Day: May 14, 2025

Silver Spruce Resources Inc. has acquired full ownership of the Jackie Au-Ag Project in Sonora, Mexico, by purchasing Colibri Resource Corporation’s 50% interest for $25,000 in shares and a 1% NSR royalty. The company also relinquished its 25% interest in the Diamante Project to Colibri. This realignment focuses Silver Spruce’s portfolio on high-potential, early-stage assets, including Jackie, Pino de Plata, and Melchett Lake.

Colibri Resource Corporation announced strategic moves to bolster its assets and capital structure. These include increasing its ownership in the Diamante Gold-Silver Project to 60%, acquiring its partner’s remaining interest, selling its 50% stake in the Jackie Project, and implementing a share consolidation. These actions aim to advance Colibri’s key exploration projects, including the Pilar and EP Gold Projects, enhancing shareholder value.

Santacruz Silver Mining Ltd. provides a bi-weekly update on its temporary management cease trade order (MCTO) issued May 1, 2025, due to delayed filing of its 2024 annual financial statements. The company is working with its auditor to complete the filings, with no material changes or additional defaults reported. Bi-weekly updates will continue as required under NP 12-203.