Latest news with #Magma
News18
4 days ago
- Business
- News18
Magma secures Rs 10 crore funding from GVFL
Agency: PTI Last Updated: New Delhi, Jul 26 (PTI) Industrial solutions provider Magma has raised Rs 10 crore in funding from venture capital fund GVFL. The proceeds will be utilised towards expanding working capital and strengthening market position, the company said in a statement. Magma has extended its Series A round with a strategic investment from GVFL Ltd. The company has received Rs 10 crore, it added. 'Their (GVFL's) deep presence in Gujarat's industrial landscape and alignment with the Government of Gujarat make them an incredibly strategic partner. As we scale nationally, having such a growth partner adds value," said Neal Thakker, founder and CEO of Magma. Ahmedabad-based Magma provides a suite of solutions to factories across verticals, including raw materials supply, green energy, waste management, and logistics. The company is currently operating at a Rs 300 crore annualised revenue run rate, has served over 350 industrial customers, and is already profitable. PTI ABI ABI BAL BAL Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Cision Canada
5 days ago
- Business
- Cision Canada
Silver Hits Inflection Point--Retail Eyes Turn to High-Potential Miners
VANCOUVER, BC, July 25, 2025 /CNW/ -- Equity Insider News Commentary – Silver is starting to attract renewed attention as it pushes toward what some chart analysts are calling a once-in-a-generation technical breakout. With the metal now testing the critical US$40 mark, major institutions like Bank of America are beginning to suggest that silver could outperform gold in the months ahead. As momentum builds, investor interest is shifting toward emerging silver miners such as Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), Till Capital Corporation (TSXV: TILL) (OTCPK: TILCF), Silver Storm Mining Ltd. (TSXV: SVRS) (OTCQB: SVRSF), Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF), and Equity Metals Corporation (TSXV: EQTY) (OTCQB: EQMEF). Just as gold cooled off after a brief rally, silver has started to gain traction. Sprott Asset Management has flagged silver's upside potential, pointing to its favorable supply-demand dynamics. With structural supply shortfalls persisting and new money flowing into silver-backed plays, the setup is creating compelling entry points for mining-focused investors. Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) has secured full community access rights to its Jorimina and Randypata deposits in Peru, clearing the path for immediate exploration. The agreement with the Comunidad Campesina De Tunsulla is now in good standing through the 2025 season and into 2026, allowing the company to finalize its summer exploration plan and begin groundwork. "A community access agreement is the foundation for all exploration in Peru and the importance of obtaining and maintaining these agreements and continuously striving to ensure a harmonious and mutually beneficial relationship with the local community members cannot be overstated," Stephen Barley, Chairman and CEO of Magma Silver. "This is their land, and we are being allowed the privilege of exploring and developing the property. We will endeavor to treat the land and local communities with the utmost care and respect at all times." These deposits saw over CAD$10 million in historic exploration by Newmont, which reported promising results from both surface sampling and drilling—including highlights like 17.4 metres of 3.06 g/t gold and 128 metres of 1.31 oz/t silver from the Jorimina deposit. This milestone follows Magma's recent expansion into Peru, where it has launched a Lima office and assembled a seasoned in-country team to accelerate its 4,100-hectare Niñobamba silver-gold project. The project is underpinned by three contiguous deposits— Main, Randypata, and Jorimina—which are believed to form a single large-scale high-sulfidation system. The company's strategy now hinges on applying modern targeting techniques to ground that was already tested by majors like Newmont and AngloGold. " Magma has established a first-class operating team in Peru," said Barley. "We have successfully created the team in record time, thanks to the guidance of Jeffrey Reeder, our Senior Technical Advisor, and his extensive experience in mining operations in Peru, spanning over 30 years. " Veteran geologist and mine builder Carlos Agreda Minaya takes over as General Manager, backed by legal counsel Dentons, environmental specialist Ecosoul, and field expert Edgar Leon Choque, all working toward drill permits for the Jorimina and Randypata deposits that could arrive this month. "The establishment of an experienced operations team we can trust will make a significant contribution to