Silver Storm Closes the First Tranche of Its Non-Brokered LIFE Financing for Gross Proceeds of $3.87 Million

Silver Storm Mining Ltd. closed the first tranche of its non-brokered private placement, raising $3,874,349.96 by selling 29,802,692 units at $0.13 each. Each unit includes one common share and one warrant exercisable at $0.20 for 36 months. Proceeds will fund mine processing equipment, La Parrilla facility rehabilitation, and general operations. The offering awaits final TSX Venture Exchange approval.

Oroco Cancels Private Placement

Oroco Resource Corp. announces that it has cancelled the $1,500,000 non-brokered private placement previously announced on June 17, 2025.

Oroco Engages Whittle Consulting Ltd.

Oroco Resource Corp. has engaged Whittle Consulting Ltd. to conduct a Strategic Option Study for its Santo Tomás porphyry copper project in Mexico. The study will optimize operations using advanced modeling, focusing on power sources, fleet electrification, processing, and tailings. Leveraging the 2024 PEA and existing data, it will guide the upcoming Pre-Feasibility Study. Whittle’s fee includes 60% in Oroco shares, pending TSX-V approval.

Silver Viper Upsizes Private Placement to $3.6M

Silver Viper Minerals Corp. has increased its non-brokered private placement to 12,000,000 units at $0.30 each, aiming to raise up to $3,600,000 due to strong demand. The offering terms remain unchanged, with the first tranche closing around July 10, 2025, subject to TSX Venture Exchange approval.

At a Canadian-Owned Mine, a Mexican Union Alleges Dirty Tactics

The union Los Mineros alleges workers at Mexico’s Camino Rojo mine, owned by Canada’s Orla Mining, were assaulted and threatened into joining a rival union. The case is under review by authorities in Mexico, Canada, and the U.S. under CUSMA’s labour mechanism. The union demands justice and claims employer-backed coercion and organized crime involvement.

GR Silver Mining Strengthens Management Structure and Provides Corporate Update

GR Silver Mining Ltd. has restructured its management to advance the Plomosas Silver Project in Mexico. Márcio Fonseca is now President and CEO, Eric Zaunscherb is Executive Chair, and key promotions include Alejandro Cano Cabello (VP Operations, Mexico), Luis Coto (VP Exploration), and Gerardo Cicilia Calnacasco (Controller, Mexico). The company is continuing a 3,000-meter drilling program at San Marcial and exploring a Bulk Sampling Test Mining program at the Plomosas Mine. Additionally, 750,000 stock options were granted to officers, exercisable at $0.175 for five years.

Kenadyr Metals Signs Definitive Agreement to Acquire North American Copper Project

Kenadyr Metals Corp. has agreed to acquire Exploraciones Margarita S.A. de C.V., holding an 80% interest in the Cerro Grande copper-gold-silver skarn discovery in Sonora, Mexico, from Infinitum Copper Corp. for $100,000 cash and 1,842,719 Kenadyr shares. This acquisition advances Kenadyr’s strategy to develop high-grade copper assets in North America, leveraging the Adelita Project’s significant exploration history.

Vizsla Silver Closes US$100M Bought Deal Offering

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 Announces Approval to Trade on the OTCQX Best Market Under Symbol “SCZMF”

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.

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