202637 releases
Honey Badger Silver to Attend 2026 New Orleans Investment Conference and Precious Metals Summit Zurich
Honey Badger Silver (TSX-V: TUF) announced that members of its management team will attend the 2026 New Orleans Investment Conference, October 28–31, 2026 in New Orleans, Louisiana, and the 2026 Precious Metals Summit Zurich, November 9–11, 2026 in Zurich, Switzerland. The Company is set to present at the Zurich summit on November 10, 2026 at 4:30pm CET in Room 2.
CorporateHoney Badger Silver Samples up To 279 G/t Silver, 5.82% Copper, & 0.83 G/t Gold and Identifies Multiple New Mineralized Occurrences at Its YAVA Project, NUNAVUT
Grab samples from the first exploration program at the 100%-owned Yava polymetallic VMS project in Nunavut returned up to 279 g/t silver, 5.82% copper, 0.83 g/t gold, 0.60% zinc and 0.32% lead at the historic Main Zone. The five-day August 2026 prospecting program collected 146 rock samples and identified new mineralized occurrences at the R-12, M-9, M-10 and South Zone electromagnetic targets across the 5,218-hectare property. Results are being integrated with historic data to plan follow-up work, including potential drilling.
Drill resultsHONEY BADGER SILVER ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FORTHE PC SILVER MINE; SEES SIGNIFICANT SILVER PLUS CRITICAL MINERALS PRODUCTION
A preliminary economic assessment for the 100%-owned PC Silver Mine (Prairie Creek) in the Northwest Territories outlines a 22-year underground operation mining ~2,400 tpd, with LOM average annual payable production of about 2.5 million ounces silver, 117 million pounds zinc, 95 million pounds lead and 1.3 million pounds copper (7.9 million ounces AgEq), and 10.7 million ounces AgEq annually over the first seven years. At long-term consensus prices the PEA shows after-tax NPV8% of $1.2 billion, 29% IRR and $667 million pre-production capital; spot pricing gives after-tax NPV8% of $1.8 billion and 38% IRR.
Study resultsHONEY BADGER SILVER TO SHOWCASE THE PC SILVER MINE PRELIMINARY ECONOMIC ASSESSMENT RESULTS AT LEADING U.S. INVESTOR CONFERENCES
Participation in two U.S. investor conferences is scheduled for September 2026: the Commodities Global Expo in Tempe, Arizona, September 18–20, where Executive Chairman and Interim CEO Chad Williams will join the Silver Panel on September 20 from 8:35 a.m. to 9:15 a.m., and the Precious Metals Summit at Beaver Creek Resort, Colorado, September 22–25, with a company presentation on September 23 at 1:45 p.m. in Room 2. The Company is preparing to report results of its ongoing Preliminary Economic Assessment for the PC Silver Mine in the Northwest Territories.
CorporateHoney Badger Silver Engages Tusk Automation to Optimize Mill Restart at The PC Silver Mine, Northwest Territories
Tusk Automation Inc., a Kamloops, B.C.-based process plant optimization and system integration firm, has been engaged to evaluate opportunities to accelerate and reduce the cost of restarting the existing mill at Honey Badger Silver's 100%-owned PC Silver Mine in the Northwest Territories. On-site work is expected to be completed by the end of September, with a final report by the end of November; the results will not be available for the Preliminary Economic Assessment, whose results are expected in September 2026, but are intended for use in an upcoming feasibility study.
CorporateHONEY BADGER SILVER EXECUTES 2026 FIELD PROGRAM TARGETING MASSIVE PYRITE AND NEW CRITICAL MINERALS POTENTIAL AT NANISIVIK PROJECT, NUNAVUT
A 2026 field program at the 100%-owned Nanisivik Project on northern Baffin Island, Nunavut, managed by APEX Geoscience, collected massive pyrite and sphalerite-galena-pyrite samples from float and outcrop across multiple zones; assays for multi-element analysis, including germanium, are pending. Historical publications report a non-compliant estimate of 50 to 100 million tonnes of massive pyrite in the South Boundary and North Pyrite zones. The Company also corrected drill hole DH Y-74-01's gold grade to 0.54 g/t from 0.54%.
