Category: Investor’s Corner

Colibri Announces Increase in Equity Offering Due to Strong Investor Demand; Progress Toward Selection of Drilling Contractor for EP Gold Project

Colibri Resource Corporation upsized its equity unit offering to 11.5M units at $0.15 each (one share + 24-month warrant at $0.25) amid strong investor demand. It’s finalizing a drilling contract for the drill-ready EP Gold Project, fully financed post-closing. Insiders may participate as a related party transaction. CEO praises investor confidence.

Aztec Minerals Announces Closing of Upsized C$10 Million Bought Deal Private Placement Including Concurrent Exercise of Over-Allotment Option

Aztec Minerals closed a C$10 million bought-deal private placement led by Stifel Canada, issuing 42.6 million shares at C$0.235 each, including full over-allotment. The underwriter received 7% in cash and broker warrants. Proceeds will fund exploration at the Tombstone and Cervantes projects and for working capital. Securities are subject to a four-month hold.

GoGold Annual Production Increases 45%

GoGold Resources reported a 45% increase in annual production to 2.15 million silver equivalent ounces for FY 2025, driven by strong output from its Parral project. The company ended the year with US $141 million in cash, positioning it to advance Los Ricos North and commence mine construction at Los Ricos South.

Starcore Finalizes Silver Mine Lease

Starcore International Mines Ltd. has finalized a 10-year lease on the historical Tortilla Project silver mine in Queretaro, Mexico, for MX$5M (~US$268K). Features oxide (424 g/t Ag) and sulfide (973 g/t Ag) zones with promising metallurgy (91% Ag recovery). Option to buy claims for US$5M.

Capstone Copper Publishes 2024 Sustainability Report

Capstone Copper released its 2024 Sustainability Report, “Concentrating on Performance,” per GRI/SASB standards. Highlights include Mantoverde concentrator startup, sustainability standards development, Copper Mark awards, and integrated HSE system. Key metrics: 12% GHG reduction, 21% renewable energy, 85% low-quality water use, 48% tailings conformance, and 88% employee engagement. Available at capstonecopper.com/responsibility.

Silver Bull Provides Update on its Arbitration Case Against Mexico

Silver Bull completes 5-day arbitration hearing against Mexico over illegal blockade of Sierra Mojada project since 2019. Under USMCA/NAFTA via ICSID, seeks compensation for expropriation and breaches. Post-hearing briefs due Nov 21, costs Dec 5. Project holds 70.4M tonnes with 5.35B lbs zinc, 87.4M oz silver.

McEwen Inc. and Canadian Gold Corp. Announce Arrangement Agreement

McEwen Inc. and Canadian Gold Corp. entered into a definitive arrangement agreement under which McEwen will acquire all issued and outstanding Canadian Gold shares via a statutory plan of arrangement, with Canadian Gold shareholders to receive McEwen shares at a set exchange ratio if approved. The deal requires court and shareholder approvals and aims to combine the companies under McEwen’s ownership.

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