Category: Investor’s Corner

Xali Gold Corp. is shifting its exploration focus to South America, targeting advanced gold projects in Peru with significant resources and PEAs, while continuing work on the Sarape silver-gold project in Mexico. Nine El Oro concessions (35% of the land package) were unlawfully cancelled by the Mexican Mines Bureau. Xali Gold is reviewing legal steps to revoke these cancellations.

Newmont Corporation announced tender offers to purchase up to $2 billion aggregate principal amount of outstanding notes, split into two $1 billion pools with priority levels. Offers expire August 25, 2025; early tenders by August 8 receive $50 premium per $1,000. Pricing uses fixed spreads over U.S. Treasuries.

Goldgroup Mining Inc. (TSXV:GGA) announces its shares now trading on OTCQX Best Market under GGAZF, enhancing U.S. investor access. CEO Ralph Shearing notes this milestone supports doubling Cerro Prieto gold production, advancing the Pinos project, and targeted acquisitions to broaden the shareholder base.

GR Silver Mining Ltd. announced a $12 million bought deal offering, selling 60 million units at $0.20 each. Each unit includes one common share and half a warrant, exercisable at $0.28 for 36 months. Proceeds will advance the Plomosas Project in Mexico and support general corporate purposes. The offering, expected to close by August 12, 2025, is subject to regulatory approvals.

Almaden Minerals Ltd. and Almadex Minerals Ltd. are pursuing arbitration against Mexico under the CPTPP for the complete loss of the Ixtaca precious metals project. The arbitration panel rejected Mexico’s request to consider jurisdictional objections separately, allowing the case to proceed without delay. Almaden expects to provide an update on the arbitration calendar in Q4 2025.

Torex Gold Resources Inc. will acquire Prime Mining Corp. for approximately $449 million (US$327 million), gaining full ownership of the Los Reyes gold-silver project in Mexico. Prime shareholders will receive 0.060 Torex shares per Prime share, a 32.4% premium. The deal enhances Torex’s resource base, diversification, and growth potential, leveraging its Mexican expertise. The transaction is expected to close in H2 2025, pending approvals.

Orla Mining Ltd. reported an uncontrolled material movement of approximately 390,000 tonnes on the temporary north wall at its Camino Rojo Oxide Mine in Mexico on July 23, 2025. No injuries or environmental damage occurred. Mining operations are suspended for geotechnical assessments, expected to conclude within a week, with remediation to follow. The company will process stockpile material (2,243,000 tonnes at 0.32 g/t gold) to maintain production. Updates on full-year guidance are pending.

Mithril Silver and Gold Limited (TSXV: MSG, ASX: MTH) closed a C$11.5 million private placement on July 24, 2025, issuing 31,944,700 shares at C$0.36 each. The funds will advance the Copalquin project in Mexico and support general corporate needs. The offering included a fully exercised Agents’ Option, with shares under a hold period until November 25, 2025.

Sierra Madre Gold and Silver Ltd. closed the first tranche of a $19.5M private placement, raising $17.75M by issuing 25.36M units at $0.70 each, including one share and half a warrant exercisable at $0.85 for 12 months. Funds will support Guitarra mine expansion, East District exploration, and corporate purposes. The offering awaits TSX Venture Exchange approval.

Mammoth Resources Corp. received TSX Venture Exchange approval for a first tranche closing of 21,821,902 units at $0.025 each, raising $545,548. Each unit includes one common share and one-half warrant, exercisable at $0.05 for 18 months. The funds are part of an upsized private placement targeting up to $980,000. Mammoth focuses on its 100%-owned Tenoriba gold property in Mexico.