Category: Investor’s Corner

Goldgroup Retains Machai Capital Inc.

Goldgroup Mining Inc. (TSXV: GGA) retained Machai Capital Inc., an arm’s-length digital marketing firm, for SEO, SEM, social media, and branding services through January 14, 2026. Cost: C$200,000 plus GST. Agreement subject to TSX.V approval.

Silver Storm Enters Into US$7.0M Offtake Financing With Samsung C&T for Restart of La Parrilla Silver Mine Complex

Silver Storm Mining Ltd. signed a US$7M prepayment financing deal with Samsung C&T subsidiaries to restart the La Parrilla Silver Mine in Mexico. The 18-month facility carries a 1-Month SOFR + 4.75% interest rate, with a six-month grace period and 12-month repayment via concentrate sales deductions. Samsung secures 100% of lead-silver and zinc concentrates for two years. Funds will support mill upgrades and operations.

Vortex Metals Announces Second Tranche of Non-Brokered Private Placement

Vortex Metals Inc. plans to close a second tranche of a non-brokered private placement, issuing up to 2,625,000 units at $0.04 each for $105,000. Each unit includes one share and half a warrant, exercisable at $0.08 for 36 months, with an acceleration clause if shares exceed $0.15 for 10 days after 18 months. Proceeds will fund mining concessions (40%), exploration (40%), and working capital (20%). Securities have a four-month hold period, pending TSXV approval.

Zacatecas Silver Announces Grant of Stock Options

Zacatecas Silver Corp. granted 5,000,000 stock options to directors, officers, and consultants at $0.11 per share, exercisable for five years under its rolling stock option plan. Additionally, the company confirmed non-transferable finders’ share purchase warrants from its September 29, 2025, private placement, exercisable at $0.10 per share for two years.

Luca Mining Confirms Full Operational Continuity at Tahuehueto Mine Following Environmental Inspection

Luca Mining Corp. confirmed normal operations at its Tahuehueto Gold Project in Durango, Mexico, following a PROFEPA environmental inspection. The inspection, part of routine oversight, identified a small, inactive legacy tailings area needing updated documentation. A temporary closure notice was issued for this 0.3-hectare area, but it does not impact ongoing production. Luca is developing a remediation plan while maintaining operations at Tahuehueto and Campo Morado.

Citi Rejects Grupo Mexico Bid For Banamex Unit

Citigroup rejected Grupo Mexico’s $9.3 billion bid for its Mexican retail unit, Banamex, opting to proceed with a previously agreed deal to sell a 25% stake to Mexican billionaire Fernando Chico Pardo for $2.3 billion. Citi plans a public offering for the remaining shares, believing this maximizes shareholder value. Grupo Mexico’s shares rose over 4.5% after the announcement.

Agnico Eagle Announces Investment in Fuerte Metals Corporation

Agnico Eagle Mines Limited acquired 5,000,000 subscription receipts from Fuerte Metals Corporation’s subsidiary for C$8.25 million, increasing its stake to 8.12% (non-diluted) and 11.65% (partially-diluted) upon conversion. This strategic investment aligns with Agnico’s focus on high-potential geological projects, complementing its portfolio of growth initiatives in Canada, Australia, Finland, and Mexico.

Guanajuato Silver Announces Closing of Bought Deal Public Offering for Gross Proceeds of C$43.5 Million

Guanajuato Silver Company Ltd. closed a C$43.5 million “bought deal” offering of 87 million units at C$0.50 each, with each unit including one common share and half a warrant exercisable at C$0.65 until October 9, 2028. Proceeds will fund mine development, working capital, and corporate purposes. Underwriters received a C$2.595 million commission and 2.587 million broker warrants.

Fuerte Announces Closing of Subscription Receipt Private Placement

Fuerte Metals Corporation closed a $57.5 million subscription receipts offering at $1.65 each, issuing 34.8 million units. Proceeds, escrowed, will fund the Coffee Gold Project acquisition from Newmont, exploration, and corporate purposes, pending approvals. Each receipt converts to one share and one five-year warrant ($2.50 strike) upon conditions met by Dec. 31, 2025. TSXV approval pending.

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