Vizsla Silver Corp. completed a US$100 million bought deal public offering of 33,334,000 common shares at US$3.00 each, led by Canaccord Genuity. The offering includes a 30-day over-allotment option for up to 5,000,100 additional shares. Proceeds will fund the Panuco and Santa Fe Projects, potential acquisitions, and general corporate purposes. The offering awaits final TSX approval.
Santacruz Silver Mining Ltd. has upgraded to the OTCQX Best Market from OTCQB, effective June 26, 2025, trading under “SCZMF.” The move enhances U.S. investor access and liquidity while maintaining listings on TSXV (“SCZ”) and FSE (“1SZ”). The OTCQX qualification reflects Santacruz’s commitment to transparency and supports its goal of becoming a leading silver and base metals producer in Latin America.
Discovery Silver Corp. announced strong shareholder support at its June 25, 2025, Annual General and Special Meeting. All director nominees were overwhelmingly elected, with votes ranging from 96.46% to 99.95% in favor. Shareholders also approved the appointment of PricewaterhouseCoopers LLP as auditors, the Long Term Incentive Plan, amendments to the Deferred Share Unit Plan, and unallocated share units and stock options.
Pinnacle Silver and Gold Corp. updated on June 25, 2025, its El Potrero project (Mexico): ongoing mapping/sampling (>600 samples), high-grade results (e.g., 19.4 g/t Au, 266 g/t Ag over 4.1m underground; surface grabs up to 13.2 g/t Au, 2,280 g/t Ag). Consultants assessed plant/permitting favorably; drilling planned to test vein system.
President Claudia Sheinbaum confirmed Mexico will issue no new mining concessions, continuing the moratorium from López Obrador, and will review existing permits for environmental compliance. Focusing on lithium control and copper beneficiation, she aims to boost domestic manufacturing. Miners face regulatory uncertainty and potential tax hikes, with Sheinbaum emphasizing transparency and environmental upgrades, especially for open-pit mines.
Americas Gold and Silver Corporation closed a US$100 million senior secured debt facility from SAF Group to fund growth at the Galena Complex. The facility includes a US$50 million initial term loan and two additional US$25 million tranches, subject to conditions. The funds will support increased development, longhole stoping, equipment upgrades, and cost reductions, with the loan secured by most company assets.
Tocvan Ventures Corp. reported RC drill results from Gran Pilar’s South Block, Sonora, Mexico, highlighting 42.7 meters of 41 g/t silver and 0.14 g/t gold in JES-25-120, including 4.6 meters of 180 g/t silver. All holes showed gold mineralization, with 21% exceeding 25 gram-meters. The results suggest a robust epithermal system, with plans for further drilling and permitting.
Reyna Silver Corp. announced the pricing for its non-brokered private placement, setting each unit at $0.095, comprising one share and one warrant exercisable at $0.13 for one year. The $1.1 million raised, part of a deal with Torex Gold Resources, will fund Nevada option agreement payments, pending TSXV approval, with a four-month hold period on securities.
Orla Mining Ltd. announced that all nominees listed in its May 9, 2025, Management Information Circular were elected as directors at the June 24, 2025, AGM, with over 95% votes for each. Shareholders approved Deloitte LLP as auditor, the “say-on-pay” resolution, and amendments to the stock option and restricted share unit plans. Tim Haldane retired from the Board, and Orla expressed gratitude for his service.
Americas Gold and Silver Corporation announced that all director nominees listed in the May 15, 2025, proxy Circular were elected at the June 24, 2025, annual and special meeting. Voting results showed strong support, with over 98% votes for each director. Shareholders also passed resolutions to reappoint PricewaterhouseCoopers LLP as auditors, re-approve amended Deferred Share Unit, Share Unit, and Stock Option Plans, and authorize a common share consolidation.
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