Prismo Metals Inc. upsized and closed its non-brokered private placement to 17.45 million units at $0.10 each, raising $1.745 million. Warrants amended to one full per unit at $0.175 exercise price for 36 months, sans acceleration clause. Proceeds for Silver King drilling and corporate purposes; more subscriptions expected.
Xali Gold finalized a Definitive Agreement with KCA to transfer rights to the El Oro Tailings Project in Mexico. KCA will process and sell gold/silver from 1.27M tonnes (2.94 g/t Au, 75.12 g/t Ag), paying Xali a 4% NSR (min 3%). KCA paid $200K; recoveries estimated at 78% Au, 86% Ag.
Americas Gold & Silver agreed to buy the neighbouring Crescent Silver Mine in Idaho for about US$65 million (US$20 M cash + ~11.1 M shares) and launched a US$65 M bought-deal equity financing to fund it. The fully permitted, high-grade asset near its Galena Complex could add ~1.4–1.6 Moz annual silver production with operational synergies.
Pinnacle Silver and Gold reported high-grade sampling at La Dura mine, El Potrero Au-Ag project, Mexico: 162 g/t AgEq over 12.48m, extending Dos de Mayo vein mineralization to 500m. New zone discovery with up to 4.51 g/t Au and 269 g/t Ag; undrilled potential for expansion.
Discovery Silver Corp. reported Q3 2025 net earnings of $42.4M ($0.05/share), up from Q3 2024 loss; gold production 63,154 oz at $1,339/oz cash costs, $1,734/oz AISC. Free cash flow $86.8M; cash at $341.5M. New $250M credit facility; positive exploration at Porcupine.
Fuerte Metals appointed Chris Beer as Board Chair, Dawson Proudfoot, and Sandip Rana as directors; Amber Schaefer as Corporate Secretary. Granted 6.975M options and 2.6M bonus shares. Advancing Coffee Gold project (3M oz M&I resource) toward 2027 construction, respecting First Nations territories.
Mexican Gold acquired 100% interest in Chesapeake’s Tatatila Project (3,824 ha) in Veracruz, Mexico, adjoining Las Minas, for 4.45M shares ($222K value, 14.99% stake) and 1.5% NSR royalty (0.5% buy-back at US$500K). Shares subject to hold periods and 2.5-year lock-up; pending TSXV approval.
Silver Tiger Metals announced a C$40M bought deal offering of 54.8M shares at C$0.73 each, led by BMO and Stifel. Underwriters have 15% over-allotment option. Proceeds for El Tigre project exploration/development and corporate purposes. Closing ~Nov 26, 2025.
Silver Spruce signed an amending agreement to acquire Colibri’s 50% interest in the Jackie Au-Ag Project in Sonora, Mexico, for 166,667 shares at $0.15 each and 1% NSR royalty, gaining 100% ownership. Plans include environmental permitting, fieldwork, trenching, and initial drilling on high-grade epithermal targets.
Chesapeake Gold Corp. completed the sale of its Tatatila gold-copper project in Mexico to Mexican Gold Mining Corp., receiving 4,451,361 shares (14.99% stake) and a 1.5% NSR royalty. Shares are locked up for 2.5 years; an early warning report will be filed on SEDAR+.
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