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Sierra Madre Announces Extension to First Majestic Loan
Sierra Madre Announces Extension to First Majestic Loan

Yahoo

time5 days ago

  • Business
  • Yahoo

Sierra Madre Announces Extension to First Majestic Loan

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce an amendment to the non-revolving, secured term loan ("Loan") in the amount of US$5 million between the Company and First Majestic Silver Corp. ("First Majestic"); please see Sierra Madre press release dated May 8, 2024 for details of the original loan announcement. The Loan now has a maturity date of May 7, 2027, which represents a 12-month extension of the original term, with no other changes. The Loan bears interest at a rate of 15% per annum with payments of interest only due monthly. In accordance with the original agreement, the Company has deferred payment of the first six months' interest in the amount of US$365,000, which is payable upon maturity of the Loan. The Company may repay the Loan and accrued interest at any time, without penalty. Alex Langer, Sierra Madre's President and CEO, states: "We are very pleased about the extension of this Loan and are grateful for First Majestic's ongoing support. This amendment is expected to provide the flexibility for Sierra Madre to potentially increase plant and mill capacity at our Guitarra silver-gold mine in Mexico's silver belt and also allow us expedite a district-wide exploration program." Sierra Madre also announces that, pursuant to its Stock Option Plan, it has granted stock options to new employees of La Guitarra Compania Minera, S.A. de C.V. and consultants of the Company, to purchase an aggregate of 950,000 common shares of the Company at the price of $0.69 per share for a period of five years from the grant date. The options will vest 1/3 immediately as of the date of grant; 1/3 6 months after the date of the grant; and 1/3 12 months after the date of the grant. This stock option grant is subject to acceptance by the TSX Venture Exchange. About Sierra Madre Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) is a precious metals development and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted underground mine, which includes a 500 t/d processing facility that operated until mid-2018 and restarted commercial production in January 2025. The +2,600 ha Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource. Sierra Madre's management team has played key roles in managing the exploration and development of silver and gold mineral reserves and mineral resources. Sierra Madre's team of professionals has collectively raised over $1 billion for mining companies. On behalf of the board of directors of Sierra Madre Gold and Silver Ltd., "Alexander Langer"Alexander LangerPresident, Chief Executive Officer and Director778-820-1189 Contact:investor@ Cautionary Note Regarding Forward-Looking Information 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 news release. This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements include, without limitation, statements regarding discussions of future plans, including the expected timing of concentrate shipments; the Company increasing production; the Company receiving revenues on a weekly basis and such revenues allowing the Company to comfortably expand to without further capital needs; production and the expected timing and production levels thereof. The forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that predicted production levels will be achieved and that existing production levels will be maintained. In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will be able to execute its future plans as intended, that predicted production levels will be achieved and that existing production levels will be maintained. Although management of the Company has attempted identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. SOURCE: Sierra Madre Gold and Silver Ltd. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Puerto Vallarta Shines as a Top Summer Destination for American Travelers
Puerto Vallarta Shines as a Top Summer Destination for American Travelers

