Vancouver, British Columbia--(Newsfile Corp. - November 24, 2023) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") reports its interim condensed consolidated financial results for the three and nine months ended September 30, 2023 ("Q3 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 ("MD&A") for the three and nine months ended September 30, 2023, which are available on SEDAR+ (www.sedarplus.ca) and the Company's website (www.bearcreekmining.com).
Overview - Corporate Developments and Technical Results
Bear Creek's efforts to improve the performance of the Mercedes Gold Mine in Sonora, Mexico ("Mercedes") and to improve the Company's financial condition continued during Q3 2023. Most notably, the Company entered into two significant restructuring agreements to refinance and extend current and near term debt obligations to 2028 and to improve Mercedes' ability to produce free cash flow through a significant reduction of gold and silver stream obligations. The Company also completed two equity raises during and subsequent to the end of Q3 2023. These transactions include: see & read more on
https://www.newsfilecorp.com/release/188577/Bear-Creek-Mining-Reports-Q3-2023-Financial-and-Operating-Results |