GR Silver Mining announced the immediate resignation of Daniel Schieber, Vice President of Corporate Development and Corporate Relations, for personal reasons. During his tenure, he helped secure $33.8 million in equity financings and enhanced the company’s investor outreach. GR Silver stated it remains focused on advancing resource expansion at its Plomosas Project in Sinaloa, Mexico.
Discovery Silver announced several senior management changes following the acquisition of the Kidd Operations. New appointments include Dawid Myburgh (SVP, Timmins Operations), Harold Bird (VP, Mineral Processing), and Gertjan Bekkers (VP, Technical Services). Duncan King and Milferd Burnett were promoted, while COO Pierre Rocque retired and Forbes Gemmell and Dimitri Demianyuk departed to pursue other opportunities.
Silver Bull Resources announced that an ICSID tribunal dismissed its NAFTA arbitration claim against Mexico regarding the long-running blockade of its Sierra Mojada project in Coahuila. The tribunal ruled the claims were outside its jurisdiction and/or time-barred. Silver Bull was also ordered to pay approximately US$998,000 in Mexico’s legal costs and is considering annulment options.
Orla Mining reported an illegal work stoppage and blockade at its Camino Rojo mine in Zacatecas, temporarily suspending operations. The dispute involves worker demands related to productivity bonuses and PTU profit-sharing payments. Orla states it complied with legal PTU requirements and is working with union representatives and labor authorities to resolve the situation and resume operations. (57 words)
Silver Spruce Resources closed a non-brokered private placement, raising approximately C$2.0 million through the issuance of units priced at C$0.20 each. Proceeds will be used to advance the company’s exploration projects, including assets in Mexico and Canada, and for general working capital.
Sonoro Gold increased its previously announced non-brokered private placement from C$10 million to C$15 million in response to strong investor demand. The offering now consists of 60 million units at C$0.25 per unit, each including one share and one warrant exercisable at C$0.34 for three years. Proceeds will fund development of the Cerro Caliche Gold Project in Sonora and provide working capital.
Minera Alamos announced the grant of 800,000 incentive stock options to officers and directors under its Omnibus Incentive Plan. The options are exercisable at C$6.93 per share, vest over two years, and expire after three years. The award is intended to align management and board interests with shareholders as the company advances its growth strategy.
Silverco Mining reported its Q1 2026 financial results, highlighting a strengthened balance sheet following a $62.5 million bought-deal financing, ending the quarter with $56.2 million in cash. The company invested $3.0 million advancing the restart of the Cusi Mine and expanded its executive team as it transitions toward becoming a multi-asset Mexican silver producer. Subsequent milestones included the positive Cusi PEA and completion of the acquisition of the producing La Negra Mine.
Southern Silver Exploration amended its previously announced LIFE private placement, increasing the number of shares offered while maintaining gross proceeds of approximately C$4.0 million. The revised financing consists of 7.27 million shares priced at C$0.55 each. Proceeds will be used for exploration, project advancement, and general working capital.
Radius Gold appointed Dr. Luke Longridge to its Board of Directors, effective immediately. A structural and economic geologist with more than 15 years of international experience, Longridge previously held senior technical roles with Teck Resources, Canterra Minerals, CSA Global, and Bushveld Minerals. The company also granted him 1,000,000 stock options exercisable at C$0.14 per share for ten years.
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