Company Press Releases

Sierra Metals Responds to Most Recent Claims Made by Shareholder

2023-05-18 / @businesswire

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”) and its principal, Alberto Arias on May 15, 2023 (the “ARC News Release...Read More

Sierra Metals Reports Continued Improved Financial Results for the First Quarter Of 2023

2023-05-15 / @businesswire

Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") today reported financial results for the three-month period ended March 31, 2023, including revenue of $58.5 million and adjusted EBITDA(1) of $15.2 million on throughput of 577,284 tonnes and metal production of 1...Read More

REPEAT - Arias Resource Capital Corrects Record on Sierra Metals' Failed 2021 Strategic Review Process and Kolpa Transaction Discussions

2023-05-15 / @GlobeNewswire

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

Arias Resource Capital Publishes Information Circular to Highlight the Urgent Case for Change at Sierra Metals

2023-05-12 / @GlobeNewswire

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 Responds to Latest Misleading Statements by Shareholder

2023-05-12 / @businesswire

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

Arias Resource Capital Focuses on the Facts Regarding Sierra Metals with ProtectYourSierraInvestment.com

2023-05-09 / @GlobeNewswire

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 Subsidiary in Peru, Sociedad Minera Corona Reports Q1 2023 Financial Results

2023-05-03 / @businesswire

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

Arias Resource Capital Proposes Five Nominees for Sierra Metals Board

2023-05-02 / @GlobeNewswire

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 Comments on Proposal by Shareholder

2023-05-02 / @businesswire

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

Arias Resource Capital Proposes Five Nominees for Sierra Metals Board

2023-05-02 / @newswire

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

Arias Resource Capital Proposes Five Nominees for Sierra Metals Board

2023-05-01 / @newswire

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 Reports Strong Q1 2023 Production Results Driven by Bolivar

2023-04-25 / @businesswire

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

CORRECTING and REPLACING - Sierra Metals Announces Fourth Quarter & Year End 2022 Consolidated Financial Results

2023-03-29 / @businesswire

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 Announces Fourth Quarter & Year End 2022 Consolidated Financial Results

2023-03-28 / @businesswire

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 Announces Refinancing Agreement and Ongoing Discussions to Allow for Flexibility on Debt Repayment for 2023

2023-03-13 / @businesswire

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 Subsidiary in Peru, Sociedad Minera Corona Reports Q4 and Full-year 2022 Financial Results

2023-02-16 / @businesswire

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 Reports Q4 and Full Year 2022 Production Results, Reflecting Improved Performance at Its Bolivar Mine

2023-01-26 / @businesswire

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 Announces Appointment of Interim CFO

2023-01-16 / @businesswire

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 to Complete Voluntary Delisting From BVL

2022-12-15 / @businesswire

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 Announces Appointment of Interim CEO

2022-11-28 / @businesswire

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

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