Day: June 17, 2025

Kootenay Silver Inc. announces a $12,001,500 bought deal offering of 11,430,000 units at $1.05 each, with Research Capital Corporation leading the underwriters. Each unit includes one common share and half a warrant, exercisable at $1.58 for 36 months. Proceeds will advance the Columba Silver Project and support general corporate purposes. Closing is expected around June 25, 2025, pending regulatory approvals.

Colibri Resource Corporation’s AGM on June 13, 2025, saw 9,451,871 shares (8.19% of total) represented. Shareholders overwhelmingly approved all resolutions, including electing six directors (99.88% for each), appointing Kreston GTA LLP as auditors, and re-approving the stock option plan. Colibri continues to advance its gold exploration in Sonora, Mexico, focusing on the Pilar and EP Gold Projects.

Minaurum Gold Inc. appointed Ruben Molina as Senior Project Manager for the Alamos Silver Project in Mexico. Molina, with a proven track record in silver exploration, previously worked at SilverCrest Metals’ Las Chispas deposit, acquired for $1.7 billion. Three additional seasoned geologists will be joining who previously worked alongside him at SilverCrest Metals, including in the capacities as; Chief Geologist, Senior Geologist – Prospecting, and Resource Modeling Geologist.

Oroco Resource Corp. announced a non-brokered private placement of up to 5,000,000 units at C$0.30 each, aiming to raise C$1,500,000. Each unit includes one common share and one warrant exercisable at C$0.45 for 36 months. Proceeds will advance the Santo Tomás Project in Mexico and support general corporate purposes. The offering awaits TSX-V approval, with securities subject to a four-month-plus-one-day hold period.

Kootenay Silver Inc. announced the maiden Mineral Resource Estimate for its Columba Silver Project in Chihuahua, Mexico, reporting 54.1 million ounces of silver, 25.2 million pounds of lead, and 65.6 million pounds of zinc in the Inferred category. The estimate, based on 17 epithermal veins, uses a 150 gpt silver cut-off grade. The company plans further drilling to expand the resource, with veins open along strike and depth.

Prime Mining Corp. announced that 97% of its $1.10 warrants were exercised, boosting its cash balance to $32.9 million. The funds will advance the Los Reyes gold-silver project in Sinaloa, Mexico, with a Preliminary Economic Assessment planned for Q3 2025. Despite a drilling pause due to security issues, Prime aims to drill 40,000m and expand high-grade resources.

Equinox Gold Corp. (TSX: EQX) and Calibre Mining Corp. (TSX: CXB) completed their merger, creating a major Americas-focused gold producer with mines in five countries, including Canada’s Greenstone and Valentine Gold Mines. The combined company, led by CEO Greg Smith, aims for significant production growth. Calibre shares will be delisted, and shareholders will receive Equinox Gold shares. The finance card above shows EQX’s current price at $6.34 USD.