Discovery Announces Completion of C$247.5 Million Bought Deal Public Offering of Subscription Receipts

Discovery Silver Corp. today reported that the Company has closed the bought deal public offering of subscription receipts previously announced on January 27, 2025. Pursuant to the Offering, the Company has issued an aggregate of 275,000,000 Subscription Receipts at an issue price of C$0.90 per Subscription Receipt, for gross proceeds of C$247,500,000, which includes 25,000,000 Subscription Receipts issued pursuant to the exercise, in full, of the over-allotment option granted to the Underwriters in connection with the Offering.

Silver Storm Closes Additional Tranche of Its Non-Brokered Private Placement Offering Including Participation by First Majestic Silver Corp.

Silver Storm Mining Ltd. is pleased to announce that on January 30, 2025, the Company closed an additional tranche of the non-brokered private placement offering of units previously announced on December 5, 2024. Under this Tranche of the Offering, 23,951,999 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $2,155,680.

Colibri Resource Corp. – Non-Brokered Private Placement Supplemental Disclosure

Colibri Resource Corporation wishes to provide supplemental disclosure in respect of its proposed private placement announced on January 17, 2025. As originally disclosed, the Company intends to conduct a non-brokered private placement of up to 10,000,000 units at a price of $0.025 for gross proceeds of up to $250,000.

Defiance Silver Files Amended Technical Report for The Tepal Project

The MRE is preliminary in nature and includes inferred mineral resources considered too speculative geologically to have the economic considerations applied that would enable them to be categorized as mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Apollo Reports Annual General and Special Meeting Results

Apollo Silver Corp. is pleased to announce that at its Annual General and Special Meeting of shareholders held on January 30, 2025, Apollo’s shareholders approved by a majority to: elect all five directors standing for election, to re-appoint Davidson & Company LLP as auditors of the Company, and to support the Company’s new Omnibus Incentive Plan.

Santacruz Silver Produces 4,710,013 Silver Equivalent Ounces in Q4 2024

Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During the fourth quarter of 2024, Santacruz continued to deliver steady operational performance, processing 493,141 tonnes of ore and producing 4,710,013 silver equivalent ounces. Silver production rose by 3% compared to the previous quarter, reaching 1,761,686 ounces.”

Prime’s Central Trend Continues to Deliver Strong Grades and Continuity, Defining a 400-metre High-Grade Shoot at Noche Buena

Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Step-out drill holes at the southernmost end of Noche Buena in the Central Trend returned excellent gold and silver grades, defining a brand new high-grade shoot that is several hundred meters beyond our October 2024 resource update. Mineralization is at grades and widths indicative of underground expansion potential. And, mineralization remains open at depth and along strike to the south, with strong potential for significant extension via the 2025 drilling currently underway.”

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