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Fredonia Mining Inc. Announces Intention to Amend Price of Previously Issued Warrants and Implement Early Warrant Exercise Incentive Program
Globenewswire· 2025-12-17 20:25
TORONTO, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Fredonia Mining Inc. (“Fredonia” or the “Company”) (TSXV: FRED) announces that the Company proposes to amend the exercise price of certain outstanding common share purchase warrants and implement an early warrant exercise incentive program with respect to certain other outstanding warrants of the Company to encourage their exercise and provide proceeds for ongoing corporate development activities. The Company currently has three series of warrants outstanding, as d ...
Capitan Silver Announces Closing of C$23 Million Bought Deal Financing, Including Full Exercise of the Underwriters' Option
TMX Newsfile· 2025-12-17 18:43
Core Viewpoint - Capitan Silver Corp. has successfully closed a private placement offering, raising approximately C$23 million to fund exploration and working capital [1][3]. Group 1: Offering Details - The offering consisted of 11,333,250 common shares priced at C$2.03 each, resulting in gross proceeds of C$23,006,497.50 [1]. - Stifel Canada acted as the sole bookrunner and lead underwriter, with TD Securities Inc., BMO Capital Markets, and Canaccord Genuity Corp. as co-underwriters [2]. - The net proceeds will be allocated to exploration activities at the Cruz de Plata gold-silver project and for general corporate purposes [3]. Group 2: Regulatory Compliance - The common shares were issued under the "listed issuer financing exemption" as per National Instrument 45-106, allowing for no statutory hold period for most investors [4]. - Certain insiders are subject to a hold period until April 18, 2026, in accordance with TSX Venture Exchange policies [4]. - The offering was also made available in the United States and other jurisdictions under applicable laws [4]. Group 3: Financial Aspects - The company paid approximately C$1,372,473 in cash commissions to the underwriters for their services [5]. - Related parties, including insiders, participated in the offering, subscribing for a total of 1,960,000 common shares [6]. Group 4: Company Overview - Capitan Silver is focused on developing a high-grade silver system at its Cruz de Plata project in Mexico's primary silver belt [9]. - The company is led by an experienced management team that has successfully advanced multiple projects into production [9]. - Capitan Silver maintains a tight share structure, with the top three shareholders owning over 38% of the company's share capital [9].
Aya Gold & Silver files updated NI 43-101 Technical Report for Zgounder
Yahoo Finance· 2025-12-17 12:15
Core Insights - Aya Gold & Silver has filed an updated NI 43-101 Technical Report for the Zgounder Deposit, which includes revised Proven & Probable Mineral Reserves and a Mineral Resource Estimate [1] - The Mineral Resource Estimate was prepared by RSC Consulting, while Aya Gold & Silver prepared the remainder of the Technical Report, including the Mineral Reserve [1] Group 1 - The updated Technical Report includes an accompanying updated Life of Mine (LOM) plan [1] - The report reflects the company's commitment to transparency and adherence to industry standards in resource estimation [1]
ExGen Signs Binding LOI to Acquire Silver Stream on Past-Producing Gold Mine
Globenewswire· 2025-12-17 12:00
Core Viewpoint - ExGen Resources Inc. has entered into a binding letter of intent to acquire a silver stream from a past-producing gold mine in Chile, marking its first silver stream agreement [1][2]. Group 1: Transaction Details - ExGen paid US$500,000 for a 33.4% silver stream until 333,334 ounces of silver are delivered, followed by a 16.7% silver stream on any additional silver produced [2]. - The transaction includes a requirement for PrivateCo to deliver a minimum of 4,200 ounces of silver to ExGen each calendar quarter starting from the second quarter of 2027 [6]. - If the quarterly minimum is not met, the vendor will compensate ExGen with an equivalent value of gold [6]. Group 2: Company Background - ExGen is a project accelerator focused on funding exploration and development through joint ventures and partnerships, aiming to reduce risks while maintaining exposure to potential discoveries [5]. - The company currently has seven projects in Canada and the US, indicating a diverse portfolio across various commodity groups [5].
Xali Gold to Close First Tranche of Private Placement December 19, 2025
Globenewswire· 2025-12-17 12:00
Not for dissemination in the United States or for distribution to U.S. Newswire Services VANCOUVER, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce that it plans to close the first tranche of the previously announced non–brokered private placement (the “Private Placement”) on December 19th, 2025, raising approximately C$1 Million. A second tranche of approximately C$0.5 Million is planned to close on or about Tuesday, Decem ...
Coeur Mining (CDE) May Be Fully Valued After Strong 2025 Rally
Yahoo Finance· 2025-12-17 06:56
Coeur Mining, Inc. (NYSE:CDE) is one of the 12 cheap gold stocks to buy now. Coeur Mining (CDE) May Be Fully Valued After Strong 2025 Rally As of December 12, 2025, Coeur Mining, Inc. (NYSE:CDE) boasts over 200% returns in 2025 alone and 87% over the past six months, having reached its 52-week high of $23.62 on October 16. While this reflects strong investor interest in the gold and silver producer, Cantor Fitzgerald holds a contradictory view. The firm downgraded the stock from “Overweight” to “Neutral” ...
