Day: February 19, 2026

Silverco Mining Ltd. closed its previously announced $62.5 M “bought deal” financing led by Velocity Capital Partners and co-lead underwriters, issuing 4 M shares and 1 M units at $12.50 each. Eric Sprott invested $10 M. Net proceeds will fund exploration, the Cusi restart, and working capital as the company pushes toward becoming a significant silver producer.

First Majestic reported record Q4 2025 production and revenue—4.2 M silver ounces and $464 M (+169% Y/Y)—plus strong earnings and cash flow. Full-year 2025 also set records across production, revenue and cash balances. The company declared a small quarterly dividend and noted a director’s resignation, with a conference call scheduled to discuss results and 2026 guidance.