Mako Mining (MAKOF) buys Mt. Hamilton project and wins Nasdaq listing
Rhea-AI Filing Summary
Mako Mining Corp. has completed the acquisition of 100% of Mt. Hamilton LLC, owner of the Mt. Hamilton gold project in Nevada, for a purchase price of US$40 million structured as a gold stream with Sailfish Royalty. For the first 60 months, Sailfish will buy about 341.7 troy ounces of gold per month at 20% of the London Bullion Market Association PM Fix price, with a floor of US$2,700 per ounce and a cap of US$3,700. For the following 72 months, Sailfish will buy about 100 troy ounces per month at 20% of the reference price. Mako’s obligations are secured by first-ranking security interests over assets tied to Mt. Hamilton. The deal is a related party transaction under MI 61-101, but Mako relied on exemptions because its fair market value was below 25% of Mako’s market capitalization. Separately, Mako received approval to list its common shares on the Nasdaq Capital Market, with trading expected to begin on March 30, 2026 under the symbol “MAKO,” while its TSX Venture listing under “MKO” will continue and OTCQX quotation will cease.
Positive
- Mt. Hamilton acquisition adds a fully permitted U.S. gold project, expanding Mako’s asset base with a defined US$40 million gold stream structure that secures long-term access to Nevada production.
- Nasdaq Capital Market listing approval is expected to increase visibility and potential trading liquidity, complementing the existing TSX Venture listing and replacing the prior OTCQX quotation.
Negative
- None.
Insights
Mako adds a U.S. gold project and secures a Nasdaq listing, using a gold stream to fund the deal.
Mako Mining has acquired the Mt. Hamilton project in Nevada for US$40 million via a gold streaming arrangement with Sailfish Royalty. The structure commits Mako to deliver fixed monthly gold volumes over 11 years at 20% of the London PM Fix, with price floors and caps shaping long-term cash flows.
The transaction is between related parties controlled by Wexford Capital and falls under MI 61-101, but exemptions were used because the fair market value is below 25% of Mako’s market capitalization. This reduces regulatory friction but places more weight on board and special committee oversight quality.
Approval to list on the Nasdaq Capital Market, with trading expected from March 30, 2026, may broaden Mako’s U.S. investor base and improve liquidity. Actual benefits will depend on subsequent trading volumes and how effectively Mako advances Mt. Hamilton alongside its existing mines and the Eagle Mountain project.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-43201
Mako Mining Corp.
(Translation of registrant's name into English)
Suite 700-838 West Hastings Street
Vancouver, British Columbia,
Canada V6C 0A6
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
DOCUMENTS TO BE FILED AS PART OF THIS FORM 6-K
| 99.1 | Press Release dated March 24, 2026 |
| 99.2 | Press Release dated March 26, 2026 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, there unto duly authorized.
| Mako Mining Corp. (Registrant) |
|
| Date: March 27, 2026 | /s/ Akiba Leisman Akiba Leisman Chief Executive Officer |
 |
Suite 700 - 838 West Hastings St. Vancouver, BC - V6C 0A6 IR: (647) 203-8793 www.makominingcorp.com TSXV: MKO | OTCQX: MAKOF |
March 24, 2026
TSX-V: MKO; OTCQX: MAKOF
Mako Mining Completes Acquisition of Mt. Hamilton in Nevada
Mako Mining Corp. ("Mako") (TSXV: MKO; OTCQX: MAKOF) is pleased to announce that, further to obtaining the approval of the shareholders of Mako on March 3, 2026, Mako has completed the acquisition (the "Acquisition") of 100% of the legal registered membership interests of Mt. Hamilton LLC, the owner of the Mt. Hamilton project in Nevada, USA (the "Mt. Hamilton Project"), from Sailfish Royalty Corp. ("Sailfish).
The Acquisition was completed pursuant to the terms of the amended and restated purchase and sale agreement dated February 14, 2026 Sailfish (the "A&R Purchase Agreement"), among Mako, Mako US Corp., and the amended and restated gold purchase agreement dated February 14, 2026 (the "A&R Gold Purchase Agreement") between Mako and Sailfish (collectively, the "Transaction Agreements").