Drill resultsGermanium: The Critical Metal at the Centre of a Global Supply Chain Race
A company blog post on germanium markets notes research led by Professor Dan Gregory and PhD candidate Juan Bello Rodriguez at the University of Toronto, with support from the Northwest Territories Geological Survey, returned whole-rock assay values of up to 316 ppm germanium from the Stratabound Massive Sulfide zone at the PC Silver Mine, Northwest Territories. Historic Prairie Creek drilling was never assayed for germanium and no germanium resource is defined; re-sampling of historic drill core is ongoing.
NewsHONEY BADGER SILVER COMPLETES 2026 FIELD PROGRAM TARGETING HIGH-GRADE SILVER-POLYMETALLIC MINERALIZATION AT YAVA PROJECT, NUNAVUT
The first field exploration program at the 100%-owned Yava Project in Nunavut has been completed, consisting of geological mapping and systematic sampling of the Main Zone area, nearby historic occurrences and untested regional VTEM targets, led on the ground by APEX Geoscience. The 5,218-hectare property hosts a historical, non-NI 43-101 compliant resource estimate of 1.3 Mt grading 106.8 g/t silver, 1.03% copper, 4.96% zinc, 1.60% lead and 0.30 g/t gold. Samples have been sent to an accredited lab in Yellowknife for geochemical analysis, with results to be used to rank targets for potential future drilling.
Drill resultsHONEY BADGER SILVER ANNOUNCES PARTICIPATION IN THE CANADA INVESTMENT SUMMIT AND PROVIDES CORPORATE UPDATE
Honey Badger Silver has been invited to the inaugural Canada Investment Summit, hosted by the Government of Canada with CPP Investments and PSP Investments on September 14 and 15, 2026 in Toronto. The company expects an updated Mineral Resource Estimate and Preliminary Economic Assessment for its 100%-owned PC Silver Mine in the Northwest Territories in September 2026, and recently hosted a site visit there. The four-month hold period on the $11.5 million April 15, 2026 financing expired August 17, 2026.
CorporateHoney Badger Silver Highlights Significant Sulphur-Rich Pyrite Zone and Investigates Germanium Potential at Nanisivik
Massive pyrite mineralization at the 100%-owned Nanisivik Silver Project in Nunavut is being evaluated for sulphur potential, referencing a historical, non-compliant estimate of 50 to 100 million tonnes of massive pyrite in the South Boundary and North Pyrite Zones, which is not treated as a current mineral resource. The company has also begun investigating germanium potential, understood to be hosted in sphalerite within the Ag-Zn-Pb zones, and will follow up 2025 grab samples grading up to 249 g/t silver and 51.5% zinc at Area 14.
Drill resultsHoney Badger Silver to Attend 2026 Rule Symposium on Natural Resource Investing in Boca Raton, Florida
Management of Honey Badger Silver will attend the 2026 Rule Symposium on Natural Resource Investing, held July 6–10, 2026 in Boca Raton, Florida, to meet shareholders, prospective investors and industry participants. The Company recently acquired the PC Silver Mine in the Northwest Territories and has begun work on an updated NI 43-101 technical report and Preliminary Economic Assessment. It is also evaluating the project's potential germanium content alongside silver, zinc, lead and copper.
CorporateHoney Badger Silver to Attend 2026 Rule Symposium on Natural Resource Investing
Management will attend the 2026 Rule Symposium on Natural Resource Investing, held July 6–10, 2026 in Boca Raton, Florida, and will meet with shareholders, prospective investors and industry participants. The Company recently acquired the PC Silver Mine in the Northwest Territories and has begun work on an updated NI 43-101 technical report and Preliminary Economic Assessment, and is also evaluating the project's potential germanium content alongside silver, zinc, lead and copper.
CorporateHoney Badger Silver Appoints Tom Chep as Innovation Advisor
Tom Chep, P.Eng., has been appointed Innovation Advisor at Honey Badger Silver. Chep, founder of Arc Motor Company Inc. and a licensed electrical engineer, will evaluate technologies including drones, robotics, AI and energy generation/storage as the company works toward restarting the PC Silver Mine, focusing on electrification, energy infrastructure, automation, remote operations, and transportation and logistics solutions to reduce capital requirements and operating costs.
