Day: June 24, 2025

Reyna Silver Corp. announced the pricing for its non-brokered private placement, setting each unit at $0.095, comprising one share and one warrant exercisable at $0.13 for one year. The $1.1 million raised, part of a deal with Torex Gold Resources, will fund Nevada option agreement payments, pending TSXV approval, with a four-month hold period on securities.

Orla Mining Ltd. announced that all nominees listed in its May 9, 2025, Management Information Circular were elected as directors at the June 24, 2025, AGM, with over 95% votes for each. Shareholders approved Deloitte LLP as auditor, the “say-on-pay” resolution, and amendments to the stock option and restricted share unit plans. Tim Haldane retired from the Board, and Orla expressed gratitude for his service.

Americas Gold and Silver Corporation announced that all director nominees listed in the May 15, 2025, proxy Circular were elected at the June 24, 2025, annual and special meeting. Voting results showed strong support, with over 98% votes for each director. Shareholders also passed resolutions to reappoint PricewaterhouseCoopers LLP as auditors, re-approve amended Deferred Share Unit, Share Unit, and Stock Option Plans, and authorize a common share consolidation.

Vortex Metals Inc. has engaged Pontones & Ledesma to lead environmental impact studies for its Zaachila and Riqueza Marina projects in Mexico, aiming to secure drill permits. The firm’s expertise will support permitting for the highly prospective VMS projects. Additionally, Vortex hired Fairfax Partners Inc. for a three-month investor outreach and communications campaign with a C$25,000 budget.

Excellon Resources Inc. acquired Minera CRC, gaining full ownership of the Mallay Silver Mine and Tres Cerros Exploration Property in Peru. The past-producing mine, with significant infrastructure, is set for rehabilitation and potential restart within months. Tres Cerros offers gold-silver exploration potential. The deal involved cash, shares, and agreements, approved by the TSX Venture Exchange.

Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) has increased its senior secured debt facility from $120 million to $135 million with ING Capital LLC and Societe Generale. The funds will support commissioning the Terronera Project in Jalisco, Mexico, and general working capital. Terronera implemented zero-cost collars to manage silver price risks, protecting 968,000 ounces at $31.00-$42.00 per ounce. Commissioning is on track.