Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2025 Financial Results
TORONTO — Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF | BVL: SMT) ('Sierra Metals' or 'the Company') announces the filing at the Lima Stock Exchange ('BVL') by its subsidiary, Sociedad Minera Corona S.A. ('Corona') of its unaudited Financial Statements and the Management's Discussion and Analysis ('MD&A') for the second quarter of 2025 ('Q2 2025').
Article content
The Company holds an 81.84% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at:
Article content
SMV — Superintendencia del Mercado de Valores — Información Financiera
Article content
To search for the Company's financial statements, enter the following parameters in the empty fields:
Article content
Empresa:
Article content
Sociedad Minera Corona S.A.
Article content
Periodo:
Article content
2025 and Trimestre II
Article content
About Sierra Metals
Article content
Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. The Company is intent on safely increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries and still has many more exciting brownfield exploration opportunities in Peru and Mexico that are within close proximity to the existing mines. Additionally, the Company has large land packages at each of its mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.
Article content
Article content
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
22 minutes ago
- National Post
Spanish Mountain Gold Announces Brokered Private Placement for up to $5,000,000
Article content Not for distribution to United States Newswire Services or for dissemination in the United States Article content VANCOUVER, British Columbia — Spanish Mountain Gold Ltd. (the ' Company ' or ' Spanish Mountain Gold ') (TSX-V: SPA) (FSE: S3Y) (OTC: SPAUF) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (' Red Cloud ') to act as lead agent and sole bookrunner in connection with a 'best efforts' private placement (the ' Offering ') for aggregate gross proceeds of up to C$5,000,000 from the sale of the following: Article content Article content up to 20,689,655 units of the Company (each, a ' Unit ') at a price of C$0.145 per Unit, for gross proceeds of up to $3,000,000 from the sale of Units; and up to 12,121,212 flow-through share units of the Company (each, a ' FT Unit ', and together with the Units, the ' Offered Securities ') at a price of C$0.165 per FT Unit, for gross proceeds of up to $2,000,000 from the sale of FT Units. Article content Each Unit will be comprised of one (1) common share in the capital of the Company (each, a ' Common Share ') and one (1) Common Share purchase warrant (each, a ' Warrant '). Each Warrant will entitle the holder thereof to acquire one (1) additional Common Share (each, a ' Warrant Share ') at a price of C$0.22 per Warrant Share, for a period of 36 months from the Closing Date (as defined herein). Each FT Unit will be comprised of one (1) Common Share to be issued as a 'flow-through share' within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a ' FT Share ') and one-half of one Common Share purchase warrant (each whole warrant, a ' FT Unit Warrant '). Each FT Unit Warrant will entitle the holder thereof to acquire one (1) additional Common Share to be issued on a non-flow-through basis (a ' FT Unit Warrant Share ') at a price of C$0.22 per FT Unit Warrant Share, for a period of 36 months from the Closing Date. Article content The Company will grant to Red Cloud an option, exercisable in full or in part, up to 48 hours prior to Closing Date, to sell up to an additional C$1,000,000 of gross proceeds in any combination of the Offered Securities (the ' Agent's Option '). Article content Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 Prospectus Exemptions (' NI 45-106 '), the Units will be offered for sale to purchasers resident in the provinces of Alberta, British Columbia, Manitoba, Ontario and Saskatchewan (the ' Canadian Offering Jurisdictions '), pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ' Listed Issuer Financing Exemption '). The securities of the Company issuable from the sale of such Units will not be subject to a statutory hold period in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units may also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended (the ' U.S. Securities Act '), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. All securities not issued pursuant to the Listed Issuer Financing Exemption will be subject to a restriction period of four (4) months following the Closing Date, in accordance with applicable Canadian securities legislation. Article content The FT Units will be offered by way of the 'accredited investor' and 'minimum amount investment' exemptions under NI 45-106 in the Canadian Offering Jurisdictions. The securities of the Company issuable from the sale of such FT Units will be subject to a restriction period of four (4) months following the Closing Date, in accordance with applicable Canadian securities legislation. Article content The Company intends to use the net proceeds from the Offering for exploration and development work at the Company's Spanish Mountain Gold Project in the Cariboo Gold Corridor in British Columbia as well as for working