Month: August 2025

Reyna Silver Corp. announced that its securityholders overwhelmingly approved a special resolution for a statutory plan of arrangement with Torex Gold Resources Inc. at a meeting on August 11, 2025. The transaction, approved by 96.068% of shareholders and 97.067% of all securityholders, is set to close on August 20, 2025, pending a final court order and other conditions.

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.

Newmont Corporation’s tender offers for $2B in notes saw $362.1M (2.800% 2029) and $556.6M (2.250% 2030) fully accepted, with $81.3M (3.250% 2030) at 21% proration in Pool 1. In Pool 2, $430.6M (6.250% 2039) and $387.7M (4.875% 2042) were fully accepted, with $181.8M (5.750% 2041) at 79% proration. Offers expire August 25, 2025.

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.

Americas Gold and Silver plans a 2.5:1 share consolidation around August 21, 2025, pending TSX and NYSE approval. Q2 2025 saw a 36% rise in silver production to 689,000 ounces, but revenue fell 19% to $27M due to lower zinc and lead output. A $100M loan and antimony recovery advancements support growth at Galena and EC120 projects.

Sailfish Royalty Corp. announced a Normal Course Issuer Bid to repurchase up to 3,767,749 shares (5% of outstanding shares) from August 12, 2025, to August 11, 2026, at market prices. The company sold its Gavilanes Silver Project, receiving US$50,000, 16.8M AML shares, 33.6M performance rights, and a 2% NSR royalty.

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 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 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 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.