ManagementHoney Badger appoints Chep as innovation adviser
Tom Chep, P.Eng., has been appointed Innovation Advisor at Honey Badger Silver Inc. (TSX-V: TUF). Chep, founder of Arc Motor Company Inc. and an electrical engineer, will identify opportunities across electrification, energy infrastructure, automation, advanced mining technologies, remote operations, and transportation and logistics as the company restarts the PC Silver Mine. His mandate includes evaluating emerging technologies that could reduce capital requirements, lower operating costs and improve reliability.
ManagementSEDAR Interim MD & A
CorporateHoney Badger Silver initiates an updated economic study on its 100%-owned PC Silver Mine in NWT, Canada
JDS Energy & Mining Inc. has been appointed lead author of an updated Preliminary Economic Assessment and Mineral Resource Estimate for the 100%-owned Prairie Creek (PC) Silver Mine in the Northwest Territories, with completion expected in Q3 2026. The prior October 2021 estimate outlined 9.8 million tonnes measured and indicated grading 139 g/t Ag, 9.7% Zn and 8.8% Pb, plus 6.4 million tonnes inferred at 150 g/t Ag, 12.9% Zn and 6.7% Pb. Global Mineral Resource Services, Knight Piésold, Giffen Consulting and T Engineering will contribute.
Study resultsHoney Badger Silver launches three priority site activities at the 100%-owened PC Silver Mine in NWT, Canada
Three near-term priorities have been set out for the 100%-owned Prairie Creek (PC) Silver Mine in the Northwest Territories: work on site access infrastructure including the future all-season road, phased refurbishment of the existing mill and surface infrastructure, and underground/surface drilling for resource expansion and category upgrading, with existing core and outcrops to be sampled for germanium, tungsten and other strategic minerals. The company is also evaluating government funding, strategic partnerships, debt financing, non-silver royalties and concentrate marketing.
CorporateHoney Badger Silver Inc., to Present at the Precious Metals & Critical Minerals Hybrid Investor Conference on May 21st
Executive Chairman and CEO Chad Williams will present live at the Precious Metals & Critical Minerals Hybrid Investor Conference, hosted by VirtualInvestorConferences.com, on May 21, 2026 from 3:15 to 3:45 PM EST, with in-person one-on-one meetings available the same day. Investors can ask questions in real time, and an archived webcast will be available after the event. Honey Badger Silver's flagship asset is the fully permitted Prairie Creek silver-zinc-lead project in the Northwest Territories.
CorporateHoney Badger Silver Investor Sprott's Shareholdings Increase
Eric Sprott, through 2176423 Ontario Ltd., acquired 8,500,500 common shares of Honey Badger Silver on May 14, 2026 over the TSX Venture Exchange at an average price of 72 cents per share, for total consideration of $6,120,360, representing about 5.5 per cent of outstanding shares. He now holds 12,778,695 shares and 3,333,333 warrants, roughly 8.2 per cent non-diluted and 10.1 per cent partially diluted, triggering an early warning report. He also holds five million subscription receipts convertible by June 15, 2026.
CorporateHoney Badger Silver Announces Promising High-Grade Germanium Potential at Prairie Creek from Research Partnership
Early-stage whole-rock assays from research led by Professor Dan Gregory at the University of Toronto, with support from the Northwest Territories Geological Survey, returned values of up to 316 ppm germanium in the Stratabound Massive Sulfide zone at the Prairie Creek (PC) Silver Project in the Northwest Territories, a zone comprising about 10-15% of known total tonnage. Historic drilling was apparently never assayed for germanium; historic tungsten grades reached 0.40% WO3 over 27.8m in DDH PC-01-133. A re-sampling program of historic core is proposed for the upcoming field season under an NSERC Alliance Grant application.
Drill resultsHoney Badger Silver announces promising high-grade germanium potential at PC Silver Mine from research partnership
Early-stage whole-rock assays from research led by Professor Dan Gregory at the University of Toronto, with support from the Northwest Territories Geological Survey, returned germanium values of up to 316 ppm in the Stratabound Massive Sulfide zone at the Prairie Creek (PC) Silver Project in the Northwest Territories, a zone comprising roughly 10-15% of known tonnage. Historic drilling was never assayed for germanium; historic tungsten grades reached 0.40% WO3 over 27.8 m. The company plans a drill core re-sampling program this field season, jointly funded with NSERC under a proposed Alliance Grant on a two-to-one basis.
