Day: February 10, 2025

Defiance Silver Corp. (Feb 11, 2025) closed the second tranche of a private placement, raising C$1,560,600 via 7,803,000 units at C$0.20 each (each unit: 1 share + ½ warrant at C$0.35/24 months). Combined with first tranche (C$732,200), total C$2,292,800; third tranche planned for overall C$3.3M. Proceeds for exploration and working capital.

Capitan Silver Corp. revised warrant terms for its C$5.3M private placement (13.25M units at C$0.40 each), adding an acceleration clause: warrants (exercisable at C$0.50 for 12 months) expire in 30 days if shares exceed C$0.50 post-significant acquisition announcement. Closing expected February 17, 2025.

Sierra Madre Gold & Silver reported record production in January 2025 at its 100 %-owned Guitarra Mine Complex in Estado de México, reaching full commercial output at 500 t/d. The company shipped 349.48 dry t of concentrate with very high grades (~2,429 g/t Ag and ~32.12 g/t Au). Quarterly and financial details will follow.

Questcorp Mining Inc. announced on February 10, 2025, a non-brokered private placement of up to 33M units at C$0.06 each for gross proceeds of up to C$1.98M. Each unit: 1 share + 1 warrant (exercisable at C$0.10 for 2 years). Proceeds fund La Union project acquisition, North Island exploration, payables, and working capital. Subject to CSE approval.