Year: 2025

Kenadyr Metals Corp., to be renamed Algo Grande Copper Corp., closed the first tranche of a $2.26 million private placement, issuing 6,034,036 subscription receipts at $0.375 each. Funds will support the Adelita Project acquisition and exploration in the Sonora-Arizona Copper Belt, pending TSXV approval. Proceeds are in escrow until the transaction completes, with $102,865.09 in finder’s fees and 274,307 warrants issued.

Silver Tiger Metals announces C$25M bought deal offering of 34.75M shares at C$0.72 each, with underwriters’ option for 15% more (up to C$28.8M total). Proceeds fund El Tigre Project exploration in Mexico and corporate purposes. Closing ~October 7, 2025.

Discovery Silver Corp. has entered a US$250M revolving credit facility (expandable to US$350M) with BMO, CIBC, and NBC, maturing in 2028. It provides flexibility for growth in Canada and Mexico. The company will terminate its undrawn US$100M term loan with Franco-Nevada.

Alamos Gold sold its Turkish development projects (Kirazlı, Ağı Dağı, Çamyurt) to Tümad Madencilik for $470M cash: $160M at closing, $160M after one year, $150M after two years (secured by bank guarantees). Proceeds to fund North American growth and reduce debt.

Goldgroup Mining Inc. closed a CAD $4M non-brokered private placement, selling 4,848,485 units at $0.825 each (one share + one warrant exercisable at $1.05 until Sept 2027). Paid finder’s fees of $182,505 plus warrants/units. Proceeds for pursuing mining acquisitions. Securities hold until Jan 2026.

Canasil Resources Inc. announces BCSC revocation of Cease Trade Order after filing financial statements for 2023-2025. CTO revoked Sept 5, 2025; applied for TSXV trading reinstatement. Business unchanged, focusing on mineral properties in BC, Canada, and Mexico; no share structure changes.

Defiance Silver Corp. starts 10,000m oriented core drilling at Zacatecas project to update San Acacio resource and test high-grade targets, following 2021 Lucita success. Drilling by Major Drilling. Clarifies June 2025 financing: C$90,000 + 360,000 warrants to finder Sabine Hogel.

Pan American Silver reports as of June 30, 2025: Proven & probable reserves at 452.3M oz Ag, 6.3M oz Au; M&I resources (excl. reserves) 1,130.6M oz Ag, 9.9M oz Au; Inferred 405.6M oz Ag, 8.6M oz Au. La Colorada adds 52.7M oz Ag inferred; excludes MAG acquisition.

McEwen Inc. named Ian Ball as Vice-Chairman, a newly created executive role to support strategic growth. Ball, an independent director since 2022 and former CEO of Abitibi Royalties, will help advance long-term growth, exploration and McEwen’s goal of doubling production by 2030.

Quetzal Copper (TSXV: Q) refiled Q2 2025 financials and MD&A to correct share-based compensation disclosure, including options/warrants counts and accounting for Jan. 15, 2025 grant. No impact on cash or exploration expenses.