Drill resultsHoney Badger Silver Announces Grant of Stock Options
An aggregate of 5,335,000 stock options were granted on April 29, 2026 to certain directors, officers, employees and/or consultants of Honey Badger Silver. The options are exercisable at $0.45 per share and valid for five years from the grant date. Vesting follows the Company's stock option plan and is subject to the plan's terms and TSX Venture Exchange policies.
CorporateHoney Badger Silver closes transformative acquisition of the PC Silver Project in the Northwest Territories
The acquisition of all outstanding shares of Canadian Zinc Corporation, owner of the Prairie Creek (PC Silver) Project in the Northwest Territories, has closed, with Honey Badger Silver paying Resource Capital Fund VI L.P. C$10 million in cash on a debt-free basis plus 12,500,000 units, each comprising one common share and one warrant exercisable at C$0.24 for three years. Escrow conditions were satisfied for the 71,875,000 subscription receipts issued at $0.16 for $11,500,000 gross, which converted into units; the hold period expires August 16, 2026. Final TSX Venture Exchange approval remains outstanding.
AcquisitionHoney Badger Silver closes $11.5-million financing
A brokered private placement of 71,875,000 subscription receipts at C$0.16 each closed for gross proceeds of C$11.5 million, including full exercise of the agents' option. Each receipt converts into a unit of one common share and one warrant exercisable at C$0.24 for three years after the acquisition closes, subject to escrow release conditions being met by June 15, 2026. Proceeds will fund the cash portion of the purchase price for Canadian Zinc Corporation, owner of the Prairie Creek silver-zinc-lead project in the Northwest Territories, expected to close in Q2 2026. Insiders subscribed for 7,256,250 receipts for $1,161,000.
FinancingHoney badger silver announces closing of c$11.5 million financing
A brokered private placement of 71,875,000 subscription receipts at C$0.16 each closed for gross proceeds of C$11.5 million, including full exercise of the agents' option, with SCP Resource Finance LP as lead agent. Each receipt converts into a unit of one common share and one warrant exercisable at C$0.24 for three years after the acquisition closes. Proceeds will fund the cash portion of the purchase of Canadian Zinc Corporation, owner of the Prairie Creek Project in the Northwest Territories, expected to close in Q2 2026. Insiders bought 7,256,250 receipts for $1,161,000.
FinancingHONEY BADGER SILVER LISTED ON FRANKFURT STOCK EXCHANGE AND TRADEGATE EXCHANGE
Honey Badger Silver's common shares are now listed for trading on the Frankfurt Stock Exchange and Tradegate Exchange under the ticker symbol 1QA. The listing involves no cost, no issuance of new common shares and no dilution; the shares continue to trade on the TSX Venture Exchange as TUF and OTCQB as HBEIF. The Company also granted 1 million stock options to newly appointed Chief Operating Officer Ron Halas, exercisable at $0.22 per share.
CorporateHONEY BADGER SILVER ANNOUNCES FULL EXERCISE OF OVER-ALLOTMENT OPTION, WARRANT PRICING FOR $11.5 MILLION FINANCING
The agents' over-allotment option has been fully exercised on Honey Badger Silver's brokered private placement, raising gross proceeds of up to approximately C$11.5 million through up to 71,875,000 subscription receipts at C$0.16 each, with each unit including one warrant exercisable at C$0.24 for three years. Management, directors and advisors are expected to buy over 10% of the offering. Proceeds will fund the C$10 million cash portion of the Prairie Creek acquisition in the Northwest Territories, expected to close in Q2 2026; the offering closes on or about April 15, 2026.
FinancingHONEY BADGER SILVER TO ACQUIRE IMPORTANT HIGH-GRADE PERMITTED(1) CANADIAN SILVER PROJECT; LAUNCHES $10 MILLION FINANCING
Honey Badger Silver has entered a definitive agreement dated March 13, 2026 to acquire all shares of Canadian Zinc Corporation, owner of the permitted Prairie Creek silver-zinc-lead project in the Northwest Territories, from Resource Capital Fund VI L.P. for C$10 million cash plus C$2 million in shares and warrants, closing expected in Q2 2026 on a cash-free, debt-free basis. The project hosts historical estimates of 9.8 Mt Measured & Indicated at 139 g/t Ag, 9.7% Zn and 8.8% Pb, plus 6.4 Mt Inferred. A brokered private placement of up to 62,500,000 subscription receipts at C$0.16 for up to C$10 million will fund the purchase.