Globe and Mail

time7 days ago

  • Business
  • Globe and Mail

Puerto Vallarta Shines as a Top Summer Destination for American Travelers

From sea turtle releases and jungle excursions to award-winning dining without the crowds, this is the season to experience Mexico's Pacific paradise for less NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- As American travelers plan their summer getaways, Puerto Vallarta continues to secure its status as a must-visit international hotspot. According to the latest Allianz Partners USA report, nearly a third, or 29%, of U.S. flights are bound for international locales this summer, with Mexico claiming three of the top 10 destinations. Among these, Puerto Vallarta stands out for its seamless blend of natural beauty, cultural richness and abundance of outdoor adventures. This vibrant city, tucked between the Sierra Madre Mountains and Banderas Bay on Mexico's Pacific coast, is a premier beach vacation destination supported by 27 direct air routes from the U.S. Summer visitors are rewarded with lush green landscapes, fewer crowds and valuable savings on both accommodations and activities, making it a perfect time to experience the city's signature mix of adventure, relaxation and charm. WHAT TO DO Sea Turtle Releases: From July through December, the city's beaches become the setting for one of nature's most moving events: the release of sea turtle hatchlings. Guided by marine biologists and conservation experts, these sunset events invite visitors to witness hatchlings make their way to the ocean, while learning about the species' biology and the importance of protecting their fragile ecosystems. Guests can take part in releases at participating hotels including Marriott Puerto Vallarta Resort & Spa and Hyatt Ziva Puerto Vallarta, both recognized for their longstanding conservation efforts. Boca de Tomates Turtle Camp offers a hands-on experience that includes adopting nests and assisting with releases, while tour operators such as Wildlife Connection and Ecotours Vallarta lead small-group excursions that help fund critical preservation work. Explore Lush Landscapes: Summer rains transform Puerto Vallarta into a lush, green escape, creating perfect conditions for outdoor exploration. Canopy River leads adrenaline-filled adventures through the Sierra Madre Mountains, including ziplining, ATV rides and suspension bridge treks. For a quieter experience, scenic hikes like the coastal trail from Las Ánimas to Quimixto offer sweeping ocean views and the chance to spot local wildlife. South of the city, the Vallarta Botanical Gardens span 46 acres of native flora, riverside swimming spots and peaceful walking paths, making it a favorite for nature lovers. Dining Without the Crowds: With fewer travelers in town, summer is the ideal time to explore the city's celebrated culinary scene. Acclaimed restaurants such as ICÚ, known for contemporary tasting menus that reimagine traditional Mexican dishes with regional influences; Tintoque, a chic destination for modern Mexican cuisine; and MAKAL, in the heart of the Romantic Zone and praised for its creative, ingredient-driven approach, serve innovative dishes in refined yet relaxed settings. The quieter pace allows guests to savor world-class cuisine without the usual wait. WHERE TO STAY As Puerto Vallarta enters its low season, travelers can take advantage of summer deals on accommodations across the city. For Families: Velas Vallarta This beachfront all-inclusive resort in the heart of Marina Vallarta offers serene views of the Sierra Madre Mountains and is a favorite for multigenerational vacations. Families enjoy spacious suites, three pools, a kids' club and daily entertainment. The Summer Presale 2025 package, available to book through June 3 for travel from June 1 to August 31, includes complimentary stays for children ages 4 to 12, 50% off for teens, a suite upgrade, $300 in resort credit, discounts on golf, early check-in or late check-out and the signature Kawitu Experience. For Couples: Villa Premiere Boutique Hotel & Romantic Getaway An adults-only property in the heart of Puerto Vallarta, just steps from the iconic Malecon esplanade, Villa Premiere blends oceanfront luxury with personalized service. As part of the Flowers & Sea special, guests receive 20% off bookings made through June 20, valid for travel through January 3, 2026. The experience includes butler service, rejuvenating spa treatments, themed dinners with live entertainment on select nights and a serene beachfront setting designed for a stylish and relaxing escape. For LGBTQ+ Travelers: ALMAR Resort Located in the heart of the Romantic Zone (often referred to as the 'Gayborhood'), ALMAR Resort is the city's only luxury LGBTQ+ beachfront property, known for its Oceanview suites, lively pool scene and inclusive atmosphere. From July 25 to 28, it will host the inaugural POSH PVR Escape, a three-day celebration of music, themed parties and curated experiences. POSH is internationally known for its high-energy events at Art Basel, Fashion Weeks in New York and Paris, and Pride celebrations in Los Angeles, Atlanta and New York. For Luxury Seekers: Casa Kimberly Once the former residence of Elizabeth Taylor, this intimate nine-suite boutique hotel captures the charm of old Hollywood glamour paired with modern indulgence. The Hot Nights, Cool Savings promotion adds value to luxury stays from July 1 through October 31, with a third night free when booking two. The package also includes a deluxe continental breakfast delivered each morning and welcome margaritas upon arrival. About Puerto Vallarta Nestled between the rugged Sierra Madre Mountains and Banderas Bay on Mexico's balmy Pacific coast, Puerto Vallarta is the quintessential Mexican beach destination. Puerto Vallarta's year-round warm climate, easy direct access from major markets in the United States and Canada, and a range of accommodation options have made it a top choice for a stress-free tropical escape. Authentic culture can be discovered around every corner in Puerto Vallarta, from the charming cobblestone streets downtown to the art-filled Malecon, and the lively Romantic Zone – a favorite enclave amongst LGBTQ+ travelers. Puerto Vallarta's picturesque beaches and aquatic activities lure travelers, and its welcoming hospitality, top-notch gastronomy, and outdoor adventures keep them coming back time and time again.

