Oroco Resource Corp. announced a non-brokered private placement of up to 18 million units at US $0.20 each to raise up to US $3.6 million. Each unit includes a share and half-warrant, with warrants exercisable at US $0.30 for 24 months. Director Faysal Rodriguez committed to 5 million units. Proceeds will advance the Santo Tomás Project and support general corporate purposes.
Questcorp Mining’s maiden drilling at La Union gold-silver project in Mexico is on track and budget. Three of five targets drilled, showing consistency with historic mining and favorable quartzite for fracture-controlled mineralization. Assays pending; now at Famosa target, with follow-up planned.
Mexico’s environment ministry (Semarnat) is reviewing mining regulations to enhance environmental protections without overregulation, with updates expected in September 2025. A permit backlog has been halved, with 80 granted so far. However, as of late September, the anticipated mining law regulations have not yet been published, despite a September 15 deadline mentioned in some sources. This could impact silver producers like Pan American Silver (recently acquired MAG Silver’s Juanicipio stake, boosting output), Regency Silver (drilling at Dios Padre), and Sierra Madre Gold & Silver (expanding La Guitarra capacity). The Sectoral Program for Environment 2025-2030 was published on September 11, emphasizing responsible mining.
Trading resumes for Canasil Resources Inc. (TSX-V: CLZ.H), all issues, at 9:30 AM ET on September 25, 2025, following a CIRO-imposed halt to ensure fair and orderly markets.
Aztec Minerals upsized its bought deal private placement to C$8.7 million on September 25, 2025, issuing 37,020,000 common shares at C$0.235 each. Stifel Canada underwrites, with 15% over-allotment option. Proceeds fund exploration at Tombstone (Arizona) and Cervantes (Mexico) projects plus working capital. Closing expected October 16, 2025.
Stroud Resources Ltd. (TSX: SDR) appoints Conor O’Brien, a financial expert with 20+ years in capital markets, as independent director. The Board grants 1,005,000 stock options to directors/officers at $0.12/share, vesting immediately, expiring in five years, pending approval.
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