Year: 2025

Silver Storm Mining Ltd. announced a private placement to raise up to C$6,006,000 by selling 46,200,000 units at C$0.13 each, with an option for an additional C$2,002,000. Each unit includes one common share and one warrant exercisable at C$0.20 for 36 months. Proceeds will fund La Parrilla processing facility rehabilitation, long-lead items, operations, and general corporate purposes. The offering, led by Red Cloud Securities, is set to close around June 5, 2025, pending TSXV approval.

Empress Royalty Corp. appoints Mark N.J. Ashcroft, P.Eng., as Business Development Advisor, North America, to drive portfolio growth. With over 30 years in mining and finance, Ashcroft’s expertise will help identify high-quality gold and silver investment opportunities. This move aligns with Empress’ strategy to expand its diversified royalty and streaming portfolio through regional expertise and strategic partnerships.

Radius Gold Inc.’s subsidiary signed a 2.0% NSR royalty agreement with JRC for the Tlacolula 2 concession in Oaxaca, Mexico, near the San José gold-silver mine. The Tlacolula property hosts a high-grade epithermal gold-silver system, with historic sampling showing up to 19.34 g/t Au and 986 g/t Ag. Radius also holds NSR and project interests in Peru, Mexico, and Guatemala, including the Amalia and Holly projects.

Kingsmen Resources Ltd. closed a non-brokered private placement, raising $1,135,000 by issuing 1,576,389 units at $0.72 each. Each unit includes one share and half a warrant, exercisable at $1.05 for two years. Proceeds will advance the Las Coloradas Silver/Gold project and support working capital. Insiders purchased 25,214 units, and all securities have a four-month hold period, pending regulatory approval.

Sierra Metals Inc. reminds shareholders that Alpayana’s $1.15 per share all-cash offer has been extended until May 23, 2025, at 5:00 p.m. (Toronto time). Alpayana has acquired 86.7% of Sierra’s shares but has not committed to a second-step transaction to buy the remaining shares at the offer price. Shareholders are urged to tender their shares promptly to avoid remaining minority shareholders under Alpayana’s control, which could impact share liquidity and value.

Hecla Mining Company’s 2024 Sustainability Report highlights its ESG performance, emphasizing responsible mining alongside strong financial results. Key achievements include over $1 billion in local economic impact, 38% reduction in Scope 1 & 2 GHG emissions since 2019, and 38% female representation on its Board. The report aligns with GRI, SASB, TCFD, and TSM frameworks, with full details available on Hecla’s website.

Fortuna Mining Corp. released its 2024 Sustainability Report, emphasizing ESG progress. Key highlights include zero fatal incidents, a 0.48 LTIFR, and top-tier greenhouse gas emissions intensity (0.38 tCO2e/oz gold). The company reported no significant environmental or community issues, contributed $103M to governments, and allocated $9.2M to community programs. Governance ties 30% of executive incentives to ESG, with 63% of directors ESG-experienced. The report aligns with SASB, TCFD, and GRI standards.

First Majestic Silver reported voting results from its 2025 Annual General Meeting, where shareholders approved setting the board size at seven and elected directors. Ayesha Hira joined the board, and Deloitte LLP was appointed auditor. However, the non-binding advisory vote on executive compensation (“Say on Pay”) was not approved by shareholders.