Welcome to our dedicated page for Mexican Gold Mining news (Ticker: MEXGF), a resource for investors and traders seeking the latest updates and insights on Mexican Gold Mining stock.
Mexican Gold Mining Corp. (TSXV: MEX, OTCQB: MEXGF) is a junior company in the other precious metals and mining industry with projects in Veracruz State, Mexico. The news flow around Mexican Gold focuses on exploration-stage developments, project acquisitions, corporate governance changes, and financing activities that shape its mineral portfolio and capital structure.
Readers following Mexican Gold’s news can see detailed coverage of its work around the Las Minas project and surrounding mineral titles. Recent announcements include the assignment and acquisition of the Tatatila Project, a group of mineral concessions that surround or are adjacent to Las Minas and host several skarn prospects identified by the previous owner. These updates outline share-based consideration, royalty terms, and regulatory conditions tied to the transaction.
News releases also describe non-brokered private placements, including unit offerings with common shares and share purchase warrants. The company explains how proceeds are allocated among claim fee payments, OTCQB listing fees, ongoing work at the Las Minas project, payment of outstanding invoices, and general working capital. Such disclosures provide insight into how Mexican Gold finances and prioritizes its exploration activities.
Corporate and governance items are another key news theme. Mexican Gold publishes information on its Annual General Meeting of Shareholders, including director elections, auditor appointments, and stock option plan approvals. Board changes, such as directors not seeking re-election and new nominees with mining and investment backgrounds, are communicated through these releases.
By reviewing this news page, investors and observers can track Mexican Gold Mining Corp.’s project-level agreements, equity financings, and board decisions in one place, using the company’s own regulatory-style announcements as a primary source of information.
Platauro Metals Corp. (TSXV: PURO, formerly Mexican Gold Mining; OTC: MEXGF) completed its court-approved plan of arrangement under the BC Business Corporations Act, acquiring all issued and outstanding shares of Alcon Silver in an all-share transaction. Alcon shareholders received one post-consolidation Platauro common share for each Alcon share, resulting in former Alcon holders owning approximately 53% of Platauro on a non-diluted basis. Platauro issued 40,797,830 consideration shares at a deemed price of about $0.27 per share, implying aggregate deemed consideration of roughly $10.88 million.
In connection with the deal, the company completed a 1.6667-for-one share consolidation and changed its name from Mexican Gold Mining to Platauro Metals. Post-consolidation shares begin trading on July 20, 2026 under the new ticker “PURO” and CUSIP 727632101.
Platauro also closed a non-brokered private placement of 11,495,000 subscription receipts at $0.20 each, raising gross proceeds of $2,299,000. On closing of the arrangement, each receipt converted into one unit, consisting of one common share and one-half warrant; each whole warrant allows purchase of one share at $0.30 for 30 months. Net proceeds are earmarked for exploration at the Princesa project in Peru, the Rowdy claim at Tatatila in Mexico, legal fees related to a Las Minas claims dispute, and general working capital.
Governance changes include the addition of John Larson and Bruce Winfield from Alcon to Platauro’s board, the resignation of Ashley O’Neill, and the appointment of former Alcon CEO Robert S. Tyson as an advisor. All Alcon directors and officers resigned, and Platauro will seek for Alcon to cease being a reporting issuer. Before closing, Alcon’s unsecured convertible debentures automatically converted into 560,000 Alcon shares at $0.25 per share, leaving no debentures outstanding.
Mexican Gold Mining Corp (OTC:MEXGF) agreed to acquire Alcon Silver via a court-approved arrangement dated April 8, 2026, creating a diversified precious-metals explorer to be renamed Platauro Metals.
Key terms: Alcon shareholders receive one post-consolidation Mexican Gold share for each Alcon share (holding ~61% post-closing), consolidation at 1.6667-for-one, concurrent financing up to $2.0M, automatic conversion of $242,650 Alcon debentures at CAD$0.25, and an expected Company Meeting on or before June 15, 2026 (outside date Aug 31, 2026).
Material assets include Princesa historical silver (4.6 Mt at 90.88 g/t Ag) and Las Minas NI 43-101 resources (Indicated 443k AuEQ oz; Inferred 361k AuEQ oz) with a PEA showing a 35% after-tax IRR at US$2,000/oz gold.
Mexican Gold (OTCQB: MEXGF) announced a management change on April 2, 2026: Holgren Lai, CPA, was appointed Chief Financial Officer effective the same date, succeeding Julie Van Baarsen who resigned to pursue other opportunities. Mr. Lai is supported by RW Global and previously served as Senior Audit Manager at Crowe Mackay.
Mexican Gold (OTC: MEXGF) granted 3,650,000 stock options effective January 30, 2026. The Options vest on the grant date and are exercisable at $0.16 per share until January 30, 2031. Options and resulting shares are subject to TSX Venture Exchange acceptance and a four-month hold period.
Mexican Gold (OTC: MEXGF) will hold its Annual General Meeting on December 10, 2025 at 10:00 a.m. PT in North Vancouver. The record date is October 22, 2025. Proxy materials and the management information circular will be mailed to shareholders and posted on SEDAR+ and the company's investor website.
Agenda items include setting the number of directors, electing directors, appointing an auditor, and approving a 10% rolling Stock Option Plan. John Anderson and Ali Zamani will not seek re-election. Nominations proposed are incumbent CEO Jack Campbell, and new nominees Nathan Lavertu and Ashley O'Neill. Shareholders experiencing postal delays are advised to contact the company for voting assistance before the proxy cut-off of 10:00 a.m. PT on December 8, 2025.
Mexican Gold (OTCQB: MEXGF) announced it has acquired 100% of the Tatatila Project in Veracruz, Mexico, covering 3,824.3585 hectares adjacent to its Las Minas project.
As consideration the company issued 4,451,361 common shares at a deemed $0.05 each (aggregate deemed value $222,568), representing 14.99% of issued and outstanding shares. A 1.5% NSR royalty was granted, with a buy-back option to repurchase 0.5% of the NSR for US$500,000 within 10 years. Consideration shares have a statutory hold until March 13, 2026 and a Lock Up releasing 25% on Nov 12, 2026 and every six months thereafter over 2.5 years. Transaction is subject to final TSXV acceptance.
Mexican Gold Mining Corp. (OTCQB: MEXGF) has entered into a definitive agreement to acquire the Tatatila Project in Veracruz State, Mexico. The acquisition encompasses 3,824.3585 hectares of mineral titles surrounding the company's existing Las Minas Project.
As consideration, Mexican Gold will issue 4,451,361 common shares at $0.05 per share (total value: $222,568), representing 14.99% of the company's outstanding shares. Additionally, the company will grant a 1.5% net smelter returns royalty to Chesapeake Mexico, with an option to buy back 0.5% for US$500,000 within 10 years.
The issued shares will be subject to a four-month statutory hold period and a phased Lock Up period, with 25% released every six months over 2.5 years. The transaction requires TSX Venture Exchange approval.
Mexican Gold Mining Corp (TSXV: MEX, OTCQB: MEXGF) has completed a non-brokered private placement, raising CAD $160,000 through the issuance of 4,000,000 units at $0.04 per unit. Each unit includes one common share and one transferable warrant, convertible into an additional share at $0.06 within three years.
The proceeds allocation includes:
- 16% for claim fee payments
- 14% for annual OTCQB listing fees
- Remaining funds for Las Minas project operations, outstanding invoices, and working capital
The securities have a four-month hold period ending June 25, 2025. No finder's fees were paid. The offering utilized TSXV's Minimum Price Exception, with restrictions on using proceeds for non-arm's length parties and investor relations activities.