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.
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.
Santacruz Silver (TSXV: SCZ) Q3 2025: revenue $80M (+2% YoY), gross profit $20.2M (+28%), net income $16.3M, adjusted EBITDA $19.5M (+67%). Produced 3.42M AgEq oz (+30% YoY); paid off Glencore liability. Cash $40M, working capital $69M (+186% YoY). AISC $35.62/oz.
Silver Tiger Metals Inc. (TSXV:SLVR) closed a C$40M bought deal financing, issuing 54.8M common shares at C$0.73 each. Proceeds will advance exploration and development at the 100%-owned El Tigre silver-gold project in Sonora, Mexico, and support working capital. Underwriters led by BMO and Stifel received a 5.5% commission.
Avino Silver & Gold Mines Ltd. (TSX:ASM, NYSE:ASM) filed a prospectus supplement to increase its at-the-market (ATM) equity offering in the U.S. to US$60 million (from previous limit). Shares will be sold periodically through agents at prevailing market prices, providing flexible capital access. No obligation to sell; conditional TSX approval received.
Santacruz Silver (TSXV: SCZ) shareholders approved all matters at the Nov 25, 2025 AGM, including director elections, board change (Bruce Wolfson replaces Roland Löhner), and share consolidation to meet Nasdaq’s US$4 minimum bid price for proposed U.S. listing. Consolidation ratio and effective date to be announced.
Apollo Silver Corp. (TSX.V: APGO) engaged Equedia Network for 3-month marketing and communications services at a one-time fee of US$350,000. Equedia, an arm’s-length provider, currently holds 6,000 Apollo shares and may buy more. No shares or options issued as compensation. Engagement pending TSXV approval.
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