Roxmore Resources Inc Stock Price, News & Analysis

Roxmore Resources (OTCQX:GARLF) reported drill results from the Converse Gold Project, Nevada, including a 194.5m interval grading 0.71 g/t Au from 190.2m in hole CV25-007C, which contains 12.5m at 1.14 g/t Au from 208.5m and 24.1m at 1.77 g/t Au from 281m. CV25-007C twinned historic RC hole NK-087 and extended mineralization 89.6m below the historic end-of-hole. True thickness is estimated at ~150m. The highest assay returned 5.39 g/t Au. Results will feed an updated geological model and the Preliminary Economic Assessment due in Q2 2026, with more drill results expected in Q1 2026.

Roxmore Resources (OTCQX:GARLF) announced that its common shares began trading on the OTCQX Best Market in the United States on December 19, 2025.

U.S. investors can access current financial disclosure and real-time Level 2 quotes on www.otcmarkets.com. Roxmore will continue trading on the CSE and upgraded to OTCQX after meeting the market's standards for financial reporting, corporate governance, and securities-law compliance.

Roxmore Resources (CSE:RM) completed a court-approved plan of arrangement effective November 20, 2025, acquiring 100% of Taura Gold (TSXV:TORA) by issuing 4,596,694 Roxmore Shares in exchange for 22,983,472 Taura Shares (exchange ratio 0.2 Roxmore per Taura share).

Post-closing ownership is ~91.5% existing Roxmore and 8.5% former Taura shareholders (non-diluted). Roxmore completed a 10:1 share consolidation, changed its name, and began trading as RM on the CSE on November 20, 2025. Taura will be a wholly-owned subsidiary and Taura shares will be delisted from the TSXV effective close of trading on November 21, 2025.

Axcap (CSE:AXCP) and Taura (TSXV:TORA) announced Taura shareholder approval of a court‑approved plan of arrangement under which Axcap will acquire all Taura common shares. Taura shareholders approved the Arrangement by the required thresholds including at least 66⅔% of votes cast.

Axcap also set post‑market close November 19, 2025 as the effective date for a 1-for-10 share consolidation and a corporate name change to Roxmore Resources, with the new CSE symbol RM and trading to begin November 20, 2025. The Arrangement hearing is scheduled for Nov 19, 2025 with anticipated closing on Nov 20, 2025, subject to court and regulatory approvals.

Axcap Ventures (OTCID:GARLF) has successfully negotiated an extension for its milestone payment obligation with Waterton Nevada Splitter LLC. The payment, originally due on July 15, 2025, has been extended to September 30, 2025.

As consideration for this extension, Axcap has issued 1,550,000 common shares to Waterton. These shares are subject to a four-month-and-one-day hold period from their issuance date. The extension agreement modifies the original milestone payment rights agreement dated July 15, 2024, between Converse Acquisition Company, Limited and Waterton.

Axcap Ventures (OTCID:GARLF) has announced significant drill results from hole CV25-002C at its 100%-owned Converse Project in Nevada. The drilling revealed two key high-grade gold intersections: 18.01 metres grading 1.75 g/t gold within the Havallah Sequence, and 10.85 metres grading 1.18 g/t gold from the Antler Peak Formation.

The company made a crucial geological discovery by confirming the presence of the Antler Peak Formation beneath the Golconda Thrust, a major structural feature associated with several large Nevada gold systems. This validates Axcap's structural model targeting deeper intrusion-related mineralization and parallels the geology of regional tier-one deposits like Phoenix, Fortitude, and Marigold.

These results follow the previous CV25-001C intercept of 10.85 metres grading 5.45 g/t gold, demonstrating potential to enhance grade within the current resource of 330 Mt @ 0.525 g/t Au (M&I) and highlighting exploration upside at depth.

Axcap Ventures (OTCID:GARLF) has initiated a Preliminary Economic Assessment (PEA) for its wholly-owned Converse Gold Project in Nevada. The project represents one of the largest undeveloped gold deposits in the United States, with a Measured and Indicated Resource of 5.57 million ounces of gold at 0.53g/t Au and an additional Inferred Resource of 420,000 ounces.

The PEA will include updated resource modeling, mine plan optimization, and economic modeling at various gold price scenarios. Metallurgical data shows heap leach recovery rates of 77% for oxide, 62% for transition, and 50% for sulphide material. This assessment marks the first comprehensive economic study of the project in over a decade.

Axcap Ventures has announced significant drilling results from its first hole (CV25-001C) at the Converse Project in Nevada's Battle Mountain-Eureka Trend. The drilling confirmed near-surface gold mineralization and discovered a new high-grade zone at depth, intersecting 10.85 meters grading 5.45 g/t gold from 666.4 meters depth. The project currently hosts a large open pit resource of 5.5 Moz at 0.53 g/t in measured and indicated categories, plus 420koz at 0.53 g/t inferred. Key intersections include 26.18 meters at 2.52 g/t gold from 654 meters and 21.21 meters at 0.31 g/t Au with silver and copper credits from 208.8m. The discovery is part of a 5,500-meter drill program aimed at confirming current resources, reducing waste, and testing for mineralization expansion opportunities.

Axcap Ventures has implemented a minimum share ownership policy for its Board of Directors and Senior Executives, requiring them to maintain specific ownership levels of company shares. Since January 2025, insiders have collectively acquired over 2.4 million shares worth more than $400,000 in the open market. The policy mandates that certain parties must own shares equivalent to at least two times their base salary, including unvested share units like PSUs and RSUs. Any material changes to this threshold will require mutual consent. The company's Converse property represents the largest undeveloped gold deposit in Nevada with 5.57 Moz M&I, and management expects to release initial drill results in the coming weeks.