our success in Peru," said Stephen Barley, CEO and Chairman of Magma Silver. "Peru is a sophisticated, mining-friendly jurisdiction with detailed regulatory requirements that must be strictly adhered to. The experienced team we are involved with will ensure smooth operations for Magma." Veteran geologist Carlos Agreda Minaya has been appointed General Manager, leading a team supported by Dentons for legal, Ecosoul for environmental work, and Edgar Leon Choque in the field. Surface access is already secured for Randypata and Jorimina, while discussions for Main are underway. The company expects to receive drill permits soon, with a diamond drilling campaign targeted for Q4 2025. In parallel, mapping, and surface sampling are underway to refine targets. Magma's share structure remains tight, with just over 34 million shares outstanding and all claims secure through at least mid-2026. As the company shifts from planning to execution, it offers new investors exposure to a well-positioned exploration play in one of South America's most mining-friendly jurisdictions. In other industry developments and happenings in the market include: Till Capital Corporation (TSXV: TILL) (OTCPK: TILCF) has officially acquired Silver Storm Mining Ltd. (TSXV: SVRS) (OTCQB: SVRSF) in an all-share deal, consolidating the two companies under one silver-focused banner. The transaction gives former Till shareholders equity in Silver Storm and exposure to its flagship La Parrilla silver mine complex in Mexico, which previously produced over 34 million silver-equivalent ounces. With 100% ownership of both La Parrilla and the large-scale San Diego silver project, Silver Storm is now positioned as a growing player in the Mexican silver space. The newly combined company brings together strategic assets, fresh capital, and a focused plan to re-enter production in a tightening silver market. Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) is advancing exploration at its Adams Plateau project in British Columbia, a prospective SEDEX-style system targeting silver, zinc, lead, copper, and gold. "We are glad to continue our work on Adams Plateau toward defining drill targets on this road-accessible project," said Gary Thompson, CEO of Silver47. "The abundance of surface mineralization on the Project is very encouraging for the potential of new and exciting discoveries. The Company has received a 5-year permit for drilling. This year is shaping up to be transformational for the Company with a full season of drilling at the flagship Red Mountain Project and the pending merger with Summa Silver." The company recently completed prospecting and soil geochemical surveys, collecting 687 samples across multiple high-potential zones. Results will guide future drilling as Silver47 works to uncover new mineralized trends within this underexplored but highly promising area. Equity Metals Corporation (TSXV: EQTY) (OTCQB: EQMEF) has kicked off its 2025 drill program at the Silver Queen project in British Columbia, with initial holes targeting extensions of high-grade silver-gold-zinc mineralization along the No. 3 Vein. "Equity continues the process of systematic extension of the No. 3 Vein set, which remains open along strike and at depth," said Rob Macdonald, VP Exploration for Equity Metals. "The 2025 drill program builds on earlier 2024 exploration encouragement, and with continued success, will be accretive to the existing mineral resources identified in the four known precious metal deposits currently delineated on the property. Work in 2025 will continue to incorporate the 2024-25 drill data into revised exploration and resource models toward a Mineral Resource update to be prepared in Q4/25 as Equity continues to develop the ever-expanding Silver Queen vein systems." The company has already completed over 1,400 metres of drilling out of a planned 6,000 metres, following up on strong 2024 results that showed up to 710 g/t silver equivalent over 3.3 metres. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This content is being distributed for media Corp, who has been paid a fee for an advertising contract with Magma Silver Corp. MIQ has not been paid a fee for Magma Silver Corp. advertising or digital media, but the owner/operators of MIQ also co-own Media Corp. ("BAY") There may also be 3rd parties who may have shares of Magma Silver Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Magma Silver Corp. but reserve the right to buy and sell and will buy and sell shares of Magma Silver Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Magma Silver Corp. Technical information relating to and published by Magma Silver Corp. has been reviewed and approved by Jeffrey Reeder, PGeo, a Qualified Person as defined by National Instrument 43-101. Mr. Reeder is a Technical Advisor of Magma Silver Corp., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Magma Silver Corp. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Entrepreneur
