Welcome to our dedicated page for Silver X Mining news (Ticker: AGXPF), a resource for investors and traders seeking the latest updates and insights on Silver X Mining stock.
Silver X Mining Corp. reports developments tied to its precious-metals exploration, development and production platform in Peru. Recurring updates cover operating and financial results from the Nueva Recuperada Project, production activity at the Tangana Mining Unit, underground drilling and mine-development work at Blenda Rubia, and portfolio expansion through the Pampas gold-silver project.
Company news also includes capital-structure actions such as secured convertible debenture financings, board and governance changes, and operating plans for multiple mining fronts. The disclosures center on silver-polymetallic mineralization, processing performance, unit-cost trends, project development, and the funding used to support exploration, development capital and working capital.
Silver X Mining (OTCQB:AGXPF, TSXV:AGX) announced on December 17, 2025 the grant of equity incentives to directors and officers under its omnibus incentive plan dated August 9, 2024.
The company granted 450,000 restricted share units with a 1-year term and 900,000 stock options with a C$0.79 exercise price and a 6-year term. All grants are subject to TSX Venture Exchange approval.
Silver X Mining (OTCQB:AGXPF, TSX-V:AGX) was invited to present at a Private Investor's Round Table on November 25, 2025 at 6:00 PM at The Mar-a-Lago Club in Palm Beach, Florida. The invitation comes from Money Ball Networks and Money Channel NYC and targets accredited and high-net-worth investors.
Company executives will discuss operational performance, growth strategy, and the outlook for the silver and broader mining sector. Investors seeking follow-up meetings are directed to contact ir@silverxmining.com.
Silver X Mining Corp (OTCQB:AGXPF) announced on October 30, 2025 that it has engaged an independent strategic advisory firm co-led by Ernesto Balarezo and Patricia Kosa and appointed Ricardo Martínez as General Manager, effective immediately.
The advisory mandate is non‑exclusive and focuses on operational transformation, organizational effectiveness and performance management. The company intends to issue up to 450,000 stock options to the team, vesting over 12 months and subject to TSX Venture Exchange approval.
Silver X (OTCQB:AGXPF) announced a 40,000‑meter diamond drill program at Nueva Recuperada, Peru, funded by a recent Bought Deal financing to accelerate exploration, underground development, and operational improvements.
The company targets production of 1,000 tpd by 2Q26 (about a 40%+ increase) and pursues its "Plan 100" to reach combined operating and sustaining costs of US$100/tonne. A September 2025 PEA outlines a long‑term 3,000 tpd expansion and potential production of ~6.2M oz AgEq annually. The program will test high‑grade satellite targets with reported grades of 15–20 oz/tonne/b).A cautionary note states current production decisions rely on inferred resources and carry increased technical and economic uncertainty.
Silver X (TSXV:AGX / OTCQB:AGXPF) filed a NI 43-101 Preliminary Economic Assessment effective May 31, 2025 for the Nueva Recuperada district-scale project.
Key PEA metrics: After-tax NPV $439M (5%), LOM 14 years at 3,000 tpd, average annual production ~6.2 Moz AgEq, initial CapEx $82M, after-tax payback 3.0 years, LOM cash costs 11.8/oz AgEq and AISC 15.8/oz AgEq. Study supports two mills at Tangana and Plata and follows an oversubscribed bought deal financing.
Silver X Mining (OTCQB:AGXPF) has successfully completed two private placements for total gross proceeds of C$21.5 million. The financing consists of a C$16 million brokered offering and a C$5.5 million non-brokered offering, with units priced at C$0.50 each.
Each unit includes one common share and a half warrant, with whole warrants exercisable at C$0.70 until September 29, 2028. The company issued a total of 43 million units, with underwriters receiving C$1.26 million in fees and 2.52 million broker warrants.
The proceeds will fund capital and exploration expenditures at the company's Nueva Recuperada Silver District in Peru, along with working capital and corporate purposes. CEO José García highlighted this as a transformative milestone enabling significant advancement in exploration, resource conversion, and production scale.
Silver X Mining (OTCQB:AGXPF) has announced a combined financing initiative comprising a non-brokered private placement and a bought deal offering for total potential proceeds of up to C$21.5 million.
The non-brokered offering aims to raise between C$3-5.5 million through the sale of 6-11 million units at C$0.50 per unit. Concurrently, the bought deal offering seeks to raise C$13 million through 26 million units, with an over-allotment option for an additional C$3 million. Each unit includes one common share and a half warrant exercisable at C$0.70 for 36 months.
Proceeds will fund capital and exploration expenditures at the company's Nueva Recuperada Silver District in Peru, along with working capital needs. The offerings are expected to close on September 29, 2025.
Silver X Mining (OTCQB:AGXPF) has increased its previously announced bought deal private placement from C$10 million to C$13 million due to strong investor demand. The offering consists of 26 million units at C$0.50 per unit, with each unit comprising one common share and a half warrant exercisable at C$0.70 for 36 months.
The underwriters, led by Red Cloud Securities, have an option to purchase up to an additional 6 million units to raise an extra C$3 million. The proceeds will fund capital and exploration expenditures at the company's Nueva Recuperada Silver District in Peru, along with working capital needs. The offering is expected to close on September 29, 2025.
Silver X Mining (OTCQB:AGXPF) announced positive results from a new Preliminary Economic Assessment (PEA) for its Nueva Recuperada Silver District project. The PEA demonstrates an after-tax NPV of $440M at 5% discount rate and an IRR of 69%.
The project features a 14-year mine life with a combined mining and processing capacity of 3,000 tonnes per day, expecting to produce approximately 6.2 million ounces of silver equivalent annually. The initial capital expenditure is estimated at $82 million, with cash costs of $11.8/oz AgEq and AISC of $15.8/oz AgEq.
The company plans to operate two mines within the district: the Tangana Mining Unit and the Plata Mining Unit, with two milling facilities - a new 1,500 tpd mill at Tangana and an expanded Recuperada mill. The project's mineral resource estimate includes 3.90 MT of Measured and Indicated resources and 15.11 MT of Inferred resources.
Silver X Mining Corp. (OTCQB:AGXPF) reported its financial results for H1 2025, showing improved operating performance despite production challenges. The company achieved a 200% increase in operating income for H1 2025 compared to H1 2024, with operating income rising 55% to $847k in Q2 2025.
While processed tonnage declined by 9% year-to-date to 75,099 tons and AgEq head grades decreased by 12%, the company significantly reduced its net losses by 71% to $410K in H1 2025. The company maintained positive EBITDA of $908K for H1 2025, though down from $2.2M in H1 2024. Notable operational developments include 1,788 meters of mine development in Q1 and 2,253 exploration meters drilled in Q2, aligned with the company's 8,000-meter plan for 2025.