Stroud Resources Ltd. (TSX: SDR) appoints Conor O’Brien, a financial expert with 20+ years in capital markets, as independent director. The Board grants 1,005,000 stock options to directors/officers at $0.12/share, vesting immediately, expiring in five years, pending approval.
Guanajuato Silver (TSXV:GSVR) is upgrading its mining fleet at El Cubo and Valenciana Mines in Mexico for better efficiency. Six new vehicles delivered: three low-profile trucks and three scooptrams. Three 20-tonne Torino trucks ordered, arriving monthly from October, to boost production.
Oroco Resource Corp. (TSX-V: OCO; OTCQB: ORRCF) appoints Faysal Rodriguez, SVP Mexico at Torex Gold, to its Board. With 25+ years in mining, including operations in Mexico, he brings expertise in development, safety, and community relations to advance the Santo Tomás copper project.
Orla Mining Ltd. announced Scott Langley’s immediate resignation from its Board. As Newmont’s nominee, his departure follows termination of their investor rights agreement after Newmont sold its shares. No further Board changes planned; thanks given to Langley for his three-year contributions.
Canasil Resources Inc. announces TSX-V reinstatement of trading after Sept. 5, 2025, CTO revocation. Business objectives unchanged: advancing mineral properties in BC, Canada, and Durango/Zacatecas, Mexico. No share structure changes. Optimistic about positive market environment.
Newmont sold 43 million Orla Mining shares for $439 million at $10.14 per share via TSX, exiting its 13.3% stake. The sale aligns with Newmont’s strategy to streamline its portfolio and boost liquidity. Additionally, Newmont agreed to sell its Coffee Project in Yukon to Fuerte Metals for up to $150 million, enhancing capital allocation.
Prime Mining announces Glass Lewis recommends Prime Securityholders vote FOR the arrangement with Torex Gold, citing premium, strategic rationale, and growth upside. CEO Scott Hicks welcomes the endorsement. Voting deadline: Sept 25, 2025; special meeting: Sept 29. Board unanimously recommends FOR.
Goldgroup Mining acquired 52.7% of creditors’ rights in Molimentales for ~US$3.74M, gaining majority control to file a Plan of Arrangement for ownership of Mexico’s San Francisco Mine, free of liens. This advances restructuring, mine restart potential, subject to court, liquidator, and regulatory approvals.
Vizsla Silver appoints Eduardo Luna, a Mexican Mining Hall of Fame inductee with 40+ years experience (Goldcorp, Wheaton, Primero), as Lead Director. Luna joined the board in 2023 and offers expertise from San Dimas mine. Company grants 1.55M PRSUs vesting post-Panuco Feasibility Study.
Xali Gold completes TSX.V reinstatement review. Remedioambiente agreement for El Oro gold/silver recovery includes NSR royalties, fee payments, and managing unlawful concession cancellations. Drops Sarape Project option. Plans to reduce $3.15M deficit via third-party payments, shares for debt, and 2025-2026 financings. Focus shifts to South American acquisitions.
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