Torex Gold (TSX:TXG) renewed its NCIB, approved by TSX to repurchase up to 8,133,430 common shares (10% of public float) from Nov 21, 2025 to Nov 20, 2026. Purchases will be made on open market; all acquired shares cancelled. Program aims to return capital to shareholders.
Vizsla Silver Corp. (TSX: VZLA | NYSE: VZLA) announced a proposed US$250M (upsizable to US$300M) offering of convertible senior unsecured notes due 2031. Net proceeds will fund exploration and development at the Panuco silver project, potential acquisitions, and general corporate purposes. A portion will finance cash-settled capped calls to reduce potential dilution upon conversion. Terms including interest rate and conversion rate to be set at pricing.
GR Silver Mining (TSXV: GRSL) reported step-out drill results from San Marcial, Plomosas Project, Mexico. Hole SMS25-12 extended high-grade silver mineralization 75m below the current resource, intersecting 5.0m @ 232 g/t Ag (incl. 0.9m @ 956 g/t Ag and 0.2m @ 2,602 g/t Ag) plus 8.8m @ 121 g/t Ag. Mineralization remains open at depth; further expansion drilling planned for H1 2026.
Torex Gold Resources (TSX:TXG) has received TSX approval to renew its normal course issuer bid (NCIB), allowing the repurchase and cancellation of up to 8,133,430 common shares (approximately 10% of the public float) from November 21, 2025 to November 20, 2026. Purchases will be made on the open market through the TSX or alternative systems, funded from working capital.
Kootenay Silver (TSXV: KTN) announced drill results from the first 7 holes of its 50,000m program at Columba Project, Mexico, revealing high-grade silver intercepts (up to 921 g/t Ag over 0.71m) on D Vein/I Vein plus a new discovery of broad porphyry-style gold zones (e.g., 101m @ 0.18 g/t Au; up to 0.85 g/t Au over 6m) with molybdenite, indicating potential for a separate gold-porphyry system. Drilling continues with plans to add rigs.
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