Sierra Madre Gold & Silver Ltd. agrees to acquire Del Toro Silver Mine from First Majestic for up to US$60M (US$20M cash + US$10M shares upfront; up to US$30M contingent). Announces concurrent $50M subscription receipts offering to fund deal and restart production (target mid-2028).

Fuerte Metals Corporation (TSXV: FMT) announced AGM results: seven directors elected, auditors re-appointed, and new Omnibus Equity Incentive Plan approved. Appointed technical advisors Kerry Sparkes (35+ years exploration experience) and Scott J. Hicks (20+ years, ex-Prime Mining CEO). Granted 975,000 options and 171,839 RSUs.

First Majestic Silver agreed to sell its 100 %-owned Del Toro silver mine in Zacatecas, Mexico to Sierra Madre Gold & Silver for up to US $60 million in cash and shares. The deal includes $30 M upfront and up to $30 M in milestone-based payments, contingent on financing, resource expansion, and production targets. Closing requires regulatory and shareholder approvals.

Capitan Silver Corp. closed a C$23M bought deal financing, issuing 11.33M shares at C$2.03 each (full underwriters’ option exercised). Proceeds to fund exploration at Cruz de Plata gold-silver project and general purposes.

GR Silver Mining Ltd. closed a C$20M bought deal offering, issuing 66,666,832 units at C$0.30 each (full over-allotment exercised). Each unit: one share + half warrant (ex. C$0.42 until Dec 2028). Proceeds for Plomosas Silver Project and working capital.

Sonoro Gold Corp. announced a fully committed $4 million non-brokered private placement of 20 million units at $0.20 each, including shares and warrants. Proceeds will fund the Cerro Caliche gold project in Mexico and working capital. Closing expected December 22, 2025.

Southern Silver Exploration Corp. closed a bought deal LIFE private placement, raising C$6M by issuing 12M common shares at C$0.50 each (including over-allotment). Proceeds to advance Cerro Las Minitas project, working capital, and general purposes.

McEwen Mining Inc. secured key environmental permit extension for El Gallo Mine in Mexico. Mill construction starts mid-2026; first gold pour mid-2027. Phase 1: ~20,000 oz GEOs/year from reprocessing leach pads (~$25M capex). Phase 2 targets silver deposits for extended mine life.

Silver Wolf Exploration Ltd. has completed the acquisition of 100% interest in the Ana Maria and El Laberinto properties in Mexico from Avino Silver & Gold Mines Ltd., issuing 2,000,000 shares (valued at C$400,000) and fulfilling prior commitments.