Category: Investor’s Corner

Heliostar Metals Ltd. closed a bought deal equity financing on March 28, 2025, raising gross proceeds of $19.5 million through issuing 19,500,000 common shares at $1.00 each. Proceeds will advance Mexican project development, including drilling at Ana Paula, and general corporate purposes.

Discovery Silver Corp. shareholders overwhelmingly approved (99.85% of votes) the issuance of shares for acquiring Newmont Corporation’s Porcupine Complex. The resolution passed at the special meeting on March 27, 2025, with the deal expected to close in H1 2025.

Americas Gold & Silver reported 2024 revenue of US$100.2 M with 1.7 Moz of silver production and all-in sustaining costs of about $28/oz, but a net loss of US$48.9 M. It completed 100% acquisition of the Galena Complex, strengthened leadership, and expects increased production and cost improvements in 2025.

Tony Makuch, Discovery’s CEO, commented: “2024 was a transformational year for Discovery as we work towards becoming a highly profitable North American precious metals producer.”

Ernesto Balarezo, CEO of Sierra Metals, commented, “The fourth quarter of 2024 capped off a tremendous year for Sierra Metals. During the quarter, we achieved record throughput rates, which increased metal production leading to record revenue. This, combined with lower costs during a period of higher metal prices, has led to higher margins, an increase in cash flow generation, accelerated capital investments to secure long-term performance, a solid capital structure, and an overall stronger financial position.”

Colibri Resource Corporation is pleased to announce that it has closed a second and final tranche of its non-brokered private placement of units for gross proceeds of $146,500. Combined with the proceeds from Tranche 1, the Company has raised a total of $286,900.

“These meetings, of both an executive and technical nature, have exceeded all our expectations regarding the support of the Mexican Federal Government for the advancement of the Santo Tomás Project. Initiated by Congressional Deputy, Mario Zamora, these meetings have led to the establishment of a clear dialogue with Mexico’s senior economic and mine development decision makers.”

“Desde la Secretaría de Economía de Sinaloa hemos acompañado este proyecto con gestiones clave que han permitido su avance, siempre con un enfoque de sostenibilidad y responsabilidad social”, expresó.

Silver Tiger Metals Inc. is pleased to announce it has entered into an agreement with Stifel Canada and Desjardins Capital Markets, to act as co-lead underwriters and joint bookrunners pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 45,455,000 common shares of the Company at a price of C$0.33 per Common Share for gross proceeds to the Company of approximately C$15,000,150.