22-07-2025
- Business
- Entrepreneur
GVFL Invests in Magma as Part of Extended Series A Round
This funding round also includes notable investors such as Capria Ventures, General Catalyst, and Accion Venture Lab. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. GVFL Ltd has announced a strategic investment in Magma, an Ahmedabad-based industrial solutions provider, as part of the company's extended Series A round. This funding round also includes notable investors such as Capria Ventures, General Catalyst, and Accion Venture Lab. Founded in 2022 by Neal Thakker, Magma offers a range of services to factories, including raw material supply, green energy solutions, waste management, and logistics. The startup claims to have reached an annualised revenue run rate of INR 300 crore and has served over 350 industrial clients. Already operating profitably, Magma now aims to hit a revenue run rate of INR 1,000 crore in the next two years through geographic and vertical expansion. Mihir Joshi, Managing Director at GVFL, said, "We are delighted to support Magma in its mission to digitise and streamline factory operations for Indian manufacturers. The team brings strong execution capabilities and a sharp understanding of on-ground challenges in the sector. At GVFL, we look to back entrepreneurs building scalable solutions for traditional industries." Neal Thakker, Founder and CEO of Magma, added, "GVFL's entry into our cap table felt intuitive. Their deep presence in Gujarat's industrial landscape and alignment with the Government of Gujarat makes them an incredibly strategic partner," he noted. "As we scale nationally, having a local growth partner that understands the pulse of traditional industries adds tremendous value." Magma currently operates in 10 Indian states and supports sectors such as ceramics, chemicals, packaging, plastics, and polymers. It has raised more than USD 8 million to date and positions itself as a key player in building sustainable and technology-driven supply chains for Indian manufacturers.
Malaysian Reserve
18-07-2025
- Business
- Malaysian Reserve
Silver's Surprise Breakout Could Mint the Metal's Biggest Bull Run Since 2011
USA News Group News Commentary Issued on behalf of Magma Silver Corp. VANCOUVER, BC, July 18, 2025 /PRNewswire/ — USA News Group News Commentary – Within the last week, silver crossed the $39 barrier, hitting its highest level since 2011. Now analysts are predicting what could be the summer of silver, for both bullion and mining stocks, as witnessed by recent ETF trends. Despite a more recent pullback, silver's price remains higher than it's been in recent memory, in what some analysts are calling a generational technical breakout. This recent bullish environment is causing the market to start shifting focus to silver miners, including paying closer attention to recent developments from Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI), Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR), MAG Silver Corp. (NYSE: MAG) (TSX: MAG), and Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS). The real signal for silver may still be ahead, as long-term demand drivers in industrial and green tech sectors continue to build a case for silver miners. Some analysts now believe silver's rally is just getting started. UBS sees $40 silver on the horizon, while others are coming out with bold targets ranging from US$100 to as high as US$130 per ounce. Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) has just opened a Lima headquarters and hired a full in‑country team to accelerate its 4,100‑hectare Niñobamba silver‑gold project, a high-potential unmined high‑sulfidation systems. 'Magma has established a first-class operating team in Peru,' said Stephen Barley, CEO and Chairman of Magma Silver. 'We have successfully created the team in record time, thanks to the guidance of Jeffrey Reeder, our Senior Technical Advisor, and his extensive experience in mining operations in Peru, spanning over 30 years. ' Veteran geologist and mine builder Carlos Agreda Minaya takes over as General Manager, backed by legal counsel Dentons, environmental specialist Ecosoul, and field expert Edgar Leon Choque, all working toward drill permits for the Jorimina and Randypata zones that could arrive this month. 'The establishment of an experienced operations team we can trust will make a significant contribution to our success in Peru,' said Stephen Barley, CEO and Chairman of Magma Silver. 