Algo Grande Copper Corp. (TSXV: ALGR) announced a $5M non-brokered private placement of up to 7,692,308 shares at $0.65 each. Proceeds fund Phase II drilling at the Adelita Cu-Au-Ag Project in Sonora, Mexico, targeting Cerro Grande expansion and a 6km skarn corridor, plus working capital. Canaccord Genuity advisor; 4-month hold.
Candelaria Mining Corp. (TSX-V: CAND.H, OTC PINK: CDELF) announced the dismissal of Davidson & Company LLP as auditor, effective January 28, 2026, at the company’s request. Saturna Group Chartered Professional Accountants LLP appointed as successor until next AGM. No disagreements or reportable events; approved by audit committee and board.
Kootenay Silver Inc. closed a bought deal LIFE private placement, raising gross proceeds of C$18 million by issuing 8,000,001 common shares at C$2.25 each (including full over-allotment). Proceeds will advance its Columba and La Cigarra silver projects in Mexico, plus general corporate purposes.
Mercado Minerals Ltd. received an exploration drill permit for its Copalito Project in Sinaloa, Mexico, allowing use of existing and new drill pads. A 3,000-metre diamond drill program is planned to start in Q1 2026 to test vein extensions, infill drill, evaluate depth targets, and explore new areas, following 81 historical holes.
Vortex Metals Inc. engaged Global One Media for investor marketing services, including video interviews, news dissemination, and outreach to Millennials and Gen Z via digital channels. The 6-month agreement (Feb 1–Jul 31, 2026) costs USD$6,000/month, renewable, pending TSX Venture Exchange approval.
Colibri Resource Corporation (TSXV: CBI) closed a debenture units offering, issuing 115 units for US$115,000 to two former debenture holders (no new funds raised). Each unit includes a US$1,000 10% convertible debenture (maturing Feb 2028, convertible at C$0.25/share) and 5,200 warrants (exercisable at C$0.25 for 24 months). TSXV-approved; 4+1 day hold period.
Canasil Resources Inc. announced reinstatement to TSX Venture Exchange Tier 2 status, effective February 9, 2026, with trading symbol changing from CLZ.H to CLZ. This follows recovery from a 2023 Cease Trade Order. CEO Bahman Yamini expressed pleasure and focus on advancing silver-gold-copper projects in BC, Canada, and Durango/Zacatecas, Mexico.
Vizsla Silver Corp. announced on February 9, 2026, that families reported several colleagues abducted from its project site in Concordia, Mexico, have been found deceased. The company awaits official confirmation from Mexican authorities, expresses deep condolences, and focuses on supporting affected families while aiding recovery of those still missing.
Discovery Silver Corp. announced Investor Day 2026 on March 2, 2026, at 11:00 am ET, held in-person at Vantage Venues in Toronto with live webcast and Q&A. The event will provide company updates, including progress on the Cordero silver project and Porcupine gold complex.
Canasil Resources received a $400,000 first anniversary option payment from AuRORA Minerals (Freeport-McMoRan & Amarc JV) for the Brenda gold-copper-silver property in BC, Canada. This extends the option for a second year and increases the exercise price to $9M.
Mexico Mining Center © 2021 / All Rights Reserved
