Month: August 2025

Vizsla Silver Announces Change of Transfer Agent

Vizsla Silver Corp. announced that Odyssey Trust Company has replaced Computershare Trust Company as its transfer agent effective August 11, 2025. Shareholders need no action. Odyssey Trust can be contacted at their Vancouver office, via phone (1-587-885-0960 or toll-free 1-888-290-1175), email ([email protected]), or website. Vizsla Silver focuses on its Panuco silver-gold project in Mexico, targeting 15.2 Moz AgEq annually.

Guanajuato Silver Closes Books on Non-Brokered Financing

Guanajuato Silver Company Ltd. announced the final tabulation for its oversubscribed non-brokered LIFE private placement, raising $18M through 60M units at $0.30 each. Each unit includes one common share and one-half warrant, exercisable at $0.45 for 36 months. The offering, set to close around August 18, 2025, awaits TSX Venture Exchange approval. Proceeds will enhance financial flexibility for growth opportunities.

MAG Silver Reports Second Quarter Financial Results

MAG Silver Corp. reported a record Q2 2025 net income of $33.4M ($0.32/share) and adjusted EBITDA of $56.4M, driven by strong Juanicipio performance. Juanicipio processed 342,515 tonnes of ore, achieving 94.6% silver recovery and producing 4.3M silver ounces. MAG announced a $0.144/share dividend and a pending acquisition by Pan American Silver, expected to close in late 2025.

Equinox Gold’s Castle Mountain Accepted into FAST-41 Permitting Program

Equinox Gold Corp. announced that its Castle Mountain Mine Phase Two Project in California has been accepted into the U.S. FAST-41 program, streamlining permitting with an expected completion by December 2026. The project, based on a 2021 feasibility study, aims to produce 200,000 ounces of gold annually over 14 years. CEO Darren Hall highlighted its potential as a cornerstone asset.

Prismo Metals Announces Closing of Oversubscribed Private Placement

Prismo Metals Inc. announced an upsized closing of its non-brokered private placement, issuing 6,425,000 units at $0.06 each, raising $385,500. Total proceeds reached $1,077,500 to fund exploration at the Silver King and Ripsey projects in Arizona, including a 1,000-meter drill program. The company also settled a $82,500 debt by issuing 1,375,000 shares.

Alamos Gold Announces Filing of Base Shelf Prospectus

Alamos Gold filed a US$500 million base shelf prospectus on August 8, 2025, allowing potential issuance of various securities over 25 months in Canada and the US, replacing an expired prior prospectus, to provide future financing flexibility with no immediate plans.

Guanajuato Silver Announces Non-Brokered LIFE Financing

Guanajuato Silver Company Ltd. announces a non-brokered private placement of units at $0.30 each, aiming to raise $15M-$18M. Each unit includes one common share and half a warrant, exercisable at $0.45 for 36 months. Proceeds will fund equipment, facility upgrades, exploration, and administrative expenses. The offering, closing around August 18, 2025, is subject to regulatory approvals.

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