Day: August 13, 2026

Algo Grande Copper plans a non-brokered private placement of up to five million shares at $0.60 each, raising up to $3 million. Proceeds will expand Phase II exploration at the 100%-owned Adelita copper-gold-silver project in Sonora, Mexico, and support operating costs and working capital. The offering remains subject to regulatory approval.

Algo Grande Copper announced a $3 million non-brokered private placement, issuing up to 5 million shares at $0.60. Proceeds will expand Phase II exploration at the 100%-owned Adelita copper-gold-silver project in Sonora, including ongoing drilling at Cerro Grande, as well as fund operating costs and working capital.

Madoro Metals and Narrow River Resources continue advancing their proposed reverse takeover, including finalizing the shareholder circular and related documentation. Madoro is also proceeding with a concurrent private placement of up to C$1.23 million. Completion remains subject to shareholder and regulatory approvals, TSXV acceptance, financing completion and customary closing conditions.

Discovery Mining reported record Q2 2026 revenue of $319.1 million and net earnings of $52.1 million. Gold production rose 33% year-over-year to 67,309 ounces, with AISC of $2,154 per ounce. The company completed its Kidd Operations acquisition, maintained 2026 guidance and ended June with $607.8 million in liquidity.