Colibri Resource Corporation (TSXV: CBI) announced a revised private placement of up to 115 convertible debenture units for US$115,000 in gross proceeds. The offering will be fully subscribed by existing former debenture holders (no new capital), with each unit including a 10% unsecured convertible debenture and warrants. It remains subject to TSXV approval.
Pinnacle Silver and Gold Corp. (TSXV: PINN) closed the second and final tranche of its non-brokered private placement, issuing 10,915,492 units at $0.14 each for $1,528,169. Total offering: $2,595,713 from 18,540,663 units (1 share + ½ warrant at $0.20 for 24 months). Proceeds fund El Potrero project and working capital.
Madoro Metals signed a letter of intent to acquire all Québec assets of Australian-based Narrow River Resources, aiming to create one of the largest land positions in the emerging Decelles lithium camp with at least 20,000 ha of exploration rights. The deal is structured as a proposed reverse takeover and remains subject to definitive agreements, regulatory and shareholder approvals.
Minera Alamos Inc. (TSXV: MAI, OTCQX: MAIFD) engaged Velocity Trade Capital Ltd. for market-making services to enhance liquidity, reduce volatility, and maintain an orderly market for its shares, per TSXV policies. Velocity Trade will receive a monthly fee of C$6,000; either party can terminate after 60 days with 30 days’ notice. Engagement subject to TSXV acceptance. Announced February 2, 2026.
Capitan Silver hit 1,130.1 g/t AgEq over 1.5 m within 240.5 g/t AgEq over 25.9 m at its Cruz de Plata silver-gold project in Durango, Mexico, as part of 2025 drilling that continues to expand high-grade zones and new targets. Ongoing 2026 drilling seeks to further define the system.
Starcore International Mines Ltd. (TSX: SAM) closed the spin-out of its Côte d’Ivoire African mineral properties to subsidiary EU Gold Mining Inc. via Plan of Arrangement, effective February 6, 2026. Shareholders receive 1 EU Gold share per 2 Starcore shares as return of capital (distributed March 5, 2026; no fractionals/cash). EU Gold assumes liabilities; Starcore focuses on Mexican assets.
Apollo Silver Corp. (TSXV: APGO, OTCQB: APGOF) was accepted into the U.S. Defense Industrial Base Consortium (DIBC) on February 2, 2026. This DoD-supported group enables collaboration on critical minerals supply chains, including silver, zinc, and barite from its Calico Project, aligning with U.S. national security priorities post-silver’s USGS critical designation.
EV Resources commenced its maiden diamond drilling at the Los Lirios antimony project in Oaxaca, Mexico, with a 1,500–2,000 m program targeting high-priority zones toward a maiden resource. Surface samples returned up to 29% Sb. The company is fully funded and refining assay methods for high-grade antimony.
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