Discovery Announces Annual General and Special Meeting Results

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.

Mexico Freezes New Mining Concessions

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 Closes US$100 Million Debt Financing With SAF Group and Provides Galena Update

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 Drills Broadest Silver Zone Ever at 100% Controlled Gran Pilar Drills 42.7 meters of 41 g/t Silver From Surface, Including 10.7 meters of 136 g/t (4.4 oz) Silver

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 Announces Pricing of Concurrent Financing

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 Reports Voting Results of Annual Shareholder Meeting

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 Announces Election of Directors and Annual Meeting Voting Results

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.

Vortex Metals Engages Environmental Specialist for Mexican Projects

Vortex Metals Inc. has engaged Pontones & Ledesma to lead environmental impact studies for its Zaachila and Riqueza Marina projects in Mexico, aiming to secure drill permits. The firm’s expertise will support permitting for the highly prospective VMS projects. Additionally, Vortex hired Fairfax Partners Inc. for a three-month investor outreach and communications campaign with a C$25,000 budget.

Excellon Closes Acquisition of Mallay Silver Mine and Tres Cerros Gold/Silver Exploration Property in Peru

Excellon Resources Inc. acquired Minera CRC, gaining full ownership of the Mallay Silver Mine and Tres Cerros Exploration Property in Peru. The past-producing mine, with significant infrastructure, is set for rehabilitation and potential restart within months. Tres Cerros offers gold-silver exploration potential. The deal involved cash, shares, and agreements, approved by the TSX Venture Exchange.

Endeavour Silver Amends and Restates Project Loan Credit Facility to Include Additional Credit Facility of US$15 Million

Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) has increased its senior secured debt facility from $120 million to $135 million with ING Capital LLC and Societe Generale. The funds will support commissioning the Terronera Project in Jalisco, Mexico, and general working capital. Terronera implemented zero-cost collars to manage silver price risks, protecting 968,000 ounces at $31.00-$42.00 per ounce. Commissioning is on track.

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