Empress Royalty Corp. (TSXV: EMPR | OTCQX: EMPYF) appoints Daniel Burns, JD, MBA, CPA, to its Board effective immediately. A governance expert with banking, capital markets, and mining experience, Burns has driven $235M and $370M acquisitions for TSX/TSXV firms. CEO Alexandra Woodyer Sherron lauds his strategic insight for growing the company’s gold/silver royalty portfolio and shareholder value.
Colibri Resource Corporation clarifies its offerings: (1) Up to 8.33M units at $0.15 ($1.25M total) with warrants; (2) $520K debt conversion into 3.47M units; (3) Up to 250 US$1K convertible debentures (10%, $250K) with warrants. Insiders may join, exempt from MI 61-101. Securities have 4-month hold.
Sonoro Gold Corp. upsized its non-brokered private placement to 20M units at $0.20 each, targeting CAD $4M. Each unit includes one common share and a three-year warrant exercisable at $0.28. Proceeds fund Cerro Caliche gold project development and working capital.
Masivo Silver Corp. closed final tranche of non-brokered private placement, raising $1,999,922 via 33,332,033 units (1 share + 1/2 warrant at $0.10 for 12 months). Paid finders $45,268 cash, 800,000 shares, 2,043,083 warrants. Proceeds for exploration at Boston (Nevada) and Cerro Colorado (Mexico), plus working capital. TSX-V approval pending.
Colibri Resource Corporation upsized its equity unit offering to 11.5M units at $0.15 each (one share + 24-month warrant at $0.25) amid strong investor demand. It’s finalizing a drilling contract for the drill-ready EP Gold Project, fully financed post-closing. Insiders may participate as a related party transaction. CEO praises investor confidence.
Aztec Minerals closed a C$10 million bought-deal private placement led by Stifel Canada, issuing 42.6 million shares at C$0.235 each, including full over-allotment. The underwriter received 7% in cash and broker warrants. Proceeds will fund exploration at the Tombstone and Cervantes projects and for working capital. Securities are subject to a four-month hold.
GoGold Resources reported a 45% increase in annual production to 2.15 million silver equivalent ounces for FY 2025, driven by strong output from its Parral project. The company ended the year with US $141 million in cash, positioning it to advance Los Ricos North and commence mine construction at Los Ricos South.
Sandstorm Gold Ltd. (NYSE: SAND, TSX: SSL) received final BC Supreme Court approval for its arrangement with Royal Gold Inc., acquiring all Sandstorm shares at 0.0625 Royal Gold shares each. Closing anticipated Oct. 20, 2025, with subsequent delisting from TSX and NYSE.
Starcore International Mines Ltd. has finalized a 10-year lease on the historical Tortilla Project silver mine in Queretaro, Mexico, for MX$5M (~US$268K). Features oxide (424 g/t Ag) and sulfide (973 g/t Ag) zones with promising metallurgy (91% Ag recovery). Option to buy claims for US$5M.
Capstone Copper released its 2024 Sustainability Report, “Concentrating on Performance,” per GRI/SASB standards. Highlights include Mantoverde concentrator startup, sustainability standards development, Copper Mark awards, and integrated HSE system. Key metrics: 12% GHG reduction, 21% renewable energy, 85% low-quality water use, 48% tailings conformance, and 88% employee engagement. Available at capstonecopper.com/responsibility.
Mexico Mining Center © 2021 / All Rights Reserved
