Questcorp Mining Inc. issued 6,285,722 common shares (9.9% of outstanding shares) and paid $25,000 CAD to Riverside Resources Inc., per an option agreement dated May 5, 2025, for the La Union Project in Sonora, Mexico. This 2,520.2-hectare carbonate replacement deposit shows high-grade polymetallic mineralization. Riverside is planning geophysical surveys to enhance drill targets.

Riverside Resources Inc. (TSXV: RRI) announced that Questcorp Mining Inc. has issued 6,285,722 shares (9.9% of Questcorp) and paid $25,000 CAD as part of an option agreement for the Union Project in Sonora, Mexico. Riverside, as operator, is advancing pre-drilling work, including geophysical surveys and contractor selection, to refine drill targets in the prospective gold-silver-lead-zinc-copper CRD system.

S&P Global Ratings revised Fresnillo plc’s outlook to stable from negative, affirming its ‘BBB’ ratings, mirroring the action on parent company Peñoles. Fresnillo’s strong profitability, low leverage, and robust cash generation support the stable outlook. Expected to maintain debt-to-EBITDA below 1.0x, Fresnillo’s growth prospects include gold-focused projects, boosting production by 2028–2030.

Silver Storm Mining Ltd. announced a private placement to raise up to C$6,006,000 by selling 46,200,000 units at C$0.13 each, with an option for an additional C$2,002,000. Each unit includes one common share and one warrant exercisable at C$0.20 for 36 months. Proceeds will fund La Parrilla processing facility rehabilitation, long-lead items, operations, and general corporate purposes. The offering, led by Red Cloud Securities, is set to close around June 5, 2025, pending TSXV approval.

Empress Royalty Corp. appoints Mark N.J. Ashcroft, P.Eng., as Business Development Advisor, North America, to drive portfolio growth. With over 30 years in mining and finance, Ashcroft’s expertise will help identify high-quality gold and silver investment opportunities. This move aligns with Empress’ strategy to expand its diversified royalty and streaming portfolio through regional expertise and strategic partnerships.

Radius Gold Inc.’s subsidiary signed a 2.0% NSR royalty agreement with JRC for the Tlacolula 2 concession in Oaxaca, Mexico, near the San José gold-silver mine. The Tlacolula property hosts a high-grade epithermal gold-silver system, with historic sampling showing up to 19.34 g/t Au and 986 g/t Ag. Radius also holds NSR and project interests in Peru, Mexico, and Guatemala, including the Amalia and Holly projects.

Kingsmen Resources Ltd. closed a non-brokered private placement, raising $1,135,000 by issuing 1,576,389 units at $0.72 each. Each unit includes one share and half a warrant, exercisable at $1.05 for two years. Proceeds will advance the Las Coloradas Silver/Gold project and support working capital. Insiders purchased 25,214 units, and all securities have a four-month hold period, pending regulatory approval.

Sierra Metals Inc. reminds shareholders that Alpayana’s $1.15 per share all-cash offer has been extended until May 23, 2025, at 5:00 p.m. (Toronto time). Alpayana has acquired 86.7% of Sierra’s shares but has not committed to a second-step transaction to buy the remaining shares at the offer price. Shareholders are urged to tender their shares promptly to avoid remaining minority shareholders under Alpayana’s control, which could impact share liquidity and value.