AcquisitionHONEY BADGER SILVER ANNOUNCES APPOINTMENT OF RON HALAS AS CHIEF OPERATING OFFICER
Ron Halas, P.Eng., has been appointed Chief Operating Officer of Honey Badger Silver, effective immediately. Halas is a mining engineer with more than 35 years of experience in mine development, construction, operations and technical leadership, including senior roles with Lumina Gold, Kinross Gold, IAMGOLD, Vale, Placer Dome and Inco. He will work on advancing the Company's portfolio of projects in Northern Canada.
ManagementHONEY BADGER ANNOUNCES RESULTS OF ANNUAL & SPECIAL MEETING OF SHAREHOLDERS
Shareholders of Honey Badger Silver approved all matters put to a vote at the Annual & Special Meeting held January 26, 2026, as described in the Management Information Circular dated December 22, 2025. Chad Williams, John H. Hill, George Topping, Koby Kushner, Paolo P. Cattelan and Michael Jalonen were elected as directors. The appointment of the auditor and the Company's stock option plan were also approved.
CorporateHONEY BADGER IDENTIFIES EXTENSIVE HIGH-GRADE ANTIMONY, COPPER, AND TUNGSTEN MINERALIZATION IN ADDITION TO KNOWN SILVER AND GOLD AT PLATA, YUKON
Antimony, copper and tungsten mineralization has been newly recognized at the 100%-owned Plata project in Yukon, alongside known silver, gold, lead and zinc. At the Ajo Zone, 62 of 144 rock samples returned over 0.1% Sb, 17 over 1.0% Sb and five above the 5.0% Sb overlimit; drill results include 1.5m at 1,790 g/t Ag, 0.32% Cu, 0.27% Sb and 7.45% Zn, and 1.5m at 1.32% WO3. A drill program is planned for this summer, the first in nearly 15 years.
Drill resultsHONEY BADGER ANNOUNCES CLOSING OF $2.25 MILLION NON-BROKERED PRIVATE PLACEMENT
A non-brokered private placement closed for gross proceeds of $2,249,999.64 through the issuance of 12,499,998 units at $0.18 per unit, each unit comprising one common share and one warrant exercisable at $0.23 for 36 months. Finders received $60,289.60 in fees and 334,946 warrants at $0.23; Eric Sprott participated pro-rata and insiders subscribed for 2,314,389 units for $416,590. Proceeds will advance the Company's silver projects and general working capital, subject to final TSXV approval. The Company also granted 2,000,000 options at $0.20 on January 9, 2026.
Financing
202530 releases
HONEY BADGER NON-BROKERED PRIVATE PLACEMENT UPSIZED TO C$2.25 MILLION ON STRONG DEMAND
A previously announced non-brokered private placement has been upsized from up to C$1.5 million to up to 12,500,000 units at C$0.18 per unit for gross proceeds of up to approximately C$2.25 million, with other terms unchanged. Proceeds are intended to advance Honey Badger's silver projects and for general working capital. Closing is scheduled on or about January 16, 2026, subject to TSX Venture Exchange approval; an insider intends to subscribe for about 2,777,778 units for roughly $500,000.
FinancingHONEY BADGER SILVER TO EARN PHYSICAL SILVER INCOME THROUGH MONETARY METALS’ INNOVATIVE SILVER BOND PROGRAM
A 10,000-ounce silver loan investment with Monetary Metals & Co. will earn Honey Badger Silver a 12% annual yield payable in physical silver, maturing August 8, 2027. The loan purchase was crystallized at a silver price of $52/oz. Honey Badger holds seven silver-focused properties in Northern Canada, including Plata and Clear Lake in Yukon, Sunrise Lake in the Northwest Territories, and landholdings in the Nanisivik mine area in Nunavut.
