Colibri closed first tranche of $1.35M private placement, issuing 9M units at $0.15 (share + $0.25 warrant/24mo). Proceeds for EP and Pilar gold exploration in Mexico. Retained CANMEX for drilling at EP, targeting San Perfecto and Banco de Oro zones.
Osisko Development appoints Scott Smith as VP Exploration effective Nov 1, 2025, from Prime Mining (acquired by Torex). With 30+ years in mining across Americas, including senior roles at Gibraltar, Teck, Newmont, and Antamina, he will advance Cariboo Gold Project and other properties.
Coeur Mining to acquire New Gold in all-stock deal at 0.4959 Coeur shares per New Gold share (16% premium, $7B equity value). Creates $20B North American precious metals firm with 7 ops, $3B 2026 EBITDA, $2B FCF from 20M oz Ag, 900k oz Au, 100M lbs Cu.
Santacruz Silver Mining reported Q3 2025 production: 3.42M silver equivalent ounces (down 3% QoQ), 1.24M silver ounces, 21.6K tonnes zinc, 2.6K tonnes lead, 331 tonnes copper. Steady output despite Bolívar water inflow; dewatering advances aim for high-grade resumption in February 2026.
Silver Spruce Resources completed 1-for-15 share consolidation, reducing outstanding shares from 324M to 21.6M. No fractional shares; trading resumes Nov 4, 2025, on TSXV under SSE with new CUSIP 828229302 and ISIN CA8282293023. Registered shareholders to receive transmittal letters.
Silverco Mining Ltd. (formerly Quetzal Copper Corp.) completed name change, delayed by BC Registries closure from labor dispute. Shares (32.6M outstanding) trade as SICO on TSXV; new name starts Nov 4, 2025. No capitalization change or shareholder action needed. New CUSIP: 827924101, ISIN: CA8279241019.
Oroco Resource Corp. confirms its non-brokered private placement: up to 18M units at US$0.20 each, raising up to US$3.6M (min. US$2M) for Santo Tomas Project. Each unit: one share + half warrant (exercisable at US$0.30 for 24 months). Involves strategic investors including new director Faysal Rodriguez. Closing by Nov. 13, 2025.
Guanajuato Silver Company Ltd. (TSXV:GSVR) announced underwriters exercised the over-allotment option, buying 6,525,000 additional warrants for C$522,000 gross proceeds. Each warrant entitles purchase of one share at C$0.65 until October 9, 2028. Underwriters earned C$31,320 commission.
Heliostar Metals Ltd. (TSXV:HSTR) schedules AGM for Nov 26, 2025. Chairman Jacques Vaillancourt and director Ken Booth to retire; James Perry proposed as successor. Company praises growth to gold production in Mexico. Details voting instructions for registered and beneficial shareholders amid Canada Post delays.
Fresnillo to acquire Probe Gold for CAD$780M (US$560M) at CAD$3.65/share, 24% premium. Gains 10M oz Au in Quebec, including Novador (potential 200k+ oz/year). All-cash deal, financed by reserves; shareholder vote Jan 2026, close Q1. Strategic entry into Canada.
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