Bear Creek Mining Corporation reported Q2 2025 production of 7,973 ounces of gold and 33,932 ounces of silver at its Mercedes Mine, reflecting underperformance due to a terminated contractor at the Marianas deposit. A recovery plan is underway, with a new contractor engaged. The company drew US$2.4 million from a Sandstorm promissory note for working capital, amid an ongoing strategic review.
Sierra Madre Gold and Silver Ltd. upsized its private placement to issue 23,572,000 units at $0.70 each, aiming for $16,500,400 in proceeds. Each unit includes one common share and half a warrant, exercisable at $0.85 for 12 months. The offering, led by Beacon Securities, targets Canadian investors (excluding Quebec) under the Listed Issuer Financing Exemption. Closing is expected around July 24, 2025, pending regulatory approval.
Defiance Silver Corp. acquired Green Earth Metals Inc., gaining three copper-gold-silver projects in Sonora, Mexico. The deal involved issuing 4,954,613 Defiance shares for all GEMS shares, valued at C$1,263,426. The projects, located in the Porphyry-Copper Belt, cover 6,795.22 hectares near major mines. Defiance plans a comprehensive exploration campaign, including drilling at the Victoria project.
Aura Minerals priced its U.S. IPO at US $24.25 per share for 8,100,510 common shares, intending to list on the Nasdaq Global Select Market under ticker AUGO to improve liquidity and broaden its shareholder base. Net proceeds will help fund the Mineração Serra Grande acquisition, support strategic growth projects like Era Dorada and Matupá, exploration, and general corporate uses.
Southern Silver Exploration Corp. announced a C$8.0 million bought deal LIFE private placement, issuing 29.63 million units at C$0.27 each (one share + half warrant at C$0.40 for 36 months). Underwriter: Red Cloud Securities (with over-allotment option). Proceeds for Cerro Las Minitas project and working capital.
Sierra Madre Gold and Silver Ltd. announces a $10 million private placement of 14.29 million units at $0.70 each, led by Beacon Securities. Each unit includes one common share and half a warrant, exercisable at $0.85 for 12 months. Proceeds will expand the Guitarra mine and support working capital. The offering, under NI 45-106 exemptions, closes around July 24, 2025, pending TSX Venture Exchange approval.
Roberto Resources Inc. announced a non-brokered private placement financing of 2,500,000 common shares at $0.40 each to raise US $1.0 million. Proceeds will be used for general working capital and future payables related to its Claudia Project acquisition in Durango, Mexico. The company also plans to change its name to Pacifica Silver Corp. subject to CSE approval.
Equinox Gold released its 2024 Sustainability Report, highlighting strong ESG progress. Achievements include a 31% improvement in environmental performance, zero major tailings incidents, $10.1M in social investments, and 100% supplier ethics compliance. The company tied executive bonuses to ESG metrics and launched equity and leadership programs, with 2025 goals focused on safety, diversity, risk management, and third-party ESG assurance.
Pinnacle Silver and Gold Corp. announced on July 14, 2025, a non-brokered private placement to raise up to C$1.2M via 20M units at C$0.06 each (1 share + ½ warrant at C$0.10 for 24 months). Finder’s fees payable. Proceeds advance El Potrero project and working capital. Insider participation; subject to TSXV approval.
Vizsla Silver Corp. (TSX: VZLA, NYSE: VZLA) completed a bought deal public offering, raising US$15,000,300 by issuing 5,000,100 additional common shares at US$3.00 each, following the full exercise of the underwriters’ over-allotment option. The proceeds will advance the Panuco and Santa Fe Projects, potential acquisitions, and general corporate purposes. The offering awaits final TSX approval.
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