The Mayan languages spreading across the US
The Mayan languages spreading across the US

BBC News

time22-05-2025

  • Entertainment
  • BBC News

The Mayan languages spreading across the US

Immigrants from Mexico and Central America are taking their ancient languages to new territories. Three days had passed since Aroldo's father died. Aroldo was still mourning, and he couldn't even bring himself to tend the cornfields his father had left him in their community in San Juan Atitán, Guatemala. At dinner, as he stared into the flames of the wood stove, feeling the weight of loss on his chest, he told himself it was time to breathe fresher air. Turning to his mother, who was quietly eating beside him, he said in Mam, the Mayan language spoken in their town: "Nan, waji chix tuj Kytanum Me​​ẍ," – "Mum, I want to go to the white men's nation," meaning, the United States. In Mam, his mother told him she would set things up, but first, he had to wait until the mourning period was over. A year later, with cousins in California willing to host him, Aroldo set out (the BBC has chosen not to name him in full to protect his identity). It took him more than four months to descend the slopes of the Sierra Madre, cross the deserts of Mexico and Arizona and reach the San Francisco Bay Area. "[My father's] death put life in front of me and made me realise it was time to face it by myself," says Aroldo, in Spanish, which he also speaks. Behind him, a photo of his father, wearing a traditional hat and hand-knitted magenta shirt under a black capixay of San Juan Atitán, guards him on a chilly December night in the Bay Area. One of the few things Aroldo took with him was his language, Mam, whose roots reach far back into the Mayan civilisations that ruled over Central America thousands of years ago. Today, Mam and other Mayan languages are expanding their reach, as indigenous people from Mexico, Honduras, El Salvador and Guatemala are spreading them in the US through immigration. In fact, in recent years, Mayan languages, originally spoken across the Yucatán Peninsula, have grown so common in the US that two of them, K'iche' (or Quiche) and Mam, now rank among the top languages used in US immigration courts. The rise of these indigenous languages in Latin American immigrant communities in the US is only beginning to be fully understood, experts say – and has important implications for the communities and their needs. The San Francisco metropolitan area is one of the top destinations for Latin American immigrants. One in four of the Bay Area's more than seven million residents are Latinos, most with roots in Mexico and Central America, according to calculations based on US Census Bureau data.* The US government counts them all as Hispanic upon entering the country, a term denoting people from Spanish-speaking countries, even though for some of these migrants – like Aroldo – Spanish is not their mother tongue, but what they use to talk to those outside of their home villages. Others don't even speak Spanish at all, and only speak their indigenous language, according to several Mayan immigrants and experts interviewed for this article. "Many Mam speakers come to the US and have a different set of needs, experiences and histories than monolingual Spanish speakers and those not from indigenous cultures," says Tessa Scott, a linguist specialising in the Mam language at the University of California, Berkeley. "If you call everyone from Guatemala 'Hispanic', you might assume everyone in that group speaks Spanish fluently, and they don't." In California, a new law passed in 2024 requires state agencies to collect more detailed data on Latin American immigrants' preferred languages, including indigenous languages such as K'iche' and Mam, in order to better understand and meet their needs. Besides needing different interpreters, Mayans and other indigenous immigrants face unique challenges that mestizo or white Latin Americans don't, and that often go unnoticed when all are covered under the blanket term "Hispanic", Scott says. "Indigenous Guatemalans, many from Mayan cultures like Mam, frequently face intense discrimination and violence by people in a different social category, and this is what often drives them to come to the US, where they may seek asylum," she says. Labelling all Latin Americans as Hispanic can hide these complex social, cultural and ethnic hierarchies, and prevent asylum seekers from receiving specialist services such as legal help and trauma support, she adds. The growth of