'Peru is a sophisticated, mining-friendly jurisdiction with detailed regulatory requirements that must be strictly adhered to. The experienced team we are involved with will ensure smooth operations for Magma.' Their goal is a Q3 2025 diamond drill program that finally applies modern 3‑D targeting to ground that majors such as Newmont and AngloGold already spent more than US$10 million testing, returning historic highlight hits like 72.3 metres of 1.19 g/t gold and 130 metres of 87 g/t silver. Magma controls three contiguous zones — Niñobamba, Randypata, and Jorimina — believed to form part of a single high-sulfidation system. With all claims in good standing through at least June 2026, Magma has full operational control and is preparing for a diamond drill campaign targeted for Q4 2025. Surface access agreements are already secured for Randypata and Jorimina, and discussions are advancing for Niñobamba. Magma expects to receive drill permits for Jorimina and Randypata as early as this month, while groundwork continues with Alpha IP geophysics, mapping, and sampling across the corridor. With fewer than 34 million shares outstanding and all claims secure through at least June 2026, Magma Silver is moving from paper plans to on‑the‑ground execution, giving new investors a tightly held shot at a proven but under‑explored system. CONTINUED… Read this and more news for Magma Silver at: In other industry developments and happenings in the market include: Silver was the standout metal for Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) in Q2 2025, as its Caylloma Mine delivered 240,621 ounces on grades of 64 g/t and recoveries above 83%. The mine also turned out 12.9 million pounds of zinc and 8.9 million pounds of lead, bolstering cash flow even as management stays laser‑focused on silver. Caylloma's 9,493 gold‑equivalent ounces form the backbone of Fortuna's 71,229‑ounce consolidated total and leave the operation pacing toward the high end of its annual guidance. After shedding non‑core assets, the company can channel more capital into Caylloma's underground expansion and near‑mine exploration aimed at lifting future silver tonnage. Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) turned out 1,483,736 oz of silver in Q2 2025, a 13% jump year‑over‑year that lifted total output to 2.53 million silver‑equivalent ounces. The gain stems mainly from the newly acquired Kolpa mine, which processed 118,896 t of ore at 111 g/t silver while management fast‑tracks integration work. With Terronera averaging 1,400 t/d late in the quarter, Endeavour has two fresh growth levers to keep silver volumes climbing into 2026. 'We delivered strong and consistent production in the second quarter,' said Dan Dickson, CEO of Endeavour Silver. 'The integration of Kolpa is progressing smoothly, with output already trending above initial expectations. At the same time, Terronera continues to move steadily toward commercial production. This is a pivotal time for Endeavour as we build operational momentum and position the Company for meaningful, long-term growth.' MAG Silver Corp. (NYSE: MAG) (TSX: MAG) shareholders have approved, by a 99.52% vote, a plan‑of‑arrangement under which Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) will acquire the company for a mix of cash and shares. 'This transaction represents a compelling opportunity for our shareholders, providing an immediate premium and meaningful exposure to Pan American's world-class assets and proven growth strategy,' said George Paspalas, President and CEO of MAG. 'We are proud of what we've accomplished at MAG, particularly our partnership with Fresnillo which has created extraordinary value at the exceptional Juanicipio mine. Through the acquisition of our interest by Pan American – a respected leader in the global precious metals industry – our shareholders will participate in an exciting future defined by operational excellence, substantial exploration potential, and strong financial stewardship with significant portfolio exposure.' Each holder may choose $20.54 in cash or 0.755 Pan American Silver shares per MAG Silver share, subject to a $500 million cash cap. With 59.03% of shares represented at the July 10 meeting, closing is targeted for the second half of 2025 following final Mexican competition clearance. 'Our acquisition of MAG brings into Pan American's portfolio one of the best silver mines in the world,' said Michael Steinmann, President and CEO of Pan American. 