Month: May 2026

Silver Viper Minerals Completes Acquisition of the Coneto Silver-Gold Project

Silver Viper Minerals completed its acquisition of the Coneto silver-gold project in Durango from Fresnillo plc and Orex Minerals Inc. for US$15 million in shares, consolidating full ownership of the district. The deal brings Fresnillo in as a ~13% shareholder and positions Silver Viper to advance a large, historic epithermal vein system with over 40 known structures.

Orla Mining Takes Action to Protect Labour Rights at Camino Rojo

Orla Mining announced corrective actions at its Camino Rojo mine in Zacatecas following a USMCA panel ruling that found a severe denial of workers’ rights, including union interference and intimidation. The company is implementing measures to ensure freedom of association, strengthen governance, and remediate past issues while reinforcing labor protections and compliance going forward.

Agnico Eagle Announces Renewal of Normal Course Issuer Bid

Agnico Eagle Mines Limited announced TSX approval to renew its Normal Course Issuer Bid (NCIB) from May 6, 2026 to May 5, 2027, allowing the company to repurchase up to 25.0 million shares (about 5% of its outstanding shares) or up to $2.0 billion, whichever is lower; based on recent prices, this equates to roughly 10.6 million shares (~2.1%), with purchases funded from existing cash, shares cancelled upon repurchase, and the program intended to enhance shareholder returns alongside dividends.

Silver Spruce Resources Inc. Announces Extension of Non-Brokered Private Placement

Silver Spruce Resources announced an extension of its non-brokered private placement following the closing of a $739,250 first tranche at $0.20 per unit. The extension allows additional time to complete the financing, with final closing targeted in early May 2026. Proceeds will support exploration activities and working capital, subject to TSX Venture Exchange approval.

Silver Viper Minerals Upgrades to OTCQX Best Market

Silver Viper Minerals upgraded to the OTCQX Best Market from OTCQB, beginning trading under VIPRF. The move reflects stronger governance and disclosure standards, aiming to improve liquidity, visibility, and access for U.S. investors, while supporting the company’s capital markets strategy as it advances its Mexican precious metals projects.

Agnico Eagle Announces Election of Directors

Agnico Eagle announced that all 11 director nominees were elected at its May 1, 2026 shareholder meeting, each receiving strong shareholder support (generally 94%–99.9% approval). The elected board includes Ammar Al-Joundi, Sean Boyd, and others. Detailed voting results were disclosed, and director bios are available on the company’s website.

DynaResource Announces $1.0 Million Financing from Ocean Partners

DynaResource announced a US$1.0 million non-brokered financing with Ocean Partners, issuing shares at US$1.20 to strengthen its balance sheet and support operational improvements. The funds will help enhance productivity and advance growth initiatives at its San José de Gracia gold operation in Sinaloa, Mexico.

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