Category: Investor’s Corner

Kenadyr Metals Corp. (TSXV: KEN.H) appoints Enrico Gay as CEO (to be renamed Algo Grande Copper Corp.) as it completes the 100% acquisition of the district-scale Adelita copper-gold-silver project in Sonora, Mexico. Timothy McCutcheon steps down as CEO but remains a director. All documents submitted; awaiting TSXV approval for reactivation and name change.

Silver Wolf Exploration Ltd. closed a C$2.125M non-brokered private placement, issuing 14,166,665 units at C$0.15 each (1 share + ½ warrant exercisable at C$0.25 for 36 months). Proceeds will fund a 3,000m drill program at the Ana Maria property in Mexico and working capital. Avino Silver acquired 5M units, increasing its stake to ~11.65% (16.5% diluted). TSX-V final approval pending.

Pinnacle Silver and Gold Corp. (TSXV: PINN) is arranging a non-brokered private placement of up to 18M units at $0.14 each to raise up to $2.52M. Each unit includes one share and one-half warrant (exercisable at $0.20 for 24 months). Proceeds will advance the El Potrero gold-silver project in Mexico and support working capital. Expected close: Dec 19, 2025.

Vizsla Silver Corp. closed a US$300M 5% convertible senior notes offering due 2031, raising ~US$286M net proceeds. Notes convert at ~US$5.84/share (25% premium), with capped calls to reduce dilution. Funds strengthen balance sheet (~2x Panuco capex), cut financing costs vs. traditional debt, and provide full flexibility for development, exploration, and shareholder-friendly actions.

Silver Viper Minerals (TSXV:VIPR) has upsized its non-brokered private placement for the second time due to strong institutional demand, increasing the offering from C$15M to C$17M through the issuance of 21,250,000 units at C$0.80 each. Each unit consists of one common share and one 24-month warrant exercisable at C$1.20. Closing remains on track for around December 10, 2025, subject to TSXV approval.

Kingsmen Resources Ltd. (TSXV:KNG) closed its non-brokered private placement, raising $4.15 million by issuing 3,075,000 units at $1.35 each. Each unit includes one common share and one-half warrant (exercisable at $1.90 for two years). Proceeds will advance the Las Coloradas silver-gold project in Mexico and support working capital.

Osisko Development (NYSE/TSXV:ODV) is selling its 100% interest in the San Antonio Gold Project in Sonora, Mexico to Axo Copper (TSXV:AXO). Consideration includes shares representing 9.99% of Axo, 70% of any VAT refund, up to US$4M in contingent payments (feasibility study and first pour), and anti-dilution on Axo’s first US$10M raised. Transaction closes subject to TSXV approval.

Endeavour Silver is selling its Bolañitos mine to Guanajuato Silver for up to US$50M: US$40M upfront (US$30M cash + US$10M shares) plus up to US$10M contingent on production milestones. The deal, closing January 2026, allows Endeavour to focus on Terronera and Pitarrilla while streamlining its portfolio.

Silver Viper Minerals Corp. (TSXV: VIPR) has upsized its non-brokered private placement due to strong demand, now offering up to 18,750,000 units at $0.80 each to raise up to $15 million (from original ~$10–12M range). Terms unchanged; closing expected around December 10, 2025, subject to TSX-V approval. (48 words)

Sailfish Royalty Corp. (TSXV:FISH) reported Q3 2025 royalty revenue of $430k (up from $212k YoY) and total revenue of $879k. Gross profit rose to $764k, with net income of $1.72M (vs. prior loss). YTD net income reached $1.83M. Key drivers: increased silver stream deliveries and higher gold prices. Post-quarter, Sailfish paid a $0.0125/share dividend and announced a new gold stream + 2% NSR on the Mt. Hamilton project in Nevada.