Pursuant to the terms of the A&R Gold Purchase Agreement, Mako will satisfy the US$40 million purchase price for the Acquisition through the grant to Sailfish of the following steam as consideration:
• during the initial 60 months of the stream, Sailfish will purchase from Mako approximately 341.7 troy ounces of gold per month at a price equal to 20% of the London Bullion Market Association PM Fix price, subject to a floor of US$2,700 per ounce and a cap of US$3,700 per ounce; and
• during the final 72 months of the stream, Sailfish will purchase from Mako approximately 100 troy ounces of gold per month at a price equal to 20% of the London Bullion Market Association PM Fix price.
Mako's obligations under the A&R Gold Purchase Agreement will be secured in favour of Sailfish by first-ranking security interests over all current and future assets of Mako and certain of its subsidiaries that hold a direct or indirect interest in the Mt. Hamilton Project.
Please refer to Mako news release dated February 18, 2026, as well as the management information circular dated December 23, 2025 (the "Circular"), as supplemented by the circular supplement dated February 14, 2026 (the "Supplement") for further details of the Acquisition and the Transaction Agreements. The Transaction Agreements, the Circular and the Supplement are each available for review under Mako's SEDAR+ profile at www.sedarplus.ca.
Related Party Transaction
As both Mako and Sailfish are controlled by Wexford Capital LP, or private investment funds controlled by Wexford, Sailfish is considered to be a related party of Mako, and each of Mako and Sailfish are considered to be related parties of Wexford. As a result, the Acquisition constituted a related party transaction within the meaning of Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Pursuant to Section 5.5(a) and 5.7(1) of MI 61-101, Mako was exempt from securities law requirements to obtain a formal valuation and minority approval of its shareholders for the related party transaction under the requirements of MI 61-101 on the basis that the fair market value of the transaction is below 25% of Mako's market capitalization, as determined in accordance with MI 61-101.
|
Suite 700 - 838 West Hastings St. Vancouver, BC - V6C 0A6 IR: (647) 203-8793 www.makominingcorp.com TSXV: MKO | OTCQX: MAKOF |
Advisors and Counsel
Stifel Canada is acted as financial advisor to the special committee of Mako and was paid a C$100,000 financial advisory fee. Cassels Brock & Blackwell LLP acted as Canadian legal counsel and Spencer Fane LLP acted as United States legal counsel.
About Mako
Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally and offers district-scale exploration potential. Mako also owns the Moss Mine in Arizona, an open pit gold mine in northwestern Arizona. Mako also holds a 100% interest in the PEA-stage Eagle Mountain Project in Guyana, South America. Eagle Mountain is the subject of engineering, environmental and mine permitting activity.
For further information about Mako, please contact Akiba Leisman, Chief Executive Officer, at (917) 558-5289 or aleisman@makominingcorp.com, or visit our website at www.makominingcorp.com and our profile on SEDAR+ at www.sedarplus.ca.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information: Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, the continued listing the TSX Venture Exchange, the timing for trading on NASDAQ and the effectiveness of the Form 40-F Registration Statement. Forward-looking statements or information often can be identified by the use of words such as "estimate", "project", "believe", "anticipate", "intend", "expect", "plan," "may," or "should" and the variations or comparable terminology of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, and the gold mining, development and exploration industry generally. The foregoing list of assumptions is not exhaustive.
