Category: Investor’s Corner

Minera Alamos (TSXV: MAI) reported Q3 2025 net loss of $7.1M due to Nevada assets acquisition. Highlights: Completed $135M bought deal financing; acquired Pan Mine (3,093 oz gold in Oct.), Gold Rock, Illipah from Equinox Gold for $88M cash + shares. Appointed David Stewart as VP Capital Markets; plans TSX listing Q1 2026, 10:1 consolidation, 48.3M options. Advances Copperstone, Cerro de Oro.

Mercado Minerals Ltd. (CSE: MERC) closed a C$5.6M non-brokered private placement, issuing 27.99M units at C$0.20 each (1 share + ½ warrant exercisable at C$0.35 until Nov 2028). Vizsla Silver participated as a strategic investor. Proceeds will advance the Copalito and Zamora projects in Mexico, support acquisitions, IR, and working capital.

Empress Royalty (TSXV:EMPR) reported record results for the nine months ended Sep 30, 2025: revenue US$10.8M (nearly double 2024), gross profit US$7.4M, net income US$3.0M, operating cash flow US$5.2M, and adjusted EBITDA US$7.1M, driven by increased production and strong gold/silver prices.

Endeavour Silver Corp. announced a US $300 million private offering of unsecured convertible senior notes due 2031, with an option to sell an extra US $45 million. Proceeds are planned to repay secured debt, fund the Pitarrilla project in Durango, Mexico, and for general corporate purposes. The notes will pay fixed interest, be convertible into shares, and are subject to customary conditions.

Heliostar Metals (TSXV: HSTR) announced James Perry, former Newcrest Mining executive and current President of Sweetwater Royalties, has succeeded Jacques Vaillancourt as Chairman following the Nov 26, 2025 AGM. Company also granted 250,000 stock options at $2.63 and 200,000 RSUs to directors, officers, and consultants.

Regency Silver Corp. granted 4,500,000 stock options to directors, officers, employees and consultants under its Stock Option Plan. The options are exercisable at $0.20 per share (subject to vesting requirements) and are intended to incentivize key personnel, aligning their interests with the company’s growth and exploration efforts.

Mithril Silver and Gold (TSXV: MSG) engaged ICP Securities for market making (C$7,500/mo), Ignite Partners for APAC IR (US$31K/6 mo), SmallCaps IR for ASX visibility (AU$3K/mo), and Departures Capital for digital marketing (US$10.3K). All arm’s-length, no options issued.

Guanajuato Silver (TSXV:GSVR) reported positive operating cash flow of $3.1M for the first nine months of 2025. Q3 production: 457k AgEq oz; working capital improved $11.3M to +$4.6M. Increased capex targets higher efficiencies; cash position $11.6M pre-$31M financing close.

Heliostar Metals (TSXV: HSTR) has filed an updated NI 43-101 Technical Report (effective Oct 19, 2025) for its operating La Colorada gold mine in Sonora, Mexico. Report prepared by Mine Technical Services Ltd.; now available on SEDAR+ and company website.

Inomin Mines (TSXV: MINE) closed the sale of its Mexican subsidiary (holding La Gitana and Peña Blanca gold-silver projects) to Calu Royalty for $350,000 cash: $200,000 received, final $150,000 due within 6 months or upon title transfer. Transaction is arm’s length.