Prime Mining (TSX: PRYM; OTCQX: PRMNF) completes arrangement with Torex Gold; Torex acquires all shares at 0.06 Torex share per Prime share. Shares to delist from TSX, OTCQX, Frankfurt; apply to cease reporting issuer. Details in Aug. 25 circular; contact Computershare for consideration.

Silverco Mining Ltd. (formerly Quetzal Copper Corp.) announces its shares will begin trading on TSX Venture Exchange as “SICO” on October 23, 2025, post-reverse takeover. It owns the past-producing Cusi silver-lead-zinc-gold mine in Mexico; name change pending due to labour dispute.

Sonoro Gold Corp. closed its oversubscribed non-brokered private placement, raising CAD $4.1M via 20.5M units at $0.20 each (one share + three-year warrant at $0.28). Insiders subscribed ~$401K. Proceeds fund Cerro Caliche gold project (updated PEA, 100% ownership, permits) and San Marcial spin-off into Oronos Gold Corp.

Alamos Gold closed the sale of its option to earn 100% in the Quartz Mountain Gold Project to Q-Gold Resources for up to $21M (initial $2.85M cash + 9.99% equity stake; remaining up to $18.15M in guaranteed/milestone payments) plus ongoing equity interest.

Torex Gold (TSX: TXG; OTCQX: TORXF) completes acquisition of Prime Mining via arrangement, adding Los Reyes Au-Ag project in Mexico (Indicated: 1.5Moz Au, 54Moz Ag; Inferred: 538koz Au, 21.6Moz Ag). Prime shareholders receive 0.06 Torex shares each (~10.2M total); Prime to delist. PEA targeted mid-2026.

Fresnillo PLC’s Q3 2025 production: 11.7 Moz attributable silver (down 6.6% QoQ, 19.1% YoY due to San Julián DOB cessation and lower grades/volumes); 151.3 koz gold (down 4.1% QoQ, 3.5% YoY). YTD: silver -14.2%, gold +8.8%. By-products mixed. On track for unchanged 2025 guidance; prioritizing safety and efficiency.

Questcorp Mining Inc. revised its non-brokered private placement on October 21, 2025, offering up to 23,333,334 units at C$0.15 each for gross proceeds of up to C$3.5M. Each unit: 1 share + ½ warrant (exercise C$0.20 for 24 months, accelerable at C$0.50 for 10 days). Proceeds fund La Union (Mexico) and North Island Copper exploration plus working capital. UK investor participation expected; subject to approvals.

Advance Metals (ASX:AVM) appoints David O’Connor as Non-Executive Chairman, with 40+ years mining experience including AbraSilver’s Diablillos growth from 129Moz to 350Moz AgEq. Bolsters Mexican silver-gold assets (~100Moz AgEq). Remuneration: A$125K + 2M performance shares. Craig Stranger to Non-Exec Director; Joshua Gordon resigns.

Vortex Metals Inc. (TSXV: VMS; FSE: DM8; OTCQB: VMSSF) closed second tranche of non-brokered private placement, issuing 2.625M units at $0.04 for $105K. Total raised: $805K from 20.125M units (1 share + 1/2 warrant at $0.08/36mo, acceleration if $0.15/10 days). Proceeds: concessions, exploration, working capital. TSXV approval pending.