MIAMI, May 15, 2023 (GLOBE NEWSWIRE) -- Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P. (the “Nominating Shareholders”), together with other affiliates of Arias Resource Capital and its principal (together with the Nominating Shareholders,...Read More
As the largest shareholder, Arias Resource Capital has proposed a five-director slate for the Sierra Board, having prior experience in transforming Sierra Metals into a profitable US$600mm+ market cap Company.Arias Resource Capital holds approximately 27% of the shares of Sierra Metals and i...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) today issues a statement in response to recent communications materials issued by its shareholder Arias Resource Capital (“ARC”), including a news release ARC issued on May 9, 2023 (the ȁ...Read More
Shareholders are reminded that Sierra Metals’ market capitalization has plummeted over 90% in less than two years since Arias Resource Capital representatives left the Sierra Board.In sharp contrast, Sierra Metals shareholders saw total positive returns of 93.12% as recently as FY20 (...Read More
Sierra Metals Inc. (TSX: 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...Read More
Slate to Oversee Turnaround and Restore Sierra Metals to its Former Track-Record of Prosperity and Value Creation Nomination comes from Sierra’s largest shareholders as Sierra continues to underperform operationally, faces an unsolved financial crisis, and struggles to meet its debt...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) today issues a statement in response to the news release issued by its shareholder Arias Resource Capital (“ARC”) on May 1, 2023 (the “ARC Proposal”). The Company welcomes inpu...Read More
Slate to Oversee Turnaround and Restore Sierra Metals to its Former Track-Record of Prosperity and Value Creation Nomination comes from Sierra's largest shareholders as Sierra continues to underperform operationally, faces an unsolved financial crisis, and struggles to meet its debt obligatio...Read More
Slate to Oversee Turnaround and Restore Sierra Metals to its Former Track-Record of Prosperity and Value Creation Nomination comes from Sierra's largest shareholders as Sierra continues to underperform operationally, faces an unsolved financial crisis, and struggles to meet its debt obligatio...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) is pleased to announce first quarter 2023 production results from its three underground mines in Latin America: the Yauricocha polymetallic mine in Peru, the copper-producing Bolivar mine and the silver-pro...Read More
On March 29, 2023, Sierra Metals Inc. refiled its press release for the year ended December 31, 2022 to correct misaligned table figures in the 2023 Production Guidance table. The updated release reads: SIERRA METALS ANNOUNCES FOURTH QUARTER & YEAR END 2022 CONSOLIDATED FINANCIAL RESULT...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announces fourth quarter and year-end 2022 consolidated financial results. All amounts are in US dollars, unless otherwise noted. Fourth Quarter and Year-End 2022 Operating and Financial Highlights Reven...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announced today that the Company, Banco de Credito del Peru and Banco Santander S.A. (together, the “Lenders”) are engaged in advanced discussions on terms to refinance $18,750,000 of the $25,...Read More
Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") announces the filing at the BVL by its subsidiary, Sociedad Minera Corona S.A. ("Corona") of its unaudited Financial Statements and the Management’s Discussion and Analysis ("MD&A") f...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) reports fourth quarter and full year 2022 production results. Results are from Sierra Metals’ three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, the copper-producing...Read More
Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announced today the departure of Mr. Ed Guimaraes, the Chief Financial Officer (“CFO”) of the Company, and the appointment of Mr. José Fernández-Baca as Interim CFO. Mr. Oscar Cabre...Read More
Sierra Metals Inc. (TSX:SMT) (“Sierra Metals” or the “Company”) announces that on December 13, 2022, the Peruvian Stock Market Superintendent (SMV) issued Resolution Nº 087-2022-SMV/11.1. This confirms the removal of the Company’s securities from the Stock Ma...Read More
Sierra Metals Inc. (TSX:SMT) (BVL:SMT) (“Sierra Metals” or the “Company”) announced today the resignation of Mr. Luis Marchese as the Chief Executive Officer and a Director of the Company, and the appointment, effective immediately, of Mr. Ernesto Balarezo Valdez as Inte...Read More
Footnote (3) following the first table of release dated November 14, 2022 should read: (3) The negative working capital is largely due to the reclassification of the long-term portion of the credit facility as current, resulting from the breach of certain debt covenants as at September 30, 2022. Th...Read More
Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (“Sierra Metals” or the “Company”) will host a conference call on Wednesday November 16th, 2022, at 8:00am EST to provide attendees the opportunity to ask questions with respect to the Company’s...Read More