Day: November 18, 2025

Silver Viper Minerals (TSXV: VIPR, OTCQB: VIPRF) announces a non-brokered private placement to raise up to $12M through 15M units at $0.80 each. Each unit includes one share + one $1.20 warrant (24 months; acceleratable at $1.40 VWAP for 20 days). Proceeds for working capital. Closing ~Dec 10, 2025, subject to TSXV approval; 4-month+1-day hold. Up to 6% finder’s fees payable.

VVC Exploration (TSX-V: VVC, OTC: VVCVF) is exiting the Gloria Copper Project in Chihuahua, Mexico due to high costs, political volatility, safety concerns and permitting uncertainty. The Company will focus mining efforts on the promising Cumeral Gold Project in Sonora (1,665-ha, 4km gold trend with historical high-grade samples) and redirect resources to its helium/natural gas projects in Kansas.

Apollo Silver Corp. (TSX.V: APGO, OTCQB: APGOF) granted 750,000 Restricted Share Units (RSUs) to certain officers and directors under its Omnibus Incentive Plan. The RSUs vest in three equal tranches over 36 months, with each vested RSU convertible into one common share.

Vizsla Silver’s Panuco project Feasibility Study shows US$1.8B after-tax NPV(5%), 111% IRR, and 17.4 Moz AgEq annual production over 9.4 years. Vizsla Royalties (TSXV:VROY) holds key NSR royalties, expecting ~560 koz AgEq/year, with strong early cash flow from high-grade Copala. Production targeted for late 2027.

Luca Mining (TSXV: LUCA, OTCQX: LUCMF) reported strong Q3 2025 results: revenue $35M (+94% YoY), adjusted EBITDA $4.3M, tonnes milled +66%. Campo Morado ZnEq lbs +75%, Tahuehueto AuEq oz +74%. Generated $5.3M YTD net free cash flow pre-WC despite heavy capex. Revised 2025 FCF guidance to $5-10M (from $30-40M) due to lower grades/sequencing and higher development spend; production tracking below original targets but higher grades expected ahead. Capex raised to $29.4M.