“That tariff is not justified,” said Ebrard. “It’s unfair according to President Trump’s own arguments. Because we, I repeat, have more (steel) imports than exports.”
Defiance Silver Corp. (Feb 11, 2025) closed the second tranche of a private placement, raising C$1,560,600 via 7,803,000 units at C$0.20 each (each unit: 1 share + ½ warrant at C$0.35/24 months). Combined with first tranche (C$732,200), total C$2,292,800; third tranche planned for overall C$3.3M. Proceeds for exploration and working capital.
Capitan Silver Corp. revised warrant terms for its C$5.3M private placement (13.25M units at C$0.40 each), adding an acceleration clause: warrants (exercisable at C$0.50 for 12 months) expire in 30 days if shares exceed C$0.50 post-significant acquisition announcement. Closing expected February 17, 2025.
Sierra Madre Gold & Silver reported record production in January 2025 at its 100 %-owned Guitarra Mine Complex in Estado de México, reaching full commercial output at 500 t/d. The company shipped 349.48 dry t of concentrate with very high grades (~2,429 g/t Ag and ~32.12 g/t Au). Quarterly and financial details will follow.
Questcorp Mining Inc. announced on February 10, 2025, a non-brokered private placement of up to 33M units at C$0.06 each for gross proceeds of up to C$1.98M. Each unit: 1 share + 1 warrant (exercisable at C$0.10 for 2 years). Proceeds fund La Union project acquisition, North Island exploration, payables, and working capital. Subject to CSE approval.
Southern Silver Exploration Corp. announces an additional increase to its previously announced non-brokered private placement from $3,000,000 to $3,600,000.
Alexandra Woodyer Sherron, CEO of Empress stated, “Tahuehueto has successfully reached several key milestones, showcasing the hard work and strategic vision of the Luca team.”
Southern Silver Exploration Corp. increased its non-brokered private placement from C$2.52M to C$3.0M, issuing 16.67 million units at C$0.18 each (one share + half warrant at C$0.28 for 3 years). Proceeds will advance the Cerro Las Minitas project and general corporate purposes.
McEwen Mining Inc. today announced the pricing of $95 million aggregate principal amount of its convertible senior notes due 2030 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
McEwen Mining Inc. priced an upsized $95 million offering of 5.25% convertible senior notes due 2030 in a private placement, with an option for an extra $15 million (totaling $110 million). The notes have an initial conversion price of ≈$11.25 (about 30% premium) and potential upside to $17.30 with capped calls. Proceeds will help refinance debt and support corporate needs.
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