GoGold Resources Inc. announced the filing of its final short form prospectus for a $75,002,200 public offering of common shares at $1.82 each, with an over-allotment option for up to 6,181,500 additional shares (potential gross proceeds $86,252,530). Closing expected April 4, 2025; TSX conditional approval received.
Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,800,000. The Company intends to issue up to 8,750,000 units.
Oroco Resource Corp. reported productive meetings with the Governor of Sinaloa and Mexican federal officials to advance the Santo Tomás copper project in Choix, Sinaloa. Authorities acknowledged the project’s potential for sustainable development, economic growth, and local jobs, and discussions included steps toward registering Santo Tomás as a Key Development Project with government support.
Golden Minerals Company announced today that has sold its wholly-owned Mexican subsidiary, Minera de Cordilleras, S. de R.L. de C.V. to a privately held Mexican company for consideration of US $600,000. The sale agreement was signed on April 1, 2025.
Endeavour Silver has upsized its bought-deal financing to raise approximately US$45 million to help fund its US$145 million acquisition of Minera Kolpa and the Huachocolpa Uno Mine in Peru. The financing will be led by BMO Capital Markets. The company has filed a technical report including historical estimates, which require further work to be classified as current resources.
Canuc Resources Corporation. announces closing of the first tranche of its previously announced private placement financing with gross proceeds of $2,270,000 and the issuance of 22,700,000 Units.
Equinox Gold Corp. has indefinitely suspended operations at its Los Filos Mine in Guerrero, Mexico, following the expiry of its land access agreement with the community of Carrizalillo on March 31, 2025.
Aura Minerals reported its updated 2024 Mineral Reserves and Resources across its four operating mines (Aranzazu, Apoena, Minosa, Almas) and development projects Borborema and Matupá. Proven & Probable reserves stayed around 3.4 M GEO despite depletion, while Measured & Indicated resources grew ~1% and Inferred resources ~4% due to successful exploration drilling. Reserve growth at Apoena extended its life, and further upside was noted at Matupá, Almas, and other targets.
“Achieving commercial production at Tahuehueto is an important milestone for Luca and a testament to the hard work and dedication of their team”, stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.
Aura Minerals filed updated NI 43-101 technical reports for its Aranzazu (Mexico), Almas (Brazil) and Minosa (Honduras) mines, detailing updated mineral resource and reserve estimates and complying with Canadian disclosure standards. These reports are available on the company’s website and SEDAR+ for investor review.
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