Questcorp Mining Inc. (CSE: QQQ) closed first tranche of private placement: 14M units at $0.15 for $2.1M (share + 1/2 warrant at $0.20 exp. 2027). Proceeds for exploration. $2M under sharing agreement with Sorbie. Anticipates further $1.4M tranche for $3.5M total.
Starcore International Mines Ltd. (TSX: SAM) held its AGM on October 24, 2025, with 48.75% shareholder attendance. All directors elected (85-99% votes); other matters approved >96%, including auditor appointment, Côte d’Ivoire spin-out, and $5M private placement. Board appointed Eadie as CEO, Garcia as COO, Arca as CFO, Avelino as Secretary.
Southern Silver Exploration Corp. (TSXV: SSV) passed all AGM resolutions, re-appointed Smythe LLP as auditor, approved 10% stock option plan. Re-elected directors; appointed Ramon Davila as new director with 1M options at $0.36 for 5 years. Re-appointed officers including Page as President.
Kingsmen Resources Ltd. (TSXV: KNG) completed option acquisition for 100% interest in Almoloya Gold/Silver project in Parral, Mexico, near Las Coloradas. Terms: staged payments over 8 years, US$325K in first two. Covers 866 hectares with historic mines; focuses on high-grade Ag, Pb, Zn, Au exploration.
Minera Alamos appoints Darren Blasutti as EVP Corporate Development, leveraging his 25+ years in mining finance. Doug Ramshaw resigns as President. Company announces $3.5M private placement (Blasutti subscribes $1M), settles USD$3.6M debt via shares, and grants 7M RSUs to officers/directors.
Apollo Silver Corp. (TSX.V: APGO; OTCQB: APGOF) closes first tranche of upsized private placement, raising $25.1M via 6.98M units at $3.60 (1 share + warrant at $5.50/24mo, accel at $7.50). Total $26.8M expected. Proceeds for Calico (CA) advancement, Cinco de Mayo (MX) relations, maintenance, G&A. TSXV approval pending.
Silver Storm Mining Ltd. (TSX.V: SVRS) changed auditors from Dale Matheson Carr-Hilton Labonte LLP to BDO Canada LLP, effective October 13, 2025. Board appointed successor October 21. No reservations in prior reports or reportable events. Notice and letters reviewed by audit committee and filed on SEDAR+.
Prime Mining (TSX: PRYM; OTCQX: PRMNF) completes arrangement with Torex Gold; Torex acquires all shares at 0.06 Torex share per Prime share. Shares to delist from TSX, OTCQX, Frankfurt; apply to cease reporting issuer. Details in Aug. 25 circular; contact Computershare for consideration.
Sonoro Gold Corp. closed its oversubscribed non-brokered private placement, raising CAD $4.1M via 20.5M units at $0.20 each (one share + three-year warrant at $0.28). Insiders subscribed ~$401K. Proceeds fund Cerro Caliche gold project (updated PEA, 100% ownership, permits) and San Marcial spin-off into Oronos Gold Corp.
Torex Gold (TSX: TXG; OTCQX: TORXF) completes acquisition of Prime Mining via arrangement, adding Los Reyes Au-Ag project in Mexico (Indicated: 1.5Moz Au, 54Moz Ag; Inferred: 538koz Au, 21.6Moz Ag). Prime shareholders receive 0.06 Torex shares each (~10.2M total); Prime to delist. PEA targeted mid-2026.
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