DynaResource (OTCQX: DYNR) reported Q3 2025 results: revenue $14.1M (+26% YoY, -11% QoQ), net income $1.3M (vs. $0.9M loss YoY). Produced 4,830 oz gold (down YoY/QoQ due to lower grades/wet season); sold 4,780 oz. Falcon concentrators commissioned; 2025 guidance cut to ~21,000 oz. Focus on development, recoveries.
Mexican Gold Mining Corp. (TSXV: MEX) closed a $850,000 non-brokered private placement, issuing 10M units at $0.085 each. Each unit includes one share + one $0.12 warrant (exp. Nov 14, 2028). Proceeds for working capital; insider participated. Securities held until March 15, 2026.
Colibri Resource Corp. closed its over-subscribed private placement, issuing 9.94M units for C$1.49M gross proceeds. Each unit: one common share and one warrant exercisable at C$0.25 for 24 months. Proceeds fund exploration at Pilar and EP gold projects in Mexico and general working capital.
Oroco Resource Corp. closed the second tranche of its private placement, issuing 2.5M units at US$0.20 each for US$500K. Total raised: US$2.03M from 10.15M units. Proceeds fund Santo Tomas Project’s Phase 2 drilling in 2026 and Pre-Feasibility Study, targeting local Mexican investors.
Sierra Madre Gold and Silver reported Q3 2025 revenues of US$5.5M, gross profit US$1.7M, and 153,583 AgEq oz sold at AISC US$34.42/oz. Adjusted EBITDA rose 27% to US$1.86M despite power outages. Plant expansion to 750-800 tpd by Q2 2026 underway; US$3.5M East District exploration started.
Kingsmen Resources upsized its non-brokered private placement to $4.016M, issuing up to 2.975M units at $1.35 each. Each unit: one share + half warrant (exercisable at $1.90 for 2 years). Proceeds advance Las Coloradas Silver/Gold project in Mexico and working capital. Subject to TSXV approval; four-month hold.
Americas Gold and Silver upsized its bought deal private placement to US$115M, issuing 28.75M shares at US$4.00 each, led by Canaccord Genuity and BMO. Underwriters option for additional US$17.25M. Proceeds fund Crescent Mine acquisition, capital, and working capital. Closing ~Dec 3, 2025.
Prismo Metals Inc. upsized and closed its non-brokered private placement to 17.45 million units at $0.10 each, raising $1.745 million. Warrants amended to one full per unit at $0.175 exercise price for 36 months, sans acceleration clause. Proceeds for Silver King drilling and corporate purposes; more subscriptions expected.
Xali Gold finalized a Definitive Agreement with KCA to transfer rights to the El Oro Tailings Project in Mexico. KCA will process and sell gold/silver from 1.27M tonnes (2.94 g/t Au, 75.12 g/t Ag), paying Xali a 4% NSR (min 3%). KCA paid $200K; recoveries estimated at 78% Au, 86% Ag.
Americas Gold & Silver agreed to buy the neighbouring Crescent Silver Mine in Idaho for about US$65 million (US$20 M cash + ~11.1 M shares) and launched a US$65 M bought-deal equity financing to fund it. The fully permitted, high-grade asset near its Galena Complex could add ~1.4–1.6 Moz annual silver production with operational synergies.
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