Mayan communities in the US has also given their ancient languages new platforms, adding to a long and rich history. Though the ruins and carved hieroglyphs of ancient Mayan cities may seem like relics of a long-lost civilisation, many Mayan communities survived the Spanish conquest of the 16th Century and preserved their culture and languages. In places like the Bay Area, you can now find Mayan languages on the radio, in local news outlets or even in classrooms. "We are as involved with the world as any other society," says Genner Llanes-Ortiz, a Maya scholar at Bishop's University in Canada. "We continue to speak our languages and use them not just to write our history, but to write new ways to deal with what affects us." Mayan words have also long made their way into different languages, through loanwords tied to Mayan inventions. Cigars and chocolate When the Spanish landed on the coasts of the Yucatán Peninsula in the 16th Century, they found around a dozen Mayan city-states tied to a shared past but also facing deep divisions. Some Mayan rulers saw the arrival of the Spanish as an opportunity to settle old tensions and allied with the Europeans to crush their rival cities. Learning the languages spoken in the area was crucial for the Spanish wishing to maintain these new alliances. And, once the Peninsula was conquered, they used the local languages to evangelise, administrate and create a new society. In his travels throughout the Americas, Fray Bartolomé de las Casas, the Spanish missionary, described a widespread local custom: "sipping" and "sucking" burning herbs. In Mayan culture, tobacco was smoked and drunk in rituals. The act of smoking those "dried herbs stuffed into a certain leaf", as de las Casas put it, was named siyar in ancient Mayan, which later evolved into the Spanish cigarro and, much later, into the English word cigar, to describe a roll of tobacco leaves. Another Mayan word that slipped into other languages is cacao, the beans that make up chocolate and that de las Casas himself introduced to Europe in 1544. Today, more than 30 Mayan languages exist and are spoken by at least six million people worldwide. Although some, like Chicomuseltec and Choltí, have disappeared or are close to extinction, others, like K'iche', Yucatec and Q'eqchi, have around a million speakers each. They all come from the same language, Proto-Mayan, spoken before about 2000 BCE. They are so different from one another, however, that speakers of Mam, which has around half a million speakers, can't understand K'iche', and Yucatecans can't understand Mam. Of Yucatec, Aroldo says, "it's like German to me" – a language he doesn't speak at all. For nearly 2,000 years, Mayan languages had their own writing system, known as Classic Maya. Composed of hieroglyphs, it was only used by those at the top of the social pyramid. "If we want to make a historical equivalency, we can compare Classic Maya to Latin," says Llanes-Ortiz. "It was a prestige language. It was spoken by the elites, while the rest of the population spoke their own language that, little by little, mixed with Latin." The Spanish missionaries deemed hieroglyphs pagan, and systematically purged them. The sons and daughters of the Mayan elites were forced to abandon hieroglyphic writing and learn to use the Latin alphabet, and most of the books written by that time, known as codices, were destroyed. But the oral languages were tolerated, and under a new robe – the Latin alphabet – have survived until the present day. "The use of Mayan languages was so common and widespread during colonial times that community acts, balance sheets, wills, political declarations, memorials were all written in them, but everything was in Latin characters that remain in the archives of the city of Seville," says Llanes-Ortiz. "Even after Mexico's independence from Spain, Mayan languages continued to be used as lingua franca throughout the Yucatán Peninsula." Western scholars began to study the Mayan hieroglyphs, long suppressed by the Spanish, in the 19th Century. While American and Russian linguists made significant progress in deciphering them throughout the 20th Century, Llanes-Ortiz says that huge breakthroughs were reached in the 2000s when Mayan scholars and speakers were included in the conversation. It was then that researchers understood that hieroglyphs represented not just complex concepts, but also syllables forming words. The involvement of native speakers has advanced the study of Mayan languages, while inspiring a new