Stinger Resources Inc. Announces Grant of Stock Options
TMX Newsfile· 2025-12-16 20:28
Cardston, Alberta--(Newsfile Corp. - December 16, 2025) - Stinger Resources Inc. (CSE: STNG) (the "Company") announces that it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to an aggregate of 1,100,000 common shares of the Company pursuant to the Company's incentive share option plan. The options are exercisable for a period of 10 years at a price of $0.06 per share. The options, and any underlying common shares issued on exercise thereof, ...
Lahontan Commences Drilling at West Santa Fe
Accessnewswire· 2025-12-16 12:30
Core Viewpoint - Lahontan Gold Corp. has initiated drilling at its West Santa Fe project, aiming to validate historic drill data and enhance its resource estimates for future development [1][3]. Group 1: West Santa Fe Project - The company has commenced its first drilling campaign at the West Santa Fe project, located 13 km from its flagship Santa Fe Mine [1]. - The initial drilling will focus on "twining" historic drill holes from the 1980s to confirm the validity of the existing drill hole database [1]. - Previous operators conducted 171 drill holes totaling 13,107 meters at West Santa Fe between 1980 and 1995, which may be utilized in future Mineral Resource Estimates (MRE) [1]. Group 2: Santa Fe Mine Project - Lahontan has completed its 2025 Phase Two drilling program at the Santa Fe Mine, executing twenty reverse-circulation drill holes in the Slab and York Resource areas [2]. - The drilling aimed to expand gold and silver resources at depth below the south end of the Slab pit and to grow mineral resources in the York area [2]. - The completed drill holes in the Slab area reached depths of up to 194 meters, remaining in oxidized and hydrothermally altered rock [2]. Group 3: Future Plans and Resource Estimates - The company plans to update the Santa Fe Mine MRE in early 2026, incorporating new drill hole data into a Preliminary Economic Assessment in the first half of 2026 [3]. - Since 2021, Lahontan has completed 99 diamond and reverse-circulation drill holes totaling 22,431 meters at the Santa Fe Mine, with 2025 marking the largest number of drill holes completed in a single year [3]. - The Santa Fe Mine project has a compliant Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent [4].
McEwen Secures Key Permit for El Gallo Mine; Mill Construction to Begin Mid-2026 - First Gold Pour Mid-2027
Globenewswire· 2025-12-16 11:00
Core Viewpoint - McEwen Inc. has received approval from the Mexican government for the extension of its Environmental Impact Assessment for the El Gallo Mine, enabling the company to commence Phase 1 Mill Construction, targeting mid-2026 for construction start and mid-2027 for the first gold pour [1] Group 1: Project Development - The company has purchased a ball mill, which is already onsite at the El Gallo Mine [1] - Phase 1 is expected to produce approximately 20,000 Gold Equivalent Ounces (GEOs) annually once commercial production is achieved, with production coming from reprocessing material from the historical leach pad [2] - Remaining capital costs to complete construction are estimated at $25 million, with no significant development or exploration costs anticipated, enhancing free cash flow [2] Group 2: Resource Estimates - Historical silver resources for the El Gallo and district satellite deposits total 53.1 million ounces in the Measured and Indicated categories and 31 million ounces in the Inferred category [3] - The resource estimates were calculated using a silver price of $28.50 per ounce and a gold price between $950 and $1,500 per ounce [3] - The company plans to update the resource estimates for El Gallo in 2026 based on currently known resource areas [3] Group 3: Company Overview - McEwen provides shareholders with exposure to a growing base of gold and silver production, along with a significant copper development project in the Americas [5] - The company has a 46.4% interest in McEwen Copper, which owns the Los Azules copper development project in Argentina, valued at approximately US$456 million [6] - The Los Azules project aims to be one of the world's first regenerative copper mines and carbon neutral by 2038 [7] Group 4: Leadership and Investment - Chairman Rob McEwen has personally invested over US$200 million and takes a salary of $1 per year, aligning his interests with shareholders [9] - His objective is to build McEwen's profitability, share value, and eventually implement a dividend policy, similar to his previous experience with Goldcorp Inc. [9]
Hycroft Expands Vortex High-Grade Silver System
Prnewswire· 2025-12-15 14:00
Highest grades to date identified in Vortex New target areas for expansion Corporate Update WINNEMUCCA, Nev., Dec. 15, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces initial drill results from the 2025-2026 Exploration Drill Program (the "Exploration Program") at the Hycroft Mine, located in Nevada, USA a Tier-1 mining jurisdiction. A corporate update on technical studies and new resource are also announced. Highlights from the drilling inclu ...