Silver Tiger Metals Inc. filed a final short form prospectus on April 4, 2025, for a C$15,000,150 bought deal public offering of common shares at C$0.33 each. Underwriters have an over-allotment option for additional shares. Closing expected ~April 14, 2025.
GoGold Resources Inc. is pleased to announce that has closed its previously announced bought deal offering of 47,391,500 common shares at a price of C$1.82 per Common Share, for aggregate gross proceeds of C$86,252,530, including proceeds from the full exercise of the over-allotment option to purchase an additional 6,181,500 Common Shares.
Canasil Resources Inc. (Apr 4, 2025) announced a change in auditors: DeVisser Gray LLP replaces Davidson & Company LLP (former auditor for over 20 years). Change due to scheduling conflicts; aimed at expediting audits for cease trade order revocation and trading resumption. No adverse reports from prior auditor.
“With the option agreement signed and all necessary permits already in hand. We are fully prepared to move forward,” said David Coburn, CEO of Masivo Silver. “The drill targets are being carefully defined, being prioritized, and we are mobilizing immediately to begin drilling these high-grade silver zones. This is a significant milestone for the Cerro Colorado Project, and we are excited to start unlocking its full potential.”
Rohan Hazelton, CEO of DynaResource commented, “This metallurgical work is important data for the upcoming SK1300 Technical Report Pre-Feasibility Study that we plan to release in early Q2 2025. I am pleased to see such incredibly high gold recoveries from each of our major gold zones defined to date. Better than 95% gold recovery means our ore is easily processable and this supports our planned re-installation of the gravity gold circuit at San Jose de Gracia.”
Silver Tiger Metals Inc. updated PFS drilling at El Tigre Project, Mexico: 22,000m of 25,000m completed. Key intercepts include 116m @ 0.68 g/t AuEq and 34.4m @ 1.76 g/t AuEq. Mineralization expanded 10-15%; PFS on track for H2 2024.
Sierra Metals Inc. acknowledges the press release issued yesterday on behalf of Alpayana S.A.C. announcing an intention to update its previously announced unsolicited all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra.
GR Silver Mining granted 860,000 stock options to employees/consultants and 400,000 options to executive officers (various vesting terms), all exercisable at $0.155 per share. It also issued 154,836 deferred share units (DSUs) to non-executive directors for quarterly fees, which vest in one year and can be settled for shares or cash once directors leave.
Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,800,000. The Company intends to issue up to 8,750,000 units.
“The state executive and federal technical meetings continued to provide commitments of strong Mexican Government support for the Santo Tomás Project. Coordinated by Congressional Deputy Mario Zamora and his staff, these meetings have led to a responsive and supportive dialogue with Mexico’s senior economic and mine development officials and we are extremely grateful for the guidance and support. The pathway forward for the continued development of the Santo Tomas Project is now clear,” commented the Oroco Chairman, Craig Dalziel.
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