generation of Mayans to reclaim hieroglyphic writing. Groups like Ch'okwoj or Chíikulal Úuchben Ts'íib are hosting workshops, and making t-shirts and mugs using ancient Mayan glyphs to resuscitate them and transmit them to future generations. Mayan languages move north Aroldo was five when he watched his first cousins leave San Juan Atitán for the US. He wouldn't see them again for years, but he listened to their voices on the cassette tapes they sent every now and then telling stories of a foreign land. The first Mayans known to reach the US, Llanes-Ortiz says, came as part of the Bracero Program, which brought Mexican workers to replace Americans who left to fight in World War Two. But the largest waves came decades later, in the late 1990s and 2000s, when Latin American migration began to peak. Guatemalans living in the US went from 410,000 in 2000 to 1.8 million in 2021, all coming from a country of only 17 million. Among these migrants are many Mayans who have settled in states like Florida and California. "The first migrants went to the US, tested the waters and saw how you could earn real money. Then they told their Mam friends, who followed, and soon, they began pulling others," says Silvia Lucrecia Carrillo Godínez, a Mam teacher living in San Juan Atitán, speaking in Spanish. Migration has transformed San Juan from a corn- and bean-growing economy to one reliant on remittances, much like the rest of Guatemala. Today, nearly one in five Sanjuaneros moves to Mexico or the United States for better-paying jobs. "Migration is what sustains our village," says Carrillo Godínez. "The advice of the Mam people in the US to those here is learn to add, subtract, a little Spanish and go to the United States. It's the only way to progress." For decades, Mayan immigrants in San Francisco settled in the Mission District. But, as housing costs soared in the 2000s and 2010s, many moved to the East Bay, particularly the cities of Oakland and Richmond. "There is a direct line to Oakland," says Scott, the linguist. "When I go to San Juan Atitán, and people ask me where I'm from, I don't say the US or California; but I say Oakland, and they know exactly where I'm from." Aroldo has found a local community tied together by Mam and Mayan traditions. They celebrate traditional events and festivals, and help each other through neighbourhood committees. Occasionally, he receives a WhatsApp message in Mam: At jun xjal yab' – someone is sick; or At jun xjal ma kyim – someone has passed. Like many migrants, Aroldo sees his time in California as temporary – it's a place to work until he can return to San Juan Atitán to build a home for his family. Although he still mourns his father and misses his family back home and the fog-shrouded mountains of his childhood, he finds solace in Mam. "There are so many paisanos (countrymen) here that I rarely feel nostalgic. Language makes it harder to miss your land," he says. That's why he always reminds his nephew, who attends an English-speaking school in the East Bay, to speak Mam at home. "First comes Mam, then Spanish, then English," he tells him. * The calculation for the Bay Area was made based on data from the US Census Bureau on the Hispanic population in the nine counties of the Bay Area and their country of origin. --

Death of 90s sitcom actress being investigated by homicide detectives: report
Death of 90s sitcom actress being investigated by homicide detectives: report

Yahoo

time29-03-2025

  • Entertainment
  • Yahoo

Death of 90s sitcom actress being investigated by homicide detectives: report

A former actress has been identified as the woman whose death is being investigated as a potential homicide in Malibu. Police say a woman was found on Westlake Boulevard and transported to a local hospital, where she died on Monday. According to TMZ, the woman has been identified as 58-year-old actress Cindyana Santangelo. She's best known for a role in the 1990s sitcom 'Married … With Children,' where she played Jiggly Room dancer Sierra Madre. Her cause of death remains unknown, pending an autopsy. Homicide detectives with the Los Angeles County Sheriff's Department are investigating the death. TMZ reports that no signs of foul play have been found thus far. In addition to her role on 'Married … With Children,' Santangelo was also known for her appearances on 'CSI: Miami' and 'ER.' No additional details were immediately made available. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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