Silverco Mining (TSXV:SICO, OTCQB:SICOF) filed its unaudited Q1 2026 interim financial statements and MD&A for the quarter ended March 31, 2026.
Key items include a $62.5 million financing, $56.2 million cash, $5.4 million net loss, a robust Cusi PEA, and closing the Nuevo Silver acquisition, making Silverco a producer.
Silverco Mining (OTCQB:SICOF, TSXV:SICO) filed a National Instrument 43-101 Technical Report for its Cusi Project Preliminary Economic Assessment in Chihuahua, Mexico. The report, effective March 31, 2026, is now available on SEDAR+ and on the company’s website.
Silverco Mining (OTCQB:SICOF) completed its acquisition of Nuevo Silver, issuing 16,802,283 common shares to former Nuevo shareholders. Nuevo, owner of the producing La Negra Mine in Querétaro, Mexico, becomes a wholly owned subsidiary.
Silverco plans to boost throughput, drill 15,000–20,000 metres in 2026, and target a new resource estimate and mine plan in H2 2026, supporting its goal of becoming a 10 million ounce silver-equivalent producer within three years.
Silverco Mining (OTCQB: SICOF / TSXV: SICO) entered a definitive share exchange to acquire Nuevo Silver, making Nuevo a wholly owned subsidiary and adding the producing La Negra Mine in Querétaro, Mexico.
The deal issues 16,802,316 Silverco shares, assumes ~US$11.0M of Nuevo debt and potential obligations of US$12.5M (milestones) plus US$5.0M (contingent).
Post-close ownership is expected ~31% Nuevo shareholders / 69% existing Silverco holders. The TSXV has conditionally accepted the Transaction; final acceptance and customary closing conditions remain.
Silverco Mining (OTCQB: SICOF) announced that its audited consolidated financial statements and Management's Discussion and Analysis for the year ended December 31, 2025 are available on SEDAR+ at www.sedarplus.ca. The filing provides the company’s full 2025 audited financial disclosure and MD&A for investor review.
Silverco Mining (OTCQB: SICOF) released a PEA for restarting the 100%‑owned Cusi Mine in Chihuahua, Mexico, targeting processing restart in late 2026 and full ramp by mid‑2027. Key economics: after‑tax NPV(5%) $104.1M, IRR 94.8%, payback 0.9 years at $44.58/oz silver.
The plan assumes initial capital $19.2M, average annual production ~2.47 Moz AgEq (2028–2033), life‑of‑mine AISC $26.75/AgEq oz, and an initial ~9‑year mine life with significant sensitivity to silver price.
Silverco Mining (OTCQB: SICOF) announced three senior appointments on March 23, 2026: George Paspalas as Advisor, Tara Hassan as Executive Vice President, Corporate Development, and Victoria Avila as Senior Vice President, Corporate Affairs and Finance.
The company granted 55,000 stock options (exercise price CA$9.02, five-year term) and 285,000 RSUs (three-year term). All grants vest per the stated schedule and remain subject to TSX Venture Exchange approval.
Silverco Mining (TSXV:SICO; OTCQB:SICOF) announced that its common shares began trading on the OTCQB under the symbol SICOF, effective March 18, 2026. The company will continue trading on the TSX Venture Exchange under SICO.
The listing is expected to increase visibility among U.S. investors, improve trading accessibility, and enhance overall liquidity, supporting Silverco's stated aim to expand its investor base.