Category: Investor’s Corner

Mexican Gold announced the appointment of Holgren Lai as Chief Financial Officer, effective April 2, 2026, replacing Julie Van Baarsen. Lai brings experience in financial management and junior mining, supporting the company’s focus on capital markets and internal controls as it advances its exploration-stage projects.

DynaResource reported strong 2025 results from its San Jose de Gracia mine, with revenue up 26% to $58.5M, net income of $3.8M (vs. a loss in 2024), and adjusted EBITDA of $12.1M. Gold production reached 21,393 oz, and the company achieved sustained profitability driven by improved efficiency and higher gold prices.

Silver Spruce Resources closed the first tranche of a non-brokered private placement, raising CAD$739,250 through the issuance of 3.7 million units at CAD$0.20 each, with warrants exercisable at CAD$0.30 over four years. Proceeds will fund exploration and working capital, and the company plans a second tranche while extending the financing timeline.

Aura Minerals reported strong 2025 growth, with significant increases in Proven & Probable reserves and overall resources driven by exploration success, project development, and acquisitions. Growth was supported across operating mines and new projects, reinforcing portfolio expansion and mine life extension, while maintaining production momentum and strengthening long-term resource potential.

Santacruz Silver reported its 2025 year-end financial results, highlighting improved revenues, operational performance, and strengthened cash flow driven by its Bolivian operations. The company focused on cost control and efficiency gains while advancing debt reduction and positioning itself for continued growth, supported by strong silver and base metal production.

GFM Resources closed a non-brokered private placement raising C$1.5M through 30M units at C$0.05 (each with a warrant exercisable at C$0.05 for one year). Proceeds will fund liabilities and working capital. The deal triggered ownership changes, including Autlán exiting entirely, while new strategic investors increased stakes. Board changes and stock option grants were also announced.

First Majestic reported strong 2025 reserve and resource growth, with Proven & Probable reserves up 4% to 184.8M AgEq oz and M&I and Inferred resources increasing 50% and 69%, respectively. Growth was driven by exploration success, higher metal prices, and new discoveries like Santo Niño, supporting long-term mine life expansion and a robust 2026 exploration pipeline.

Axo Copper announced a proposed name change to Axo Metals Corp., subject to shareholder approval at an April 27, 2026 meeting and TSXV approval. The change reflects increased gold exposure following the San Antonio project acquisition, alongside its La Huerta copper project, highlighting a broader multi-metal focus beyond copper.

Minera Alamos signed a term sheet for a US$75M revolving credit facility with Scotiabank and National Bank to strengthen its balance sheet, fund growth, and repay its existing gold prepayment facility. The three-year facility offers lower-cost, flexible debt to advance U.S. projects without equity dilution, subject to final agreements and closing conditions.

Americas Gold and Silver reported strong 2025 results with 52% higher silver production (2.65 Moz) and 18% revenue growth to $118M, driven by improved operations at Galena and Cosalá. The company entered 2026 with commercial production at EC120 and expects ~30% annual production growth, supported by ongoing upgrades and higher-grade mining.