Month: December 2025

Riverside Resources (TSXV: RRI) closed a $3.69M non-brokered private placement, issuing 18.46M units at $0.20 each (1 share + ½ warrant at $0.30 for 2 years). Funds support project advancement and growth. Strategic investors participated; no finder’s fees. TSXV approval pending.

Minera Alamos (TSXV: MAI) reported Q3 2025 net loss of $7.1M due to Nevada assets acquisition. Highlights: Completed $135M bought deal financing; acquired Pan Mine (3,093 oz gold in Oct.), Gold Rock, Illipah from Equinox Gold for $88M cash + shares. Appointed David Stewart as VP Capital Markets; plans TSX listing Q1 2026, 10:1 consolidation, 48.3M options. Advances Copperstone, Cerro de Oro.

Mercado Minerals Ltd. (CSE: MERC) closed a C$5.6M non-brokered private placement, issuing 27.99M units at C$0.20 each (1 share + ½ warrant exercisable at C$0.35 until Nov 2028). Vizsla Silver participated as a strategic investor. Proceeds will advance the Copalito and Zamora projects in Mexico, support acquisitions, IR, and working capital.

Empress Royalty (TSXV:EMPR) reported record results for the nine months ended Sep 30, 2025: revenue US$10.8M (nearly double 2024), gross profit US$7.4M, net income US$3.0M, operating cash flow US$5.2M, and adjusted EBITDA US$7.1M, driven by increased production and strong gold/silver prices.

Heliostar Metals (TSXV: HSTR) announced James Perry, former Newcrest Mining executive and current President of Sweetwater Royalties, has succeeded Jacques Vaillancourt as Chairman following the Nov 26, 2025 AGM. Company also granted 250,000 stock options at $2.63 and 200,000 RSUs to directors, officers, and consultants.