Month: June 2025

Silver Viper Minerals Corp. plans a non-brokered private placement to raise up to $3.5 million by selling 23,333,334 units at $0.15 each, with proceeds funding drilling at La Virginia and general corporate purposes. The offering, closing around June 16, 2025, awaits TSX Venture Exchange approval. Carla Hartzenberg resigned as CFO, with CEO Steve Cope interim CFO. The company engaged ICP Securities Inc. for market-making services.

Americas Gold and Silver Corporation secured a US$100 million senior secured debt facility to fund growth at the Galena Complex. The facility includes a US$50 million term loan and two US$25 million tranches. Additionally, the company entered an offtake agreement with Ocean Partners for Galena Complex concentrates and a US$11.5 million private placement at a 14% premium.

Rolando Villarreal Cereceres, a Mexican businessman, highlights Altos Hornos de México (AHMSA) as an attractive steel investment due to strong USMCA market demand. Despite its shutdown, AHMSA’s modern equipment remains valuable. He warns that delays in restarting operations increase deterioration and costs, urging a swift sale—full or partial—to capitalize on its potential.

Santacruz Silver Mining Ltd. received a temporary management cease trade order (MCTO) from the British Columbia Securities Commission due to its failure to file Q1 2025 interim financial statements by May 30, 2025. The MCTO restricts trading by the CEO and CFO until the filings are completed, expected by June 12, 2025. The general public can still trade the company’s securities.

Reyna Silver Corp. announces Carmen Amezquita’s resignation from its Board to pursue other professional commitments. The Board thanks her for her contributions over the past two years and wishes her success