FinancingHONEY BADGER SILVER APPOINTS MICHAEL JALONEN TO BOARD OF DIRECTORS
Michael Jalonen, a long-time advisor to the company, has been appointed to Honey Badger Silver's Board of Directors. Jalonen brings 34 years of capital markets experience, including 33 years with Bank of America Securities (1989-2022) as a precious metals mining analyst covering twenty gold and silver producers and five royalty and streaming companies. He holds an Honors B.Sc. in Geology from University of Windsor, an MBA from McMaster University, and earned the CFA designation in 1992.
ManagementHONEY BADGER DISCOVERS IMPORTANT NEW SILVER-LEAD-ZINC TARGETS FROM GEOPHYSICAL WORK AND REPORTS GRAB SAMPLES UP TO 249 G/T SILVER AND 51.5% ZINC FROM AREA 14 AT NANISIVIK, NUNAVUT
A Loupe time-domain electromagnetic survey at the 100%-owned Nanisivik project in Nunavut identified conductors beneath unmined mineralization at the Area 14 and Oceanview targets, plus several untested conductors adjacent to known massive sulphide zones. Of 21 grab samples collected at Area 14, mostly from large angular boulders, results ran up to 249 g/t silver and 51.5% zinc, over a conductive body outlined by the survey. The survey covered 16.7 line-kilometres at Oceanview and 11.4 line-kilometres at Area 14; drilling is planned for 2026.
Drill resultsHONEY BADGER IDENTIFIES TWO NEW ZONES: INFERNO AND PIMENTO CONTAINING SILVER, GOLD, LEAD, AND ZINC AT PLATA, YUKON
Two new silver-gold-lead-zinc zones, Inferno and Pimento, were identified from 2025 soil sampling and prospecting at the 100%-owned Plata Project in the Yukon, a program of 1,027 soil samples and 115 rock samples completed in late September. Inferno returned a 2.3 km x 1 km antimony anomaly with a 1100 m x 400 m gold-in-soil anomaly grading up to 74 ppb Au. Pimento, ~2.3 km northwest of the Ajo zone, returned rock samples up to 0.15 g/t gold, 44.3 g/t silver, 0.14% lead and 0.39% zinc. Follow-up fieldwork and expected drilling are planned for 2026.
Drill resultsHONEY BADGER SILVER ANNOUNCES MANAGEMENT AND BOARD CHANGES
Dorian L. (Dusty) Nicol has resigned from Honey Badger Silver's board effective immediately to pursue an alternative employment position that precludes him from serving on other boards; he will continue supporting the company as a consultant. Andrew Jedemann has been appointed Vice President, Exploration, and Ben Kuzmich will serve as Qualified Person. Both are geologists with exploration experience in northwestern Ontario and hold MSc degrees from Lakehead University.
ManagementHONEY BADGER SILVER AND MONETARY METALS FORM STRATEGIC PARTNERSHIP TO GENERATE SILVER YIELD HONEY BADGER TO EARN PHYSICAL SILVER INCOME THROUGH MONETARY METALS’ INNOVATIVE SILVER LEASE AND BOND PROGRAMS
A strategic partnership has been formed with Monetary Metals & Co. under which Honey Badger will deploy silver earned from its future royalty and streaming portfolio into Monetary Metals' silver lease and bond programs to earn additional yield paid in physical silver. The arrangement follows the November 2024 creation of Honey Badger's 100%-owned subsidiary, Honey Badger Silver Royalty Inc. Honey Badger holds projects in Yukon, the Northwest Territories and Nunavut.
NewsHONEY BADGER SILVER ANNOUNCES CLOSING OF NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT FINANCING.
A non-brokered private placement of flow-through common shares closed for gross proceeds of $1,500,000 through the issuance of 4,838,710 flow-through shares at $0.31 per share. Proceeds will fund Canadian exploration expenses and flow-through critical mineral mining expenditures incurred on or before December 31, 2026, renounced to subscribers effective no later than December 31, 2025. Finder's fees of $90,000 were paid and 290,322 finder warrants issued, exercisable at $0.35 for 18 months. The shares carry a four-month and one day hold period, and the offering remains subject to final TSX Venture Exchange approval.
