Month: October 2025

Colibri Resource Corporation plans two non-brokered private placements: an equity offering of 8,666,666 units at $0.15, raising up to $1.3 million, and a debenture offering of 250 convertible debenture units for up to US$250,000. Proceeds will fund exploration at Mexican gold projects, Pilar and EP, and general working capital, while strengthening the balance sheet. Closing requires TSX Venture Exchange approval.

Apollo Silver upsized its previously announced non-brokered private placement offering due to strong demand, increasing it to up to 7,437,680 units at $3.60 each for up to ~$26.8 M in gross proceeds. Each unit includes one common share and one warrant exercisable at $5.50 for 24 months. The proceeds are intended to advance Calico and support other corporate and project needs.

Silver Dollar Resources Inc. closed a $5.9 million brokered private placement at $0.35 per unit, issuing units with shares and warrants exercisable at $0.45 until 2028. Proceeds fund exploration at La Joya Silver Project in Mexico and Ranger-Page in Idaho, plus working capital. Eric Sprott acquired $1M in units, boosting his stake to 17.5% non-diluted.

Vizsla Silver Corp. (TSX: VZLA) held its AGM on Oct 2, 2025, approving all resolutions: seven directors elected (90-99% support), MNP LLP re-appointed as auditor, omnibus equity plan, and articles altered. 52.63% shares voted. Auditor changed to Deloitte LLP effective Oct 3 for growth; no prior audit issues.

Almaden Minerals Ltd. appointed Douglas McDonald as President and CEO, with Morgan Poliquin named Vice Chair. McDonald, with Almaden since 2014, brings over 25 years of experience in resources and trade policy, previously serving as Vice President at Salman Partners and a Canadian Foreign Service officer. He holds degrees from UBC in commerce and mineral economics.

Silver Tiger Metals Inc. filed a final short form prospectus for a C$25.02 million bought deal public offering of common shares at $0.72 each, with an over-allotment option for up to C$28.77 million total. Closing occurred on October 7, 2025.

Sonoro Gold Corp. (TSXV:SGO) announces fully-subscribed $3M non-brokered PP of 15M units at $0.20/unit, each with 1 share + 3-year $0.28 warrant. Proceeds fund Cerro Caliche development in Sonora, Mexico, including updated PEA, final option payment for 100% ownership, and ETJ permit. Closes ~Oct 20; insiders may participate.

Canasil Resources Inc. (TSX-V:CLZ.H) reviews its portfolio post-TSX-V reinstatement. In BC, Amarc options 100% of Brenda Au-Cu-Ag project for $2M cash payments + $8-12M exercise price, retaining 2% NSR; adjacent to Freeport’s 70% earn-in JOY District. Mexico’s silver-gold projects (100% owned, some with NSR) poised for advancement amid improving sector outlook.