Sonoro Gold Corp. closed an oversubscribed non-brokered private placement, raising CAD $4.9 million by issuing 24.5 million units at $0.20 each. Proceeds will fund development of the Cerro Caliche gold project in Mexico and general working capital.
Goldgroup Mining Inc. has secured 100% ownership of Molimentales del Noroeste, S.A. de C.V.—owner of the San Francisco Gold Mine in Sonora, Mexico—through a court-approved bankruptcy restructuring, subject to TSXV approval. This consolidates the asset with historic 1.4M oz gold resources for potential production restart.
Capitan Silver Corp. entered a subscription agreement with Schroders for a C$6M non-brokered private placement, issuing 2.96M shares at C$2.03 each. Combined with prior C$23M offering, totals C$29M raised. Proceeds for Cruz de Plata project exploration and working capital.
Mithril Silver and Gold is mobilizing a third drill rig for its Copalquin gold-silver project in Mexico, planning 25,000m drilling in 2026 across multiple targets. Supported by geophysical surveys, LiDAR, and a maiden JORC resource, the expanded program builds on strong 2025 results.
Alamos Gold Inc. renewed its Normal Course Issuer Bid, authorizing repurchase of up to 18,580,120 Class A Common Shares (5% of public float) from Dec 24, 2025, to Dec 23, 2026, for cancellation to enhance shareholder value when undervalued.
Guanajuato Silver Company Ltd. has received conditional TSXV approval for acquiring the Bolanitos gold-silver mine in Mexico from Endeavour Silver. The company is satisfying remaining conditions, with closing expected in January 2026.
Tocvan Ventures Corp. began trenching material for pilot mine feed at Gran Pilar Gold-Silver Project’s South Block on Dec 22, 2025. Secured community approval; advancing infrastructure with site clearing/leveling for heap leach pad, ponds, roads, and processing for fully permitted 50,000-tonne facility. Maiden North Block drilling ongoing.
Sonoro Gold denies false allegations that the environmental permit (MIA) for its Cerro Caliche gold project was denied or that the company failed to disclose issues. A revised MIA submitted in February 2025 is currently under review by SEMARNAT, with full compliance affirmed.
Kenadyr Metals has reactivated on TSXV, changed its name to Algo Grande Copper (ticker: ALGR), and completed 100% acquisition of the Adelita Copper Project in the Sonora-Arizona belt, featuring high-grade skarn and porphyry potential, with drilling underway.
Newmont Corporation announced plans to sell 6,773,641 common shares of Fuerte Metals Corporation at CAD$4.35 each, generating ~CAD$29.5M in proceeds. This secondary transaction will reduce Newmont’s ownership from ~24% to 19.5%, while retaining a significant stake.
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