Endeavour Silver Corp. closed a US $350 million offering of 0.25% unsecured convertible senior notes due 2031, including full exercise of a US $50 million option. The initial conversion rate equals about US $12.455 per share. Proceeds will repay senior secured debt, fund its Pitarrilla project in Durango, Mexico, and support general corporate purposes.
Americas Gold and Silver closed an oversubscribed US$132.25M bought deal financing, issuing 33M shares at US$4.00 each. Proceeds will fund the acquisition of Crescent Silver Mine (Idaho) and related capex. CEO notes strong institutional support, early Galena hoist upgrade enabling a 21-day December pause, and a fully-funded, robust 2026 outlook.
Guanajuato Silver is optimizing operations ahead of Bolanitos acquisition (expected Jan 2026): temporarily closing Cata mill, rerouting Valenciana ore to El Cubo, aiming for higher plant utilization and lower costs. Court ruled subsidiary owes NucTech ~US$10.3M in equipment dispute; company will appeal, staying payment.
Fortune Bay Corp. (TSXV: FOR) announced the appointment of Patrick McGrath as Chief Financial Officer, effective immediately. Mr. McGrath, a CPA with over 25 years of resource-sector finance and leadership experience, succeeds Sarah Oliver, who served as CFO since 2016 and will assist with the transition.
Tocvan Ventures (CSE:TOC) reports high-grade surface silver up to 134 g/t Ag from initial sampling across historic workings in the North Block of its Pilar Gold-Silver Project, Mexico. Strong alteration and pathfinders highlight new epithermal targets. Over 1,300m drilled to date (results pending); road building advances for South Block trenching.
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