Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Gold price increased by $191 per ounce and silver price decreased by $3 per ounce.
  • The company completed two "at the market" offerings totaling $150.0 million in 2023.
  • Outstanding contracts for 94,500 ounces of gold and 3.1 million ounces of silver were reported.
  • The company exchanged $76.0 million of Senior Notes for 25.2 million shares of common stock.
  • Exploration and underground mine development program ongoing to extend mine life.
  • Ongoing cybersecurity incidents and risks associated with information technology systems.
  • Legal actions challenging recent amendments to mining laws in Mexico could impact operations.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=215466&owner=exclude

Click here to download the PDF

This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.