Day: April 28, 2025

Vizsla Silver Provides Update on At-The-Market Equity Program

Vizsla Silver Corp. updated its at-the-market equity program to sell up to US$200 million in common shares to fund the Panuco Project, working capital, and general corporate purposes. The program, effective until shares are sold or the prospectus expires, involves Canaccord Genuity, CIBC Capital Markets, National Bank Financial, and BMO Capital Markets. The previous ATM agreement from September 2024 was terminated.

Odyssey Marine Exploration Confirms Sufficient Operational Funding and Welcomes New Executive Order

Odyssey Marine Exploration, Inc. welcomes a new Executive Order promoting U.S. offshore critical mineral development, aligning with its expertise in deep-sea exploration. The company, with no immediate plans to issue securities, has a $50 million shelf registration for future capital needs. Odyssey’s projects target battery metals and phosphates, supported by prior funding to sustain 2025 operations.

Americas Gold & Silver to Be Included in Solactive Global Silver Miners Index (SIL)

Americas Gold and Silver Corporation announced its inclusion in the Solactive Global Silver Miners Index, effective May 1, 2025. This recognition highlights the company’s significant silver mining activities, revenue, and market capitalization. CEO Paul Huet noted that inclusion validates Americas’ growth as a silver miner and could attract institutional investment, enhancing liquidity due to the index’s importance for major investment funds.

Guanajuato Silver Reports Third Consecutive Quarter of Positive Mine Operating Income

Guanajuato Silver Company Ltd. reported strong Q4 2024 results, with a 416% increase in mine operating income to $2.66M and a 587% rise in EBITDA to $2.26M. Revenue grew 4% to $19.04M, driven by silver and gold sales. Production reached 730,485 silver equivalent ounces. The company retired two debt facilities and aims to become debt-free.

Heliostar Delivers Strong First Quarter 2025 Results

Heliostar Metals Ltd. reported Q1 2025 results, producing 9,082 GEOs and selling 8,034 GEOs, on track for 31,000-41,000 GEOs annually. Cash costs were $1,175-1,275/GEO, and AISC was $1,375-1,475/GEO, meeting guidance. Gold sold at $2,875/oz. The company ended with $27M cash, no debt, and plans to expand drilling and increase production. Full reporting is expected in July 2025.

All News