FinancingHONEY BADGER UNLOCKING VALUE ON THE GROUND AT NANISIVIK
Orientation Loupe electromagnetic surveys have been completed on two of three high-priority targets at the 100%-owned Nanisivik Project in Nunavut, with initial assessments indicating discrete conductors representing sulphides. Reconnaissance prospecting identified a new sub-cropping zone of massive sphalerite-galena mineralization at Area 14, mapped so far over about 300 metres by 30 metres, with its full extent not yet delineated and assays pending. The three priority targets are Deb, Ocean View North and Area 14, each hosting historic zinc and silver intercepts.
NewsHONEY BADGER UNCOVERS MORE SIGNIFICANT GEOLOGIC POTENTIAL AT PLATA PROJECT, YUKON
Additional sheeted vein zones were identified at the 100%-owned Plata project in east-central Yukon, increasing the area prospective for reduced intrusion-related gold mineralization to about 4 x 5 km within newly staked claims, with interpreted Mayo Suite felsic intrusions mapped over 2.3 x 0.67 km. Near the past-producing Aho silver zone, an 810 x 230 m area of quartz veining and sulfide mineralization was mapped, plus quartz veining over a magnetic low at South Plata. Assays for 102 rock and 568 soil samples are pending, with drilling targeted before year-end.
Drill resultsHONEY BADGER DISCOVERS PROMISING “SHEETED VEINS” AT SURFACE IN MULTIPLE ZONES OVER 18 KM AT PLATA, YUKON
Sheeted quartz veins have been mapped at surface in three locations spanning roughly 18 km at the 100%-owned Plata project in east-central Yukon, from the property's southern end to its northwestern end. At Morgan Ridge, veins range from 1 cm to 5 cm wide with an average density of three parallel veins per metre, with the most concentrated system extending 1,200 metres along slope and 500 metres vertically, open to the south. As of July 28, 369 soil and 66 rock samples were collected; assays are pending.
Drill resultsHONEY BADGER SILVER ANNOUNCES CLOSING OF UPSIZED NON-BROKERED PRIVATE PLACEMENT FINANCING
An upsized non-brokered private placement closed for gross proceeds of $630,205.92 through 5,729,145 units at $0.11 per unit, each unit comprising one common share and half a warrant exercisable at $0.15 for 18 months. With $1.986 million from the first tranche and $465,000 from the second tranche of the June 17, 2025 offering, total gross proceeds reach approximately $3.081 million. Finders received $10,500 cash and 95,455 warrants at C$0.15 until January 23, 2027. Proceeds will fund property programs, silver royalty purchases and general and administrative purposes.
FinancingHONEY BADGER SILVER ANNOUNCES CLOSING OF SECOND TRANCHE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT AND AN INCREMENTAL FINANCING
The second tranche of the previously announced non-brokered private placement closed, raising gross proceeds of $465,000 through 4,650,000 units at $0.10 per unit, each with a half warrant exercisable at $0.15 until January 16, 2027; cash finder's fees of $13,300 and 133,000 finder's warrants were paid. An incremental non-brokered placement of up to 5,327,273 units at $0.11 for up to $586,000 is expected to close on or about July 23, 2025. The company also granted 4,000,000 options at $0.12, expiring five years from July 16, 2025.
FinancingHONEY BADGER SILVER ANNOUNCES CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT RAISING GROSS PROCEEDS OF APPROXIMATELY $2.013 MILLION
The first tranche of a non-brokered private placement closed for gross proceeds of approximately $2.013 million, comprising 9,860,000 non-flow-through units at $0.10 and 4,930,000 flow-through shares at $0.13. Each unit includes half a warrant exercisable at $0.15 until January 3, 2027. Eric Sprott invested $500,000 in NFT Units; finder's fees of $9,345 cash and 93,450 warrants were paid. Flow-through proceeds will fund exploration in Yukon, Northwest Territories and Nunavut; final TSXV approval is pending.
FinancingHONEY BADGER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
A non-brokered private placement of up to 3,600,000 flow-through shares at $0.14 for gross proceeds of approximately $500,000, plus up to 15,000,000 non-flow-through units at $0.10 for up to $1.5 million, was launched by Honey Badger Silver. Each unit includes a half warrant exercisable at $0.15 for 18 months. Flow-through proceeds will fund exploration in the Yukon, Northwest Territories and Nunavut; unit proceeds will fund property programs, silver royalty purchases and general expenses. Eric Sprott is expected to subscribe for $500,000 and Executive Chairman Chad Williams for $300,000. Closing is expected on or about June 30, 2025.
