Day: July 17, 2025

Aura Announces Closing of U.S. Initial Public Offering

Aura Minerals closed its U.S. IPO, selling 8,100,510 common shares at US $24.25 each to shift its primary listing to the Nasdaq Global Select Market (ticker: AUGO). The move aims to boost liquidity and broaden the shareholder base. Net proceeds will help fund the Mineração Serra Grande acquisition, support growth projects like Era Dorada and Matupá, and provide financial flexibility for exploration and corporate needs.

Orla Mining Files Updated Technical Report on Camino Rojo to Include the Initial Underground Mineral Resource

Orla Mining Ltd. filed an updated NI 43-101 technical report for its Camino Rojo deposit in Zacatecas, Mexico, including the initial underground Mineral Resource estimate for Camino Rojo Sulphides and Zone 22. The report is available on SEDAR+, EDGAR, and Orla’s website. A 15,000-metre drilling program, 90% complete, supports a 2026 PEA, with exploration drift planning underway.

Pinnacle Engages ITG as Market Maker and Closes Shares for Debt Settlement

Pinnacle Silver and Gold Corp. (TSXV: PINN) announced on July 17, 2025: Engaged Independent Trading Group (ITG) as market maker for $5,000/month to enhance liquidity. Closed shares-for-debt: issued 2,376,667 shares at $0.06 to settle $142,600 debt (including to insiders). Subject to approvals and hold periods.

Oroco Options Highly Prospective Nearby Concession

Oroco Resource Corp.’s subsidiary, Minera Xochipala, signed an option agreement with Aztec Zinc to acquire 100% of the Vainilla Mineral Concession in Sinaloa, Mexico, covering 2,974 hectares near the Santo Tomás Project. The concession hosts polymetallic mineralization, offering exploration potential for copper and related metals. Oroco plans a staged exploration program, including IP surveys, mapping, and drilling. The option involves cash and share payments, with a 1.5% NSR royalty upon exercise, pending TSX-V approval.

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