Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) priced a US$300M (up to US$350M) offering of 0.25% unsecured convertible senior notes due 2031. Initial conversion price ~US$12.46/share (32.5% premium). Proceeds will repay secured debt, advance the Pitarrilla project in Mexico, and support general corporate and strategic purposes. Closing expected Dec 4, 2025.
GR Silver Mining (TSXV:GRSL) upsized its bought-deal financing to $17.5M (58.33M units at $0.30), with an underwriters’ option for up to $20M total. Each unit includes one share + ½ warrant ($0.42, 36 months). Proceeds will advance the Plomosas silver project in Mexico. LIFE tranche is free-trading; closing expected mid-December 2025.
Pan American Silver reported robust 2025 near-mine exploration results from seven operations (333 km drilled YTD), highlighting resource growth potential. The program continues to focus on resource replacement and expansion across the portfolio.
Riverside Resources (TSXV: RRI) closed a $3.69M non-brokered private placement, issuing 18.46M units at $0.20 each (1 share + ½ warrant at $0.30 for 2 years). Funds support project advancement and growth. Strategic investors participated; no finder’s fees. TSXV approval pending.
Minera Alamos (TSXV: MAI) reported Q3 2025 net loss of $7.1M due to Nevada assets acquisition. Highlights: Completed $135M bought deal financing; acquired Pan Mine (3,093 oz gold in Oct.), Gold Rock, Illipah from Equinox Gold for $88M cash + shares. Appointed David Stewart as VP Capital Markets; plans TSX listing Q1 2026, 10:1 consolidation, 48.3M options. Advances Copperstone, Cerro de Oro.
Mercado Minerals Ltd. (CSE: MERC) closed a C$5.6M non-brokered private placement, issuing 27.99M units at C$0.20 each (1 share + ½ warrant exercisable at C$0.35 until Nov 2028). Vizsla Silver participated as a strategic investor. Proceeds will advance the Copalito and Zamora projects in Mexico, support acquisitions, IR, and working capital.
Empress Royalty (TSXV:EMPR) reported record results for the nine months ended Sep 30, 2025: revenue US$10.8M (nearly double 2024), gross profit US$7.4M, net income US$3.0M, operating cash flow US$5.2M, and adjusted EBITDA US$7.1M, driven by increased production and strong gold/silver prices.
Heliostar Metals (TSXV: HSTR) announced James Perry, former Newcrest Mining executive and current President of Sweetwater Royalties, has succeeded Jacques Vaillancourt as Chairman following the Nov 26, 2025 AGM. Company also granted 250,000 stock options at $2.63 and 200,000 RSUs to directors, officers, and consultants.
Mithril Silver and Gold (TSXV: MSG) engaged ICP Securities for market making (C$7,500/mo), Ignite Partners for APAC IR (US$31K/6 mo), SmallCaps IR for ASX visibility (AU$3K/mo), and Departures Capital for digital marketing (US$10.3K). All arm’s-length, no options issued.
Guanajuato Silver (TSXV:GSVR) reported positive operating cash flow of $3.1M for the first nine months of 2025. Q3 production: 457k AgEq oz; working capital improved $11.3M to +$4.6M. Increased capex targets higher efficiencies; cash position $11.6M pre-$31M financing close.
Mexico Mining Center © 2021 / All Rights Reserved
