicks off on Thursday. This week in gold Rick Rule's latest portfolio top-up wasn't the only notable gold investment to hit the wire this week, with two miners and another high-profile individual investor putting money to work. Rob McEwen, chairman of McEwen Mining (TSX:MUX), made the lead order in a C$1.392 million financing tranche for Norsemont Mining (CSE:NOM), a junior gold explorer with a flagship project housing 2,184,000 gold equivalent ounces indicated and 557,000 gold equivalent ounces inferred. Global gold and silver producer Pan American Silver (TSX:PAAS) invested C$8 million into Galleon Gold (TSXV:GGO), a junior miner advancing a preliminary economic assessment-stage project in Timmins, Ontario, with an indicated and inferred resource of more than 1.5 million ounces of gold. SKRR Exploration (TSXV:SKRR), historically focused on Saskatchewan, completed a reverse takeover of Kenz Global Resources, a private explorer with significant assets in Saudi Arabia. This includes a majority interest in the 99-square-kilometre AM ARTI gold project, where favorable geology within the prolific Arabian–Nubian Shield adds conviction to potential mineralization. Top trending gold stocks Join the discussion: Find out what everybody's saying about the strategic investment stories in this week's gold report on Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Cision Canada
an hour ago
- Cision Canada
HLS Therapeutics Announces New Credit Agreement
TORONTO, Aug. 20, 2025 /CNW/ - HLS Therapeutics Inc. ("HLS" or the "Company") (TSX: HLS), a pharmaceutical company focusing on addressing unmet needs in the treatment of psychiatric disorders and cardiovascular disease, announces that the company has entered into a new Credit Agreement (the "Agreement") with National Bank of Canada ("National Bank") as administrative agent which provides for committed credit facilities denominated in Canadian dollars of up to CAD $107 million (USD ~$77.5 million). National Bank serves as administrative agent and lead arranger, with the Toronto-Dominion Bank, Royal Bank of Canada, and Innovation Federal Credit Union as syndicate members. The Agreement replaced HLS's credit facility with JP Morgan Chase Bank, N.A. which had a maturity date of August 11, 2026. On closing, the proceeds from the new term facility were used to repay the Company's existing credit agreement in full. The new Agreement has a maturity date of August 19, 2029. The Agreement consists of a CAD $79 million term credit facility, a CAD $14 million delayed draw facility and a CAD $14 million revolving credit facility. In addition, HLS can increase facilities further through an uncommitted CAD $40 million accordion facility (subject to Lender agreement). Interest on the Agreement accrues at a rate per month equal to the sum of the Canadian Overnight Repo Rate Average ("CORRA") plus a range of 2.25% to 3.50% depending on the leverage ratio of the Company at the time. Interest rate spreads are 25-50 basis points below the rate in the Company's prior credit agreement, providing improved cash flow through reduced interest expense. The debt is denominated in Canadian dollars, creating a natural currency hedge against the Company's predominantly Canadian operations. In addition to the interest rate spread savings detailed above, HLS will achieve further interest rate savings in excess of 100 basis points based on current market interest rates, as a result of the differential between US dollar and Canadian dollar base rates. "We are pleased to finalize this new credit agreement with National Bank and our syndicate partners, which reflects their confidence in our outlook," said John Hanna, CFO of HLS Therapeutics. "The Agreement delivers improved terms that reflect our strengthened financial position and provides enhanced financial flexibility and cash flow to pursue our capital allocation priorities such as share buybacks and portfolio expansion." ABOUT HLS THERAPEUTICS INC. Formed in 2015, HLS is a pharmaceutical company focused on the acquisition and commercialization of late-stage development, commercial stage promoted and established branded pharmaceutical products in the North American markets. HLS's focus is on products targeting the central nervous system and cardiovascular therapeutic areas. HLS's management team is composed of seasoned pharmaceutical executives with a strong track record of success in these therapeutic areas and at managing products in each of these lifecycle stages. For more information visit: FORWARD LOOKING INFORMATION This release includes forward-looking statements regarding HLS and its business. Such statements are based on the current expectations and views of future events of HLS's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements, including, among others, statements with respect to HLS's pursuit of additional product and pipeline opportunities in certain therapeutic markets, statements regarding growth opportunities and expectations regarding financial performance. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting HLS, including risks relating to the specialty pharmaceutical industry, risks related to the regulatory approval process, economic factors and many other factors beyond the control of HLS. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause HLS's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. A discussion of the material risks and assumptions associated with this release can be found in the Company's Annual Information Form dated March 12, 2025, and Management's Discussion and Analysis dated August 13, 2025, both of which have been filed on SEDAR+ and can be accessed at Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and HLS undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. SOURCE HLS Therapeutics Inc.
