Fuerte Metals closed a C$17.25M brokered private placement, issuing flow-through shares at C$5.25 and C$6.04. Proceeds fund exploration at the Coffee Gold Project in Yukon, with expenses renounced by Dec 31, 2025. Agents received commissions; insider participation noted.
Mercado Minerals signed community access and exploration agreements with two ejidos in Copalito, Sinaloa, Mexico, for its project. Agreements include annual fees of 100,000 MXN starting 2026, road repairs, and one-year renewals, advancing the drilling permit process.
Fortune Bay appointed Ronald Halas, P.Eng., as Senior Mining Advisor for its 100% owned Goldfields Project in Saskatchewan. Halas brings 35+ years of gold mining experience. Recent drilling at Box deposit targets extensions; assays, metallurgical results, and permitting advances expected in early 2026 toward PFS.
Kootenay Silver discloses engagement of Sideways Frequency LLC for $500K in promotional marketing services, compliant with policies and under company editorial control. Recent OTCQX trading surge attributed mainly to rising silver prices, positive market, and drill results, not promotions. No undisclosed involvement.
First Majestic Silver Corp. agrees to sell its Del Toro Silver Mine in Zacatecas, Mexico, to Sierra Madre Gold & Silver Ltd. for up to US$60M: US$30M upfront (US$20M cash + US$10M shares) plus up to US$30M in contingent payments tied to milestones. Closing expected early 2026, subject to approvals.
Sierra Madre Gold & Silver Ltd. agrees to acquire Del Toro Silver Mine from First Majestic for up to US$60M (US$20M cash + US$10M shares upfront; up to US$30M contingent). Announces concurrent $50M subscription receipts offering to fund deal and restart production (target mid-2028).
Fuerte Metals Corporation (TSXV: FMT) announced AGM results: seven directors elected, auditors re-appointed, and new Omnibus Equity Incentive Plan approved. Appointed technical advisors Kerry Sparkes (35+ years exploration experience) and Scott J. Hicks (20+ years, ex-Prime Mining CEO). Granted 975,000 options and 171,839 RSUs.
First Majestic Silver agreed to sell its 100 %-owned Del Toro silver mine in Zacatecas, Mexico to Sierra Madre Gold & Silver for up to US $60 million in cash and shares. The deal includes $30 M upfront and up to $30 M in milestone-based payments, contingent on financing, resource expansion, and production targets. Closing requires regulatory and shareholder approvals.
Capitan Silver Corp. closed a C$23M bought deal financing, issuing 11.33M shares at C$2.03 each (full underwriters’ option exercised). Proceeds to fund exploration at Cruz de Plata gold-silver project and general purposes.
GR Silver Mining Ltd. closed a C$20M bought deal offering, issuing 66,666,832 units at C$0.30 each (full over-allotment exercised). Each unit: one share + half warrant (ex. C$0.42 until Dec 2028). Proceeds for Plomosas Silver Project and working capital.
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