|
Suite 700 - 838 West Hastings St. Vancouver, BC - V6C 0A6 IR: (647) 203-8793 www.makominingcorp.com TSXV: MKO | OTCQX: MAKOF |
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include, without limitation, risks relating to: the Nasdaq listing not being completed; the SEC not declaring the Form 40-F effective, the availability of financing for the Company; business and economic conditions in the gold mining, development and exploration industry generally; the speculative nature of the Company's research and development programs; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws; and other risks and uncertainties as disclosed in the Company's public disclosure filings on EDGAR at sec.gov/edgar and SEDAR+ at www.sedarplus.ca. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information or forward-looking statements, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 |
Suite 700 - 838 West Hastings St. Vancouver, BC - V6C 0A6 IR: (647) 203-8793 www.makominingcorp.com TSXV: MKO | OTCQX: MAKOF |
March 26, 2026
TSX-V: MKO; OTCQX: MAKOF
Mako Mining Receives Approval to List on NASDAQ
Mako Mining Corp. (TSX-V: MKO; OTCQX: MAKOF) ("Mako" or the "Company") is pleased to announce it has received approval to list its common shares (the "Shares") on The Nasdaq Capital Market LLC ("NASDAQ"). Trading is expected to commence on NASDAQ at the open of trading on March 30, 2026, under the symbol "MAKO". Concurrently with the listing, the Shares will cease to be quoted on the OTCQX® Best Market but will continue to trade on the TSX Venture Exchange under the existing symbol "MKO".
Akiba Leisman, CEO of Mako states, "Joining the NASDAQ marks a significant milestone for Mako. The listing will both elevate our profile in the United States and provide greater visibility and exposure to a broader institutional and retail investor base. We expect additional increases in our trading liquidity, which enhances the Company's ability to be index eligible, and provides for a stronger currency when looking at additional acquisition opportunities."
Existing shareholders will be able to trade the Shares on NASDAQ following completion of the listing. The Company's listing on NASDAQ remains subject to the declaration of effectiveness of the Company's Form 40-F Registration Statement registering the Shares with the United States Securities and Exchange Commission (the "SEC").
About Mako
Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally and offers district-scale exploration potential. Mako also owns two assets in the US: the Moss Mine in Arizona, an open pit gold mine in northwestern Arizona and the Mt. Hamilton Project, a fully permitted heap leach project in Nevada. Mako also holds a 100% interest in the PEA-stage Eagle Mountain Project in Guyana, South America. Eagle Mountain is the subject of engineering, environmental and mine permitting activity.
For further information about Mako, please contact Akiba Leisman, Chief Executive Officer, at (917) 558-5289 or aleisman@makominingcorp.com, or visit our website at www.makominingcorp.com and our profile on SEDAR+ at www.sedarplus.ca.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information: Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, the continued listing the TSX Venture Exchange, the timing for trading on NASDAQ and the effectiveness of the Form 40-F Registration Statement. Forward-looking statements or information often can be identified by the use of words such as "estimate", "project", "believe", "anticipate", "intend", "expect", "plan," "may," or "should" and the variations or comparable terminology of these words are intended to identify forward-looking statements and information.
|
Suite 700 - 838 West Hastings St. Vancouver, BC - V6C 0A6 IR: (647) 203-8793 www.makominingcorp.com TSXV: MKO | OTCQX: MAKOF |
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, and the gold mining, development and exploration industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include, without limitation, risks relating to: the Nasdaq listing not being completed; the SEC not declaring the Form 40-F effective, the expectation that trading liquidity will increase; the enhancement of the Company's ability to be index eligible; the provision of a stronger currency when looking at additional acquisition opportunities; the availability of financing for the Company; business and economic conditions in the gold mining, development and exploration industry generally; the speculative nature of the Company's research and development programs; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws; and other risks and uncertainties as disclosed in the Company's public disclosure filings on EDGAR at sec.gov/edgar and SEDAR+ at www.sedarplus.ca. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information or forward-looking statements, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FAQ
What major transaction did Mako Mining (MAKOF) complete in March 2026?
How is the US$40 million Mt. Hamilton purchase price structured for Mako Mining (MAKOF)?
What new stock exchange listing has Mako Mining (MAKOF) secured?
How are Mako Mining’s obligations under the gold stream for Mt. Hamilton secured?
What are Mako Mining’s main producing and development assets after the Mt. Hamilton acquisition?
Filing Exhibits & Attachments
2 documentsPress Releases
