Category: Investor’s Corner

Pan American Silver announced an enhanced shareholder return framework targeting the return of 35%–40% of annual attributable free cash flow through dividends and share buybacks. Supported by strong cash generation and record liquidity, the company expects to return up to US$1 billion to shareholders in 2026, including approximately US$305 million in dividends.

Silver Spruce Resources provided an update on its Sonora projects, agreeing to acquire the remaining 50% interest in the Jackie Au-Ag property from Colibri through shares and a 1% NSR royalty, while relinquishing its 25% interest in the Diamante project to settle C$80,000 in exploration costs. Both transactions remain subject to TSX Venture Exchange approval.

Silver Spruce Resources announced changes to its proposed director slate for the upcoming annual general and special meeting, adjusting nominees as part of ongoing governance updates. The revisions aim to better align the board with the company’s current strategy while encouraging shareholder participation and approval of the updated slate.

Orex Minerals completed the sale of its Coneto silver-gold project (with Fresnillo plc) to Silver Viper Minerals Corp. for US$15 million in shares, retaining upside exposure through equity. The deal monetizes a non-core asset, strengthens Orex’s balance sheet, and allows focus on its core projects, while Silver Viper gains a district-scale asset in Durango’s prolific epithermal belt.

Silver Viper Minerals completed its acquisition of the Coneto silver-gold project in Durango from Fresnillo plc and Orex Minerals Inc. for US$15 million in shares, consolidating full ownership of the district. The deal brings Fresnillo in as a ~13% shareholder and positions Silver Viper to advance a large, historic epithermal vein system with over 40 known structures.

Orla Mining announced corrective actions at its Camino Rojo mine in Zacatecas following a USMCA panel ruling that found a severe denial of workers’ rights, including union interference and intimidation. The company is implementing measures to ensure freedom of association, strengthen governance, and remediate past issues while reinforcing labor protections and compliance going forward.

Agnico Eagle Mines Limited announced TSX approval to renew its Normal Course Issuer Bid (NCIB) from May 6, 2026 to May 5, 2027, allowing the company to repurchase up to 25.0 million shares (about 5% of its outstanding shares) or up to $2.0 billion, whichever is lower; based on recent prices, this equates to roughly 10.6 million shares (~2.1%), with purchases funded from existing cash, shares cancelled upon repurchase, and the program intended to enhance shareholder returns alongside dividends.

Silver Spruce Resources announced an extension of its non-brokered private placement following the closing of a $739,250 first tranche at $0.20 per unit. The extension allows additional time to complete the financing, with final closing targeted in early May 2026. Proceeds will support exploration activities and working capital, subject to TSX Venture Exchange approval.

Silver Viper Minerals upgraded to the OTCQX Best Market from OTCQB, beginning trading under VIPRF. The move reflects stronger governance and disclosure standards, aiming to improve liquidity, visibility, and access for U.S. investors, while supporting the company’s capital markets strategy as it advances its Mexican precious metals projects.

Agnico Eagle announced that all 11 director nominees were elected at its May 1, 2026 shareholder meeting, each receiving strong shareholder support (generally 94%–99.9% approval). The elected board includes Ammar Al-Joundi, Sean Boyd, and others. Detailed voting results were disclosed, and director bios are available on the company’s website.