'This strategic acquisition further solidifies Pan American as a leading Americas-focused silver producer. Together, we bring many decades of operator experience in Mexico and Latin America to the Joint Venture and we are looking forward to a collaborative future and value generation for all shareholders involved.' The transaction rolls MAG Silver's 44% stake in the high‑grade Juanicipio mine into Pan American Silver's portfolio, giving retail investors either an immediate payout or ongoing exposure to a larger silver producer. Article Source: CONTACT: USA NEWS GROUP info@ (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly owned subsidiary of Market IQ Media Group, Inc. ('MIQ'). This content is being distributed for media Corp, who has been paid a fee for an advertising contract with Magma Silver Corp. MIQ has not been paid a fee for Magma Silver Corp. advertising or digital media, but the owner/operators of MIQ also co-own Media Corp. ('BAY') There may also be 3rd parties who may have shares of Magma Silver Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Magma Silver Corp. but reserve the right to buy and sell and will buy and sell shares of Magma Silver Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Magma Silver Corp. Technical information relating to and published by Magma Silver Corp. has been reviewed and approved by Jeffrey Reeder, PGeo, a Qualified Person as defined by National Instrument 43-101. Mr. Reeder is a Technical Advisor of Magma Silver Corp., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Magma Silver Corp. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Logo – View original content:
Cision Canada
18-07-2025
- Business
- Cision Canada
Silver's Surprise Breakout Could Mint the Metal's Biggest Bull Run Since 2011
Issued on behalf of Magma Silver Corp. VANCOUVER, BC, July 18, 2025 /CNW/ -- USA News Group News Commentary – Within the last week, silver crossed the $39 barrier, hitting its highest level since 2011. Now analysts are predicting what could be the summer of silver, for both bullion and mining stocks, as witnessed by recent ETF trends. Despite a more recent pullback, silver's price remains higher than it's been in recent memory, in what some analysts are calling a generational technical breakout. This recent bullish environment is causing the market to start shifting focus to silver miners, including paying closer attention to recent developments from Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI), Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR), MAG Silver Corp. (NYSE: MAG) (TSX: MAG), and Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS). The real signal for silver may still be ahead, as long-term demand drivers in industrial and green tech sectors continue to build a case for silver miners. Some analysts now believe silver's rally is just getting started. UBS sees $40 silver on the horizon, while others are coming out with bold targets ranging from US$100 to as high as US$130 per ounce. Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) has just opened a Lima headquarters and hired a full in‑country team to accelerate its 4,100‑hectare Niñobamba silver‑gold project, a high-potential unmined high‑sulfidation systems. " Magma has established a first-class operating team in Peru," said Stephen Barley, CEO and Chairman of Magma Silver. "We have successfully created the team in record time, thanks to the guidance of Jeffrey Reeder, our Senior Technical Advisor, and his extensive experience in mining operations in Peru, spanning over 30 years. " Veteran geologist and mine builder Carlos Agreda Minaya takes over as General Manager, backed by legal counsel Dentons, environmental specialist Ecosoul, and field expert Edgar Leon Choque, all working toward drill permits for the Jorimina and Randypata zones that could arrive this month. "The establishment of an experienced operations team we can trust will make a significant contribution to our success in Peru," said Stephen Barley, CEO and Chairman of Magma Silver. "Peru is a sophisticated, mining-friendly jurisdiction with detailed regulatory requirements that must be strictly adhered to. The experienced team we are involved with will ensure smooth operations for Magma." Their goal is a Q3 2025 diamond drill program that finally applies modern 3‑D targeting to ground that majors such as Newmont and AngloGold already spent more than US$10 million testing, returning historic highlight hits like 72.3 metres of 1.19 g/t gold and 130 metres of 87 g/t silver. Magma controls three contiguous zones — Niñobamba, Randypata, and Jorimina — believed to form part of a single high-sulfidation system. With all claims in good standing through at least June 2026, Magma has full operational control and is preparing for a diamond drill campaign targeted for Q4 2025. Surface access agreements are already secured for Randypata and Jorimina, and discussions are advancing for Niñobamba. Magma expects to receive drill permits for Jorimina and Randypata as early as this month, while groundwork continues with Alpha IP geophysics, mapping, and sampling across the corridor. With fewer than 34 million shares outstanding and all claims secure