Bear Creek Mining ( (TSE:BCM) ) just unveiled an update.
Bear Creek Mining Corporation announced the retirement of two directors, Andrew Swarthout and Sandra Daycock, from its Board of Directors. Swarthout, a founder and former CEO, and Daycock, a director since 2023, have been acknowledged for their contributions. Additionally, the company is progressing with debt amendments and a credit extension agreement with Equinox Gold Corp. and Sandstorm Gold Ltd., which are subject to approval by the TSX Venture Exchange. These financial arrangements aim to defer certain interest payments and extend up to $6.5 million in credit, potentially impacting the company’s financial stability and operational flexibility.
More about Bear Creek Mining
Bear Creek Mining Corporation is a company operating in the mining industry, primarily focused on the exploration and development of precious metals. The company is listed on the TSX Venture Exchange, OTCQX, and BVL, and collaborates with partners such as Equinox Gold Corp. and Sandstorm Gold Ltd.
YTD Price Performance: -47.41%
Average Trading Volume: 167,369
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $34.16M
For detailed information about BCM stock, go to TipRanks’ Stock Analysis page.