capital and general corporate purposes. Gross proceeds from the sale of FT Shares will be used to incur 'Canadian exploration expenses' as defined in subsection 66.1(6) of the Income Tax Act (Canada) and 'flow-through mining expenditures' as defined in subsection 127(9) of the Income Tax Act (Canada) (or would so qualify if the references to 'before 2026' in paragraph (a) of the definition of 'flow-through mining expenditure' in subsection 127(9) of the Tax Act were read as 'before 2027' and the references in paragraphs (c) and (d) of that definition to 'before April 2025' were read as 'before April 2026'). Such gross proceeds will be renounced to the purchasers of the FT Units with an effective date not later than December 31, 2025, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of the FT Shares. Article content The Offering is anticipated to close on or about August 27, 2025 or such other date as the Company and Red Cloud may agree (the ' Closing Date '). Completion of the Offering is subject to certain customary closing conditions including, but not limited to, receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. Article content There is an offering document (the ' Offering Document ') related to the Offering that can be accessed under the Company's profile at and on the Company's website at Prospective investors should read this Offering Document before making an investment decision. Article content The securities referred to in this news release have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the Company and management, as well as financial statements. 'United States' and 'U.S. person' have the respective meanings assigned in Regulation S under the U.S Securities Act. Article content About Spanish Mountain Gold Ltd. Article content Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project (Project) towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. The Company will publish, within 45 days of the July 3, 2025 Preliminary Economic Assessment (PEA) news release, a new NI 43-101 Technical Report setting out the new executable vision to advance the Project. This new NI 43-101 Technical Report, with a de-risked and optimized PEA with an updated Mineral Resource Estimate (MRE), will supersede the prior technical report of the Company. Upon receipt of the new PEA and updated MRE, the Company will decide the next steps to advance the Project to position the Company to make a construction decision in or before 2027. We are striving to be a leader in community and Indigenous relations by leveraging technology and innovation to build the 'greenest' gold mine in Canada. The Relentless Pursuit for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities. Details of the Company are available on and on the Company's website: Article content Spanish Mountain Gold Ltd. Article content 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. Article content When used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information (collectively referred to as 'forward-looking information'. Although the Company believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in forward-looking information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking information in this press release include, amongst others: the terms of the Offering, the anticipated closing date of the Offering, the ability of the Company to complete the Offering, the approval of the closing of the Offering by the TSX Venture Exchange, the issuance of the Offered Securities, the intended use of proceeds of the Offering and filing of the Offering Document. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in the forward-looking information. Article content By their nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking information. Such factors include, among others: currency fluctuations; limited business history; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable). The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Article content The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, are subject to change after such date. The Company does not undertake to update this information at any particular time except as required in accordance with applicable laws. Article content Article content Article content Article content Contacts Article content For more information, contact: Article content Article content Article content
National Post
22 minutes ago
- National Post
Harvey Announces Canadian Expansion, Establishes New Roots in Toronto