through at least June 2026, Magma Silver is moving from paper plans to on‑the‑ground execution, giving new investors a tightly held shot at a proven but under‑explored system. In other industry developments and happenings in the market include: Silver was the standout metal for Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) in Q2 2025, as its Caylloma Mine delivered 240,621 ounces on grades of 64 g/t and recoveries above 83%. The mine also turned out 12.9 million pounds of zinc and 8.9 million pounds of lead, bolstering cash flow even as management stays laser‑focused on silver. Caylloma's 9,493 gold‑equivalent ounces form the backbone of Fortuna's 71,229‑ounce consolidated total and leave the operation pacing toward the high end of its annual guidance. After shedding non‑core assets, the company can channel more capital into Caylloma's underground expansion and near‑mine exploration aimed at lifting future silver tonnage. Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) turned out 1,483,736 oz of silver in Q2 2025, a 13% jump year‑over‑year that lifted total output to 2.53 million silver‑equivalent ounces. The gain stems mainly from the newly acquired Kolpa mine, which processed 118,896 t of ore at 111 g/t silver while management fast‑tracks integration work. With Terronera averaging 1,400 t/d late in the quarter, Endeavour has two fresh growth levers to keep silver volumes climbing into 2026. "We delivered strong and consistent production in the second quarter," said Dan Dickson, CEO of Endeavour Silver. "The integration of Kolpa is progressing smoothly, with output already trending above initial expectations. At the same time, Terronera continues to move steadily toward commercial production. This is a pivotal time for Endeavour as we build operational momentum and position the Company for meaningful, long-term growth." MAG Silver Corp. (NYSE: MAG) (TSX: MAG) shareholders have approved, by a 99.52% vote, a plan‑of‑arrangement under which Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) will acquire the company for a mix of cash and shares. "This transaction represents a compelling opportunity for our shareholders, providing an immediate premium and meaningful exposure to Pan American's world-class assets and proven growth strategy," said George Paspalas, President and CEO of MAG. "We are proud of what we've accomplished at MAG, particularly our partnership with Fresnillo which has created extraordinary value at the exceptional Juanicipio mine. Through the acquisition of our interest by Pan American - a respected leader in the global precious metals industry - our shareholders will participate in an exciting future defined by operational excellence, substantial exploration potential, and strong financial stewardship with significant portfolio exposure." Each holder may choose $20.54 in cash or 0.755 Pan American Silver shares per MAG Silver share, subject to a $500 million cash cap. With 59.03% of shares represented at the July 10 meeting, closing is targeted for the second half of 2025 following final Mexican competition clearance. "Our acquisition of MAG brings into Pan American's portfolio one of the best silver mines in the world," said Michael Steinmann, President and CEO of Pan American. "This strategic acquisition further solidifies Pan American as a leading Americas-focused silver producer. Together, we bring many decades of operator experience in Mexico and Latin America to the Joint Venture and we are looking forward to a collaborative future and value generation for all shareholders involved." The transaction rolls MAG Silver's 44% stake in the high‑grade Juanicipio mine into Pan American Silver's portfolio, giving retail investors either an immediate payout or ongoing exposure to a larger silver producer. CONTACT: [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This content is being distributed for media Corp, who has been paid a fee for an advertising contract with Magma Silver Corp. MIQ has not been paid a fee for Magma Silver Corp. advertising or digital media, but the owner/operators of MIQ also co-own Media Corp. ("BAY") There may also be 3rd parties who may have shares of Magma Silver Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Magma Silver Corp. but reserve the right to buy and sell and will buy and sell shares of Magma Silver Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Magma Silver Corp. Technical information relating to and published by Magma Silver Corp. has been reviewed and approved by Jeffrey Reeder, PGeo, a Qualified Person as defined by National Instrument 43-101. Mr. Reeder is a Technical Advisor of Magma Silver Corp., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Magma Silver Corp. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
