Fortune Bay Appoints Patrick McGrath as Chief Financial Officer

Fortune Bay Corp. (TSXV: FOR) announced the appointment of Patrick McGrath as Chief Financial Officer, effective immediately. Mr. McGrath, a CPA with over 25 years of resource-sector finance and leadership experience, succeeds Sarah Oliver, who served as CFO since 2016 and will assist with the transition.

Los Lirios Exploration and Development Update

EV Resources (ASX:EVR) completed drill permitting (up to 50 holes) at Los Lirios, with drilling to start mid-January 2026. Tecomatlán plant due diligence positive; Phase 1 engineering nears completion. Fully funded after closing placement; first assays mid-December. On track for antimony production mid-2026.

Minaurum Gold Inc. Announces Upsize in Best Efforts Private Placement to C$20.0M

Minaurum Gold (TSXV:MGG) has upsized its previously announced private placement to up to C$20M, offering 55.56M units at C$0.36 (each: 1 share + ½ warrant @ C$0.50, 24 months), with an option for another C$5M. Proceeds fund Phase II drilling at the Alamos silver project and working capital. Closing ~Dec 11, 2025.

Orla Mining Announces Inaugural Dividend and Quarterly Dividend Program

Orla Mining Ltd. (TSX:OLA, NYSE:ORLA) declared its inaugural quarterly dividend of US$0.015 per share (US$0.06 annualized), payable February 10, 2026 (record date January 12). The policy reflects strong finances and commitment to shareholder returns while funding growth, including the South Railroad Project. Yield ~0.45% at US$13.35/share.

Silver Spruce Announces Non-brokered Financing of up to $1,000,000

Silver Spruce Resources (TSXV:SSE) announced a non-brokered private placement of up to 10M units at $0.10 ($1M gross), each with one share and one 3-year warrant at $0.15. Proceeds will fund exploration on its Jackie, Pino de Plata, and Melchett Lake projects plus working capital. Closing by Dec 31, 2025.

First Majestic Launches Offering of Convertible Senior Notes

First Majestic Silver Corp. (NYSE:AG, TSX:AG) is privately placing US$300 million (optionally up to US$345 million) of unsecured convertible senior notes due 2031. Net proceeds will partially repurchase its existing 2027 convertible notes and fund general corporate/strategic purposes. The notes are unregistered and sold under exemptions in the US and Canada.

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