Day: June 16, 2025

Mithril Silver and Gold Announces Director Retirements

Mithril Silver and Gold Limited (ASX:MTH; TSXV:MSG) announced the retirement of Non-Executive Directors Garry Thomas and Stephen Layton, effective June 30, 2025. Chair Craig Sharpe praised Thomas for his technical expertise and Layton for his capital markets experience since the company’s 2020 shift to a Mexico-focused precious metals strategy. Both remain significant shareholders, and the Board wishes them well.

Guanajuato Silver Recognised for Social Responsibility in Mexico

Guanajuato Silver Company Ltd. received Mexico’s Socially Responsible Enterprise certification for its 2024 community outreach programs. The company finalized amended terms for its Gold Credit Facility with Ocean Partners, reducing monthly payments and issuing 4,550,000 warrants. The new facility has a 7182-ounce gold balance, with two-thirds amortized over 36 months, enhancing financial flexibility for growth.

Southern Empire Announces Private Placement Financing

Southern Empire Resources Corp. announced a fully subscribed non-brokered private placement of 2,000,000 units at $0.05 each, raising $100,000. Each unit includes one common share and one warrant, exercisable at $0.10 per share for three years. No finders’ fees apply, and securities have a four-month resale restriction. Funds will support administrative costs for Mexican mineral properties and working capital. TSX-V approval is pending.

Defiance Silver Finalizes Long Term Access Agreement

Defiance Silver Corp. finalized a six-year agreement for surface exploration, drilling, and engineering studies at its Tepal Gold-Copper Project in Michoacán, Mexico. The deal includes annual cash payments adjusted for inflation and US$40,000/year in common shares, capped at 1,400,000 shares. For 2025, 201,452 shares will be issued at C$0.27, pending TSX Venture Exchange approval.

Discovery Announces Management Appointments

Discovery Silver Corp. announced key executive appointments effective June 16, 2025: Amy Hu as SVP, Legal and Sustainability, and Darin Smith as SVP, Corporate Development. Promotions include Forbes Gemmell to EVP, Business Development & Growth, Mark Utting to SVP, Investor Relations, and Gord Leavoy to SVP, Mineral Processing, strengthening the leadership team to drive growth following the Porcupine Complex acquisition.

Santacruz Silver Announces Appointment of Andrés Bedregal as Chief Financial Officer

Santacruz Silver Mining Ltd. appointed Andrés Bedregal as Chief Financial Officer, effective June 16, 2025, after serving as interim CFO since October 2024. Bedregal, also CFO of subsidiary Sinchi Wayra S.A., has strengthened the company’s financial health, improved reporting systems, and secured better terms for a Bolivian asset acquisition. His expertise in financial planning and M&A will drive Santacruz’s growth.

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