Year: 2025

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.

DynaResource reported Q1 2025 revenue of $13.7 million, up 45% from Q1 2024, with net income of $0.6 million compared to a $4.4 million loss last year. Gold production was 5,781 ounces, down 17% from Q1 2024. The company discovered three new mineralized veins and completed flotation circuit upgrades, boosting margins. A Prefeasibility Study supports future exploration to expand reserves.

Golden Minerals reported a Q1 2025 net loss of $1.2M ($0.08/share), down from $4.6M ($0.32/share) in Q1 2024. Cash increased to $3.5M from $3.2M, with zero debt. Restructuring reduced costs, enabling focus on exploration at Argentina’s Desierto and Nevada’s Sand Canyon projects. A Phase I drill program is planned for Desierto. Liquidity concerns persist, with cash depletion projected by Q1 2026 without new funding or asset sales.

Mithril Silver and Gold Limited (ASX: MTH) appointed BDO Audit Pty Ltd as new auditor effective May 20, 2025, replacing Nexia Melbourne Audit Pty Ltd (resigned, ASIC consented). Change aligns with TSXV listing needs for international firm; ratification planned at 2025 AGM.

At Fresnillo plc’s Annual General Meeting on May 20, 2025, all resolutions (1-19 ordinary, 20-23 special) were passed by poll. Resolutions 10-16 for re-electing Independent Directors were approved by majorities of both independent and all shareholders. Total issued shares were 736,893,589. Voting details are available, with special business resolutions submitted to the National Storage Mechanism.