Mercado Minerals granted 3,785,000 incentive stock options at $0.38/share (expiring 2030) to directors, officers, and consultants. Engaged Peak Investor Marketing for 12-month services ($12,000/month + 400,000 options) and CanaCom Group for digital marketing (C$100,000 + 25,000 options).
Pan American Silver Corp. (NYSE: PAAS) acquired 18.75M units of Galleon Gold Corp. (TSXV: GGO) at C$0.60 each via private placement, gaining 18.75M shares and 9.375M warrants (exercisable at C$0.75 until Dec 2027). This boosts ownership to ~14.7% undiluted, ~29.7% partially diluted, atop a C$8M convertible debenture. Investment for long-term potential; early warning filed.
Endeavour Silver Corp. closed a US $350 million offering of 0.25% unsecured convertible senior notes due 2031, including full exercise of a US $50 million option. The initial conversion rate equals about US $12.455 per share. Proceeds will repay senior secured debt, fund its Pitarrilla project in Durango, Mexico, and support general corporate purposes.
Americas Gold and Silver closed an oversubscribed US$132.25M bought deal financing, issuing 33M shares at US$4.00 each. Proceeds will fund the acquisition of Crescent Silver Mine (Idaho) and related capex. CEO notes strong institutional support, early Galena hoist upgrade enabling a 21-day December pause, and a fully-funded, robust 2026 outlook.
Guanajuato Silver is optimizing operations ahead of Bolanitos acquisition (expected Jan 2026): temporarily closing Cata mill, rerouting Valenciana ore to El Cubo, aiming for higher plant utilization and lower costs. Court ruled subsidiary owes NucTech ~US$10.3M in equipment dispute; company will appeal, staying payment.
Fortune Bay Corp. (TSXV: FOR) announced the appointment of Patrick McGrath as Chief Financial Officer, effective immediately. Mr. McGrath, a CPA with over 25 years of resource-sector finance and leadership experience, succeeds Sarah Oliver, who served as CFO since 2016 and will assist with the transition.
Minaurum Gold (TSXV:MGG) has upsized its previously announced private placement to up to C$20M, offering 55.56M units at C$0.36 (each: 1 share + ½ warrant @ C$0.50, 24 months), with an option for another C$5M. Proceeds fund Phase II drilling at the Alamos silver project and working capital. Closing ~Dec 11, 2025.
Gold Resource Corp (NYSE American: GORO) reports exceptional two-week production from the high-grade Three Sisters zone at Don David Gold Mine (Mexico): NSR values up to 129% above model, with mined tonnage 40% higher than planned. Company resumes advancement of Back Forty Project in Michigan, planning feasibility study and permitting.
Gold Resource Corporation reported strong initial production results from the high-grade Three Sisters area at its Don David Gold Mine in Oaxaca, Mexico, with mining and processing exceeding planned tonnage and grades, validating the zone’s upside and potential for significant cash flow. The company also plans to advance its Back Forty Project in Michigan.
Orla Mining Ltd. (TSX:OLA, NYSE:ORLA) declared its inaugural quarterly dividend of US$0.015 per share (US$0.06 annualized), payable February 10, 2026 (record date January 12). The policy reflects strong finances and commitment to shareholder returns while funding growth, including the South Railroad Project. Yield ~0.45% at US$13.35/share.
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