Pan American Silver Corp. (NYSE: PAAS) acquired 18.75M units of Galleon Gold Corp. (TSXV: GGO) at C$0.60 each via private placement, gaining 18.75M shares and 9.375M warrants (exercisable at C$0.75 until Dec 2027). This boosts ownership to ~14.7% undiluted, ~29.7% partially diluted, atop a C$8M convertible debenture. Investment for long-term potential; early warning filed.
Americas Gold and Silver closed an oversubscribed US$132.25M bought deal financing, issuing 33M shares at US$4.00 each. Proceeds will fund the acquisition of Crescent Silver Mine (Idaho) and related capex. CEO notes strong institutional support, early Galena hoist upgrade enabling a 21-day December pause, and a fully-funded, robust 2026 outlook.
Guanajuato Silver is optimizing operations ahead of Bolanitos acquisition (expected Jan 2026): temporarily closing Cata mill, rerouting Valenciana ore to El Cubo, aiming for higher plant utilization and lower costs. Court ruled subsidiary owes NucTech ~US$10.3M in equipment dispute; company will appeal, staying payment.
Fortune Bay Corp. (TSXV: FOR) announced the appointment of Patrick McGrath as Chief Financial Officer, effective immediately. Mr. McGrath, a CPA with over 25 years of resource-sector finance and leadership experience, succeeds Sarah Oliver, who served as CFO since 2016 and will assist with the transition.
Minaurum Gold (TSXV:MGG) has upsized its previously announced private placement to up to C$20M, offering 55.56M units at C$0.36 (each: 1 share + ½ warrant @ C$0.50, 24 months), with an option for another C$5M. Proceeds fund Phase II drilling at the Alamos silver project and working capital. Closing ~Dec 11, 2025.
Gold Resource Corp (NYSE American: GORO) reports exceptional two-week production from the high-grade Three Sisters zone at Don David Gold Mine (Mexico): NSR values up to 129% above model, with mined tonnage 40% higher than planned. Company resumes advancement of Back Forty Project in Michigan, planning feasibility study and permitting.
Orla Mining Ltd. (TSX:OLA, NYSE:ORLA) declared its inaugural quarterly dividend of US$0.015 per share (US$0.06 annualized), payable February 10, 2026 (record date January 12). The policy reflects strong finances and commitment to shareholder returns while funding growth, including the South Railroad Project. Yield ~0.45% at US$13.35/share.
Silver Spruce Resources (TSXV:SSE) announced a non-brokered private placement of up to 10M units at $0.10 ($1M gross), each with one share and one 3-year warrant at $0.15. Proceeds will fund exploration on its Jackie, Pino de Plata, and Melchett Lake projects plus working capital. Closing by Dec 31, 2025.
First Majestic Silver Corp. (NYSE:AG, TSX:AG) is privately placing US$300 million (optionally up to US$345 million) of unsecured convertible senior notes due 2031. Net proceeds will partially repurchase its existing 2027 convertible notes and fund general corporate/strategic purposes. The notes are unregistered and sold under exemptions in the US and Canada.
Minaurum Gold Inc. (TSXV:MGG) announced a best-efforts private placement of 27.78M units at C$0.36 for ~C$10M gross proceeds (optionally +C$1.5M). Each unit: 1 share + ½ warrant (C$0.50 exercise, 24 months). Proceeds fund Phase II drilling at Alamos silver project and working capital. Closing ~Dec 11, 2025.
Mexico Mining Center © 2021 / All Rights Reserved
