Month: August 2025

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) secured over $8 million in 2025 through stock purchases and warrant exercises, funding operations through year-end. This includes $7.6 million from 6.9 million shares, $506,000 from 460,000 warrants, and $2.5 million in converted notes. The company is advancing U.S. offshore mineral projects, Cook Islands initiatives, and a Mexico phosphate project, with updates at the August 21 Emerging Growth Conference.

Alpayana S.A.C. completed the privatization of Sierra Metals Inc. through an amalgamation with a subsidiary, forming Amalco, which retained the name Sierra Metals Inc. Sierra shareholders received one Amalco Series A preferred share per Sierra share, later acquired by Alpayana Canada for C$1.15 each. Amalco is now wholly owned by Alpayana Canada, with Sierra shares to be delisted from the TSX on August 6, 2025.

Regency Silver Corp. announced that at its annual general and special meeting on August 1, 2025, in Vancouver, shareholders approved all proposed matters. These include setting the board to four directors, electing Bruce Bragagnolo, Michael Thomson, Michael Tucker, and Patrick Elliott as directors, re-appointing Manning Elliott LLP as auditors, and approving the stock option plan.

Goldgroup Mining Inc. has engaged Venture Liquidity Providers Inc. (VLP) to provide market-making services for its common shares, pending regulatory approval. VLP will operate through W.D. Latimer Co. Ltd., receiving $5,000 monthly for three months, with automatic renewals. Goldgroup, a Canadian mining company, owns two high-growth gold assets in Mexico: Cerro Prieto and Pinos.

Mexico climbed to 49th in the 2024 Fraser Institute’s Mining Investment Attractiveness Index, up from 74th in 2023, driven by a significant increase in its Geological Potential Index score (from 37.50 to 64.29). Political Perception Index improved slightly. Concerns include regulatory inconsistencies and environmental uncertainties, while geological database and political stability concerns eased. Mexico ranks below several Latin American peers but above Brazil, Ecuador, and Colombia.

Kootenay Silver Inc. announced the filing of an NI 43-101 technical report for the first Mineral Resource Estimate of its Columba Silver Project in Chihuahua, Mexico. The Inferred Mineral Resource is 5.92 Mt grading 284 gpt silver, 0.19% lead, and 0.50% zinc. Drilling has resumed to extend mineralized zones, with all veins open to depth.