Month: January 2026

Silverco Mining provided details on its agreement to acquire Nuevo Silver and the La Negra mine in Querétaro, Mexico. Under the deal, Silverco will issue shares to Nuevo Silver shareholders, with potential earn-out payments tied to future silver prices and production milestones. The acquisition expands Silverco’s Mexican asset base and is expected to enhance long-term growth and production potential.

Shareholders overwhelmingly approved the plan of arrangement for Coeur Mining to acquire New Gold, with about 99% support from New Gold shareholders. Coeur shareholders also approved the required resolutions. The transaction is expected to close in the first half of 2026, subject to regulatory and court approvals.

Chesapeake Gold closed a $17.2 million bought deal public offering (including full exercise of the over-allotment) and a $2.8 million non-brokered private placement with participation from Eric Sprott. Proceeds will support exploration and development at the company’s gold projects in Mexico.

Kingsmen Resources Ltd. (TSXV: KNG) upsized its bought deal private placement to C$11M from C$10M due to strong demand. Red Cloud Securities will buy 4,888,889 units at C$2.25 each (1 share + ½ warrant exercisable at C$3.00 for 36 months), with option for 888,889 more. Proceeds fund Mexican projects and working capital; closing expected ~Feb 11, 2026, subject to TSXV approval.

Silver Spruce Resources announced the resignation of a director and an officer from the company’s board and management team. The departures are part of a broader corporate transition as the company refocuses its priorities. Silver Spruce thanked the outgoing executives for their service and said it is evaluating next steps for leadership continuity.

Goldgroup Mining will acquire Gold Resource Corporation in an all-stock merger (~US$372 M), creating a Mexico-focused precious metals producer with diversified assets in Oaxaca and Sonora, plus the U.S. Back Forty project. The deal values GRC at a 39% premium and is expected to close in Q2 2026, pending approvals.

Questcorp Mining appointed Amandip Singh to its Advisory Board. Singh brings over 15 years of experience in exploration, capital markets and strategic deals. The company also granted 4.4 M incentive stock options to directors, officers and advisors, with some vesting tied to future market-cap milestones, to support its exploration and development efforts.