GoGold Resources Inc. filed a final short form prospectus dated November 24, 2025 for its C$125 million bought deal public offering of 47,170,000 units at C$2.65 each, led by BMO Capital Markets. Each unit includes one common share and half a warrant exercisable at C$3.50 for three years. Closing is expected around November 27, 2025.
Silver Viper Minerals (TSXV:VIPR) has upsized its non-brokered private placement for the second time due to strong institutional demand, increasing the offering from C$15M to C$17M through the issuance of 21,250,000 units at C$0.80 each. Each unit consists of one common share and one 24-month warrant exercisable at C$1.20. Closing remains on track for around December 10, 2025, subject to TSXV approval.
Axo Copper (TSXV:AXO) is acquiring the San Antonio Gold Project (Sonora, Mexico) from Osisko Development. The past-producing project hosts 576 koz Au Indicated (1.20 g/t) and 544 koz Au Inferred (1.02 g/t) in open-pittable oxides/transition/sulphides, with full infrastructure. Consideration: shares giving Osisko 9.99% and OR Royalties 4.99% of Axo, plus contingent payments and an amended 7.15% Au/Ag stream (30% of spot). Closing expected Q4 2025.
Kingsmen Resources Ltd. (TSXV:KNG) closed its non-brokered private placement, raising $4.15 million by issuing 3,075,000 units at $1.35 each. Each unit includes one common share and one-half warrant (exercisable at $1.90 for two years). Proceeds will advance the Las Coloradas silver-gold project in Mexico and support working capital.
Pinnacle Silver and Gold Corp. (TSXV:PINN) has completed a high-resolution airborne LiDAR and aerial photography survey over its entire 11 km² El Potrero high-grade gold-silver project in Durango, Mexico. The survey will reveal hidden structures, veins, and historic workings beneath vegetation to guide upcoming drilling and fast-track the low-capex restart of the past-producing project near four operating mines. Results expected mid-December.
Osisko Development (NYSE/TSXV:ODV) is selling its 100% interest in the San Antonio Gold Project in Sonora, Mexico to Axo Copper (TSXV:AXO). Consideration includes shares representing 9.99% of Axo, 70% of any VAT refund, up to US$4M in contingent payments (feasibility study and first pour), and anti-dilution on Axo’s first US$10M raised. Transaction closes subject to TSXV approval.
Guanajuato Silver (GSilver) is acquiring Endeavour Silver’s Bolanitos mine in Guanajuato, Mexico for up to US$50M (US$40M upfront + US$10M contingent). Bolanitos, producing ~2.5M AgEq oz in 2024, becomes GSilver’s 5th mine, integrating San Ignacio for cost savings and adding Cebada project. Deal closes January 2026.
Endeavour Silver is selling its Bolañitos mine to Guanajuato Silver for up to US$50M: US$40M upfront (US$30M cash + US$10M shares) plus up to US$10M contingent on production milestones. The deal, closing January 2026, allows Endeavour to focus on Terronera and Pitarrilla while streamlining its portfolio.
Heliostar Metals reports high-grade gold intercepts from Ana Paula drilling in Mexico, including 83.2m at 17.35 g/t Au (46.65m at 27.35 g/t), 70.7m at 9.38 g/t, 92.1m at 4.33 g/t, and 65.2m at 5.39 g/t. Program expanded 33% to 20,000m for resource conversion and exploration, supporting feasibility study with low $1,011/oz AISC.
Silver Tiger Metals Inc. has filed a final short form prospectus for a C$40 million bought deal public offering of common shares at $0.73 each, with an over-allotment option potentially raising up to C$46 million. Closing expected November 26, 2025.
Mexico Mining Center © 2021 / All Rights Reserved
