Vizsla Silver Corp. summarized 2024 achievements: July PEA showing 15.2 Moz AgEq annual production, US$1.1B NPV, 86% IRR for Panuco; January 2025 resource update to 222.4 Moz AgEq M&I; extensive drilling, test mine start, land expansion, C$95M raised. 2025 outlook: Feasibility Study H2, 37,000m drilling, permitting, surveys.
Including the early redemption of the 2026 Notes, Newmont will have retired approximately $1.4 billion of its debt over the last 12 months, demonstrating the Company’s commitment to deleveraging and strengthening its balance sheet.
Oroco Resource Corp. is pleased to announce a non-brokered private placement of up to 5,000,000 units of the Company at a price of C$0.30 per Unit for gross proceeds of up to C$1,500,000. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.
Questcorp Mining Inc. announced on January 27, 2025, its up-listing to the OTCQB Venture Market effective January 24, 2025, under symbol QQCMF, to boost U.S. investor access and liquidity. Shares continue on CSE (QQQ) and FSE (D910). Granted 1,500,000 stock options at C$0.07, exercisable until 2030.
Mexican Gold Mining Corp. is pleased to announce a non-brokered private placement offering of up to 4,000,000 units of the Company at a price of $0.04 per Unit to raise gross proceeds of up to CAD $160,000.00.
Silver Storm Mining Ltd. is pleased to announce that it is increasing the size of the previously announced non-brokered private placement offering of units of the Company for gross proceeds of up to $3,500,000.01 at a price of $0.09 per Unit subject to approval from the TSX Venture Exchange.
Southern Silver Exploration Corp. revised its non-brokered private placement to C$2.52 million, issuing 14 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.
Commenting on this update, Mr. John C. Gustavsen, President of the Antimony Division of the Company, stated, “We have a great seasoned working team assembled who are excited to complete the refurbishing of the Madero Smelter. We have already rehired field personnel who are crucial in achieving our work program objectives. We anticipate being fully prepared when our first international shipments begin arriving in early March.”
Gold Resource Corporation closed a $2.5 million registered direct offering, selling 15,625,000 common shares at $0.16 each. The company did not use a placement agent and plans to use the net proceeds for working capital and general corporate purposes.
Goldgroup Mining Inc. closed a non-brokered private placement on January 21, 2025, raising CAD $3.5M by issuing 35M units at $0.10 each (one share + ½ warrant exercisable at $0.15 until 2027). Proceeds for Cerro Prieto project advancement, working capital, debt reduction; subject to TSXV approval.
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