Day: December 8, 2025

Eric Sprott Announces Holdings in Discovery Silver Corp.

Eric Sprott announced that Sprott Mining Inc. sold 1,400,000 common shares of Discovery Silver Corp. on December 8, 2025, at ~$7.906/share for $11,067,980. His holdings dropped from 82,046,998 shares (10.2%) to 80,646,998 shares (9.99%), ceasing insider status. Shares held for investment purposes.

Capitan Silver Files Amended and Restated Offering Document

Capitan Silver Corp. (TSXV: CAPT) filed an Amended and Restated Offering Document for its C$20M bought-deal private placement (9.855M shares at C$2.03), now extending the Listed Issuer Financing Exemption to Québec residents. All other terms remain unchanged; closing expected ~Dec 17, 2025.

First Majestic Completes US$350 Million Offering of Convertible Senior Notes

First Majestic Silver Corp. completed a US$350 million offering of 0.125% convertible senior notes due 2031 (including US$50M over-allotment) on December 8, 2025. Initial conversion rate: 44.7227 shares per US$1,000 principal (approx. US$22.36/share). Proceeds to repurchase US$174.7M existing notes and for general corporate/strategic purposes.

Questcorp Mining Announces Flow Through Offering

Questcorp Mining Inc. (CSE: QQQ) launched a $750,000 non-brokered flow-through private placement of up to 5.77M units at $0.13 (each with ½ warrant at $0.20/24 months) to fund exploration at its North Island Copper Property, BC. It also closed a final tranche of a prior offering, raising $190,000 via 1.27M units at $0.15.

Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico

Colibri Resource Corp. (TSXV: CBI) has commenced reverse circulation drilling at its 4,766-ha EP Gold Project in Mexico’s prolific Caborca Gold Belt, adjacent to Fresnillo plc holdings. CEO Ian McGavney called the start of drilling a key catalyst for exploration momentum in this established mining district.

Aura Minerals Announces Update To Its Coming Years Growth Outlook

Aura Minerals updated its multi-year growth outlook, now citing the Era Dorada feasibility study and its recent MSG acquisition. With these assets and planned projects, the company sees potential to exceed 600,000 gold-equivalent ounces (GEO) annually in coming years, up from a prior ~450,000 GEO view — though this is preliminary and subject to approvals and financing.

Capitan Silver Announces $20 Million Bought Deal Financing

Capitan Silver Corp. (TSXV: CAPT) announced a C$20M bought deal private placement of 9.855M common shares at C$2.03 each, led by Stifel Canada. An option for an additional 1.478M shares exists. Proceeds will fund exploration at Cruz de Plata project and general purposes. Closing expected December 17, 2025.

Coeur Provides Palmarejo Exploration Update

Coeur Mining (NYSE: CDE) reported 2025’s largest-ever exploration program at Palmarejo (Mexico): 68,000m drilled across its 300 km² district (only 3% explored). Key wins include extending Hidalgo Corridor veins, confirming Independencia Sur-Norte continuity, and high-grade hits at San Miguel (e.g., 17.9m @ 4.2 g/t Au + 1,870 g/t Ag) plus a new Camuchín discovery, signaling major mine-life extension potential.

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