Article content Harvey Expands Global Footprint with Commitment to Local Hiring and Innovation in Canada's AI Tech Sector Article content TORONTO — Harvey, a leading AI platform for legal and professional services, today announced its deepening investment in Canada with the opening of a new hub in Toronto in October. As part of its global growth strategy, Harvey is making a long-term investment in the Canadian market, starting with hiring locally across engineering and sales to serve the unique needs of Canadian legal professionals. Article content Recognizing that Toronto is home to top-tier engineering talent, strong academic institutions, and a thriving AI community, Harvey is looking to hire for over 20 roles across engineering and sales. Establishing a local presence will allow the company to tap into Canadian talent and continue to scale the platform with speed, performance and security. Article content Harvey is already working with some of Canada's most respected law firms, including Davies and Gowling WLG, highlighting strong product-market fit and underscoring the demand for secure, purpose-built AI solutions. The new office will help Harvey collaborate even more closely with firms to shape the future of legal work. Article content 'Canada is not just a market for Harvey, it's a place we're thrilled to be building in,' says Winston Weinberg, CEO and Co-Founder of Harvey. 'We're investing in local talent, partnering with leading firms, and embedding ourselves in the country's tech ecosystem. Toronto offers everything we look for in a growth hub: world-class infrastructure, exceptional talent, and a legal community eager to innovate.' Article content Harvey's platform streamlines legal workflows by combining advanced language models with deep legal expertise. Its tools enable lawyers to draft, strategize, and synthesize across vast datasets; collaborate securely on projects; surface insights from both proprietary and public legal sources; and automate complex, recurring legal tasks. All of this is delivered through a secure infrastructure. Article content 'Toronto will become a core development engine for Harvey. We're building critical infrastructure, expanding engineering capacity, and integrating Canadian technical leadership directly into our product lifecycle,' says Siva Gurumurthy, Chief Technology Officer. By establishing a permanent presence in Toronto, Harvey is positioning Canada as a core part of its product roadmap. This is only the beginning of the company's commitment to building locally, growing nationally and contributing meaningfully to the evolution of AI in legal and professional services globally. Article content About Harvey Article content Article content Article content Media Contact: Article content Article content Article content
National Post
an hour ago
- National Post
Euna Solutions Wins 2025 AWS Champions Award for AI Innovation in Public Sector Procurement
Article content Euna Procurement's AI project summaries & keywords feature transforms the public bidding experience for government agencies and suppliers Article content ATLANTA & TORONTO — Euna Solutions®, a leading provider of purpose-built, cloud-based solutions for the public sector, today announced it has been named a 2025 AWS Champions Award winner for its groundbreaking use of artificial intelligence to modernize the public sector bidding process. Article content Powered by AWS's secure and scalable AI/machine learning infrastructure, Euna Solutions' latest innovation — AI Project Summaries & Keywords — is transforming how public procurement professionals and suppliers interact with complex bid opportunities. Available through Euna Procurement, the feature automatically generates clear, concise project descriptions and relevant keyword metadata from lengthy and technical RFx documents. Article content 'Public procurement plays a critical role in how communities access goods and services,' said Tom Amburgey, CEO of Euna Solutions. 'By leveraging the power of AWS and generative AI, we're reducing complexity and making it easier for suppliers to engage, which helps agencies increase competition and improve outcomes for the people they serve.' Article content Streamlining Procurement for All Article content Procurement teams have long struggled with inefficient manual processes, unclear project descriptions, and mismatched bids. Euna Procurement's AI Project Summaries address these challenges by: Article content Instantly summarizing dense bid documents into digestible, actionable content Auto-tagging projects with accurate, searchable keywords to improve discoverability Saving procurement staff time by automating repetitive content creation Helping suppliers quickly determine bid relevance and respond more confidently Article content The result is a more accessible and transparent procurement process that boosts supplier participation and drives stronger competition. Article content The AWS Champions Award recognizes organizations that use AWS technologies to drive meaningful transformation. Euna's award-winning AI Project Summaries exemplify how targeted innovation can eliminate longstanding friction in the procurement cycle and deliver real-time value for agencies, suppliers, and taxpayers alike. Article content About Euna Solutions Article content Euna Solutions® is a leading provider of purpose-built, cloud-based software that helps public sector and government organizations streamline procurement, budgeting, payments, grants management, and special education administration. Designed to enhance efficiency, collaboration, and compliance, Euna Solutions supports more than 3,400 organizations across North America in building trust, enabling transparency, and driving community impact. Recognized on Government Technology's GovTech 100 list, Euna Solutions is committed to advancing public sector progress through innovative SaaS solutions. To learn more, visit Article content Article content Article content Article content Contacts
