Guanajuato Silver Company Ltd. closed an C$18M non-brokered private placement, selling 60M units at C$0.30 each. Funds will upgrade mining equipment, enhance processing facilities, and expand exploration at its Mexican silver mines. The offering included warrants and involved finders and advisors receiving fees and warrants. Units are free-trading in Canada, with restrictions in the U.S.

Xali Gold Corp. filed its audited financial statements for the year ended March 31, 2025, on August 16, 2025, available on SEDAR+ and the company website. The TSX Venture Exchange is reviewing Xali Gold’s listing status post-trading halt, with the company aiming to resume trading. Two El Oro concessions were cancelled, and seven more were unlawfully cancelled without notice; legal recourse is being pursued.

Santacruz Silver Mining Ltd. reported strong Q2 2025 results with $73.3M in revenue (up 4%), $25.3M gross profit (up 59%), and $21.0M net income (up 1,348%) year-over-year. Adjusted EBITDA rose 68% to $26.8M, and cash reserves grew 691% to $57.8M. Despite a 15% drop in silver equivalent production, cost efficiencies improved, with AISC down 8% to $22.95/oz.

EV Resources Limited signed an MOU with Wogen Resources and Xcelsior Capital for a US$2–3M debt facility to advance its Los Lirios Antimony Project in Mexico. Wogen gains exclusive offtake rights, and both partners will provide technical and market support. The non-binding MOU supports a 100-tonne-per-day processing plant, aligning with U.S. critical minerals priorities.

Torex Gold Resources Inc. completed its $26 million acquisition of Reyna Silver on August 20, 2025, following shareholder approval. The all-cash deal adds four early-stage exploration properties to Torex’s portfolio. Exploration will focus on Batopilas and Gryphon in 2025, with $1.6 million allocated, and expand to Guigui and Medicine Springs in 2026, aiming to create long-term shareholder value.

Sonoro Gold Corp. announces a non-brokered private placement of 3,500,000 units at CAD $0.15 each, raising CAD $525,000. Each unit includes one common share and one warrant, exercisable at CAD $0.22 for two years. Proceeds will fund the Cerro Caliche gold project in Sonora, Mexico, and working capital. The offering awaits TSX Venture Exchange approval.

Reyna Silver Corp. completed its acquisition by Torex Gold Resources Inc. via a court-approved plan on August 15, 2025. Shareholders received CAD $0.13 per share. Options, restricted share units, and warrants were vested, transferred, and cancelled for cash payments based on the share price minus exercise prices. Reyna Silver’s shares will delist from TSXV and OTCQB on August 21, 2025.

Tocvan Ventures Corp. appointed Christopher Gordon as Head of Corporate Development, leveraging his 18 years of mining sector experience to advance its gold and silver projects in Sonora, Mexico. Gordon’s past roles include key positions at Integra Gold and Integra Resources.