Day: July 10, 2025

Endeavour Silver Announces At-the-Market Offering of up to US$60 Million

Endeavour Silver Corp. announced an at-the-market equity offering to sell up to US $60 million of its common shares through a sales agreement with financial agents over about 24 months. Shares will be sold at prevailing market prices on the NYSE (not Canada). Net proceeds may fund development at Pitarrilla and Parral, support Terronera’s ramp-up, explore or acquire assets, and provide working capital.

Mithril Silver & Gold Arranges up to C$11.5M Placement to Accelerate Exploration at Copalquin, Mexico

Mithril Silver and Gold Limited (TSXV:MSG, ASX:MTH) announced a C$11.5M private placement, issuing up to 31,944,700 shares at C$0.36 each to fund exploration at its Copalquin project in Mexico. The placement, led by Ventum Financial Corp., has strong demand from institutional investors. Proceeds will accelerate drilling and exploration, with closing expected on July 24, 2025, pending regulatory approval.

Starcore Enters into LOI to Lease a Historical Past-Producing Silver Mine

Starcore International Mines Ltd. signed a non-binding Letter of Intent to lease the San Juan Nepomuceno (Tortilla Project) in Queretaro, Mexico, for 10 years. The project includes a historical mine with no production records but significant potential. Starcore will pay MX$5,000,000 (~US$268,500) over six months, with a 2% NSR to the owner post-payments. The owner may sell the claims for US$7,000,000 during the lease.

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