Category: Investor’s Corner

Mexican Gold announced a non-brokered subscription receipt financing of up to C$1.125 million and a C$500,000 interim loan to Alcon Silver in connection with its proposed acquisition of Alcon. The financing and loan are intended to support transaction costs, working capital, and advancement of the combined company’s precious metals exploration assets in Mexico and Peru.

Goldgroup Mining completed the acquisition of 100% of Molimentales del Noroeste, owner of the past-producing San Francisco Gold Mine in Sonora, Mexico. The transaction adds a fully permitted gold project containing 1.226 million ounces of measured and indicated resources, with plans to restart operations in late 2026 or early 2027.

Kootenay Silver reported a serious accident at its Columba Silver Project in Chihuahua, Mexico, involving a contract miner working in the F Vein shaft. The worker had not been located as of the announcement, prompting rescue efforts, notification of authorities, and an investigation into the cause of the incident. Kootenay has temporarily suspended all exploration activities at Columba while the investigation is underway and expressed its condolences to the worker’s family, friends, and colleagues.

Galore Resources reported progress at its Dos Santos Project, including the regularization of six key mining concessions and advancements in addressing legal and administrative matters affecting the property. The company is working to restore full operational control, position the project for future exploration, and maintain financial flexibility through shareholder-backed financing while evaluating strategic options to advance the asset.

Americas Gold & Silver has completed agreements eliminating its remaining silver and gold delivery obligations. The company settled its silver commitment by issuing 7.96 million shares to Sprott Mining and its gold obligation through a combination of 5,000 ounces of gold and 2.65 million shares to International Royalty Corporation, simplifying its balance sheet and removing future metal delivery commitments.

First Majestic reported that all matters presented at its 2026 Annual General Meeting were approved by shareholders. All six director nominees were elected, including Keith Neumeyer, and shareholders also approved the appointment of the auditor and the company’s executive compensation approach. Director support was generally very strong, with most nominees receiving over 98% approval, although Thomas F. Fudge Jr. received lower support at approximately 70%.

Sonoro Gold announced the closing of an oversubscribed non-brokered private placement that raised approximately C$15.5 million. The financing was increased due to strong investor demand and will provide funding to advance development of the Cerro Caliche gold project in Sonora, including project construction, permitting, working capital, and general corporate purposes. The placement remains subject to final TSX Venture Exchange approval.

Silver Spruce Resources announced management changes effective June 9, 2026, with Kevin O’Connor appointed President and CEO and Michael Kinley appointed CFO, subject to TSX Venture Exchange approval. The company also granted 1.125 million stock options to directors, officers, employees, and consultants at an exercise price of $0.15 per share for a five-year term.

Santacruz Silver Mining has released its 2025 Sustainability Report for its Mexican operations, highlighting ESG performance, operational improvements, and the implementation of a new sustainability strategy. The report outlines the company’s efforts to strengthen environmental stewardship, social responsibility, governance practices, and long-term sustainable growth in Mexico.