Category: Investor’s Corner

Silver Tiger Metals Inc. closed a bought deal offering, selling 39,962,500 shares at C$0.72 each, raising C$28,773,000. Proceeds will fund exploration and development at the El Tigre Project in Mexico and general corporate purposes. The offering was led by Stifel Nicolaus Canada Inc. and Desjardins Capital Markets, with a 6% commission, reduced for certain orders. The October 2024 PFS projects robust economics for the El Tigre open pit, with a US$222 million NPV and 40% IRR.

Southern Empire Resources Corp. announced Monumental Minerals (Fortuna Mining Corp.) completed exploration at the Centauro Gold Project, Chihuahua, Mexico, defining 56 drill pads. A 3,500m drilling program targeting precious metals at 300-400m depths starts October 2025. Southern Empire retains a 1% NSR royalty and US$975,000 in potential payments. Centauro shows epithermal/Carlin-style potential, akin to the Pedro Gold Project.

Equinox Gold Corp. reported a record Q3 2025, producing 236,470 ounces of gold, with year-to-date production at 634,428 ounces. Greenstone Mine saw a 10% increase in mining rates and 13% higher mill grades. Valentine Gold Mine poured first gold ahead of schedule on September 14, averaging 57% of nameplate capacity. The company reduced debt by US$139 million and sold Nevada assets for US$115 million.

Grupo México, led by billionaire Germán Larrea, offered to buy up to 100% of Citigroup’s Banamex, valuing it at ~US$2.6B, after failed 2023 talks. The proposal respects Fernando Chico Pardo’s recent 25% stake purchase. Citi prefers an IPO but will review the offer. Grupo México’s stock fell 18.8% amid the news.

Pantera Silver Corp. (TSXV: PNTR) announces a non-brokered private placement of up to 5M units at $0.50 each, targeting $3.5M. Each unit includes one common share and half a warrant (exercisable at $0.75 for 2 years). Proceeds for exploration, acquisitions, and working capital. Subject to TSXV approval and 4-month hold.

Mexican Gold Mining Corp. (TSXV: MEX) has arranged a non-brokered private placement of up to 10M units at $0.085 each, targeting $850K in proceeds. Each unit comprises one share and one warrant (exercisable at $0.12 for 3 years). Funds for working capital; subject to TSXV approval and 4-month hold period.

Quetzal Copper Corp. (TSXV: Q) received conditional TSX Venture Exchange approval for its reverse takeover of Silverco Mining Corp. The deal, closing ~Oct. 16, 2025, will rename Quetzal to Silverco Mining Ltd. (SICO) as a Tier 2 mining issuer. Full details in the Oct. 3 Filing Statement on SEDAR+.

Vizsla Royalties (TSXV: VROY) congratulates Vizsla Silver on its third annual sustainability report, highlighting progress in environmental rehabilitation (e.g., tailings facilities, 5,000 native trees planted), social investment (US$205K in 2025, >US$600K cumulative), and strengthened ESG governance. Vizsla Royalties also engaged SRC Swiss Resource Capital AG for European IR services.

Colibri Resource Corporation plans two non-brokered private placements: an equity offering of 8,666,666 units at $0.15, raising up to $1.3 million, and a debenture offering of 250 convertible debenture units for up to US$250,000. Proceeds will fund exploration at Mexican gold projects, Pilar and EP, and general working capital, while strengthening the balance sheet. Closing requires TSX Venture Exchange approval.

Silver Dollar Resources Inc. closed a $5.9 million brokered private placement at $0.35 per unit, issuing units with shares and warrants exercisable at $0.45 until 2028. Proceeds fund exploration at La Joya Silver Project in Mexico and Ranger-Page in Idaho, plus working capital. Eric Sprott acquired $1M in units, boosting his stake to 17.5% non-diluted.