Kenadyr Metals has reactivated on TSXV, changed its name to Algo Grande Copper (ticker: ALGR), and completed 100% acquisition of the Adelita Copper Project in the Sonora-Arizona belt, featuring high-grade skarn and porphyry potential, with drilling underway.
Newmont Corporation announced plans to sell 6,773,641 common shares of Fuerte Metals Corporation at CAD$4.35 each, generating ~CAD$29.5M in proceeds. This secondary transaction will reduce Newmont’s ownership from ~24% to 19.5%, while retaining a significant stake.
Questcorp Mining Inc. completed a non-brokered private placement, raising $783,000 by issuing 6,023,077 flow-through units at $0.13 each. Proceeds will fund exploration at the North Island Copper Property.
Minaurum Gold Inc. is changing its name to Minaurum Silver Inc., effective December 22, 2025. TSX-V ticker MGG remains unchanged. The change reflects focus on the Alamos Silver Project in Mexico, with a maiden resource estimate upcoming. New CUSIP/ISIN assigned.
Fuerte Metals closed a C$17.25M brokered private placement, issuing flow-through shares at C$5.25 and C$6.04. Proceeds fund exploration at the Coffee Gold Project in Yukon, with expenses renounced by Dec 31, 2025. Agents received commissions; insider participation noted.
Mercado Minerals signed community access and exploration agreements with two ejidos in Copalito, Sinaloa, Mexico, for its project. Agreements include annual fees of 100,000 MXN starting 2026, road repairs, and one-year renewals, advancing the drilling permit process.
Fortune Bay appointed Ronald Halas, P.Eng., as Senior Mining Advisor for its 100% owned Goldfields Project in Saskatchewan. Halas brings 35+ years of gold mining experience. Recent drilling at Box deposit targets extensions; assays, metallurgical results, and permitting advances expected in early 2026 toward PFS.
Kootenay Silver discloses engagement of Sideways Frequency LLC for $500K in promotional marketing services, compliant with policies and under company editorial control. Recent OTCQX trading surge attributed mainly to rising silver prices, positive market, and drill results, not promotions. No undisclosed involvement.
First Majestic Silver Corp. agrees to sell its Del Toro Silver Mine in Zacatecas, Mexico, to Sierra Madre Gold & Silver Ltd. for up to US$60M: US$30M upfront (US$20M cash + US$10M shares) plus up to US$30M in contingent payments tied to milestones. Closing expected early 2026, subject to approvals.
Sierra Madre Gold & Silver Ltd. agrees to acquire Del Toro Silver Mine from First Majestic for up to US$60M (US$20M cash + US$10M shares upfront; up to US$30M contingent). Announces concurrent $50M subscription receipts offering to fund deal and restart production (target mid-2028).
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