FinancingHONEY BADGER ANNOUNCES SUMMER PLANS TO EXPLORE EXCITING NEW SILVER AND GOLD TARGETS AT PLATA
Exploration work at the Plata project in east-central Yukon will begin on or about June 17, 2025, testing three targets: the Northwest Target, the potential eastern extension of the high-grade Aho Zone, and a magnetic low anomaly on claims staked in 2024. Work will include geologic mapping, prospecting and geochemical sampling. The Company has been awarded a Yukon Minerals Exploration Program grant of up to $50,000, reimbursing up to 50% of incurred exploration costs.
Drill resultsHONEY BADGER APPOINTS NEW CFO AND CORPORATE SECRETARY
Rob Suttie has been appointed Chief Financial Officer of Honey Badger Silver, effective June 5, 2025, and Monique Hutchins has been appointed Corporate Secretary. Suttie is President of Marrelli Support Services and serves as CFO or director for a number of TSXV and CSE-listed companies. The appointments follow the departures of Dan O'Brien and Ben Meyer.
ManagementHONEY BADGER’S 100% OWNED CLEAR LAKESILVER/ZINC DEPOSIT SHOWING PROMISE
A review of geological, geochemical and geophysical data at the 100%-owned Clear Lake Project in Yukon's Whitehorse Mining District has delineated three drill-ready targets: a VTEM anomaly interpreted as a possible massive sulphide body at about 150 m depth, a second EM anomaly on strike with Clear Lake mineralization next to a zinc-rich gossan, and a coincident gravity and EM anomaly suggesting a flat-lying body at about 300 m. Clear Lake hosts a 2010 SRK historic inferred resource of 7.76 Mt grading 22 g/t silver, 7.6% zinc and 1.08% lead. The property holds a Class 3 Land Use Approval valid until 2029 permitting up to 31,500 m of diamond drilling.
NewsHONEY BADGER’S WORK OUTLINES NEW HIGH-GRADE AND “ROGUE-LIKE” TARGETS AT THE PLATA PROJECT
Target prioritization work at the 100%-owned Plata project in east-central Yukon, adjacent to Snowline Gold's Rogue project, has identified new targets: a potential eastern extension of the high-grade Aho zone, possible unrecognized mineralization along the Plata and newly named Rogue thrust faults, and potential reduced intrusion related gold system mineralization on 1,338 hectares staked in 2024 over a magnetic low. The Aho Zone has been traced over 800 metres strike and to 580 metres depth, with drilling returning 711 g/t silver, 4.57 g/t gold, 7.24% lead and 6.17% zinc over 1.52 m. Plata previously produced about 290,000 oz Ag. Reconnaissance mapping and sampling are planned.
Drill resultsHONEY BADGER SILVER APPOINTS WILLIAMS EXECUTIVE CHAIRMAN AND INTERIM CEO
Dorian L. (Dusty) Nicol has stepped down as CEO of Honey Badger Silver effective April 14, 2025, remaining a Director and retained as an advisor on technical matters. Chairman Chad Williams becomes Executive Chairman and Interim CEO. Williams is founder and Chairman of Red Cloud Mining Capital, Inc., a co-founder of Agilith Capital Inc. and Westwind Capital Inc., and former CEO of Victoria Gold Corp. The Company holds 100% of seven silver mineral assets in Canada.
ManagementHONEY BADGER SILVER INDENTIFIES UNMINED SILVER MINERALIZATION AT NANISIVIK
A review of historical exploration data at the 100%-owned Nanisivik project on Baffin Island, Nunavut has identified three priority targets — Deb, Ocean View North and Area 14 — with significant silver-zinc intersections outside mined areas. Historical holes include 5.3m of 97.6 g/t Ag and 22.79% Zn at Ocean View North, 2.3m of 280.0 g/t Ag and 27.43% Zn at Area 14, and 0.6m of 290 g/t Ag and 43.0% Zn at Deb. The Nanisivik land package now totals 14 claims covering 13,373.2 hectares, and the company will commission a desk study on the over 100 million tonnes of massive pyrite as a potential sulphuric acid source.
Drill resultsHONEY BADGER SHAREHOLDERS APPROVE ALL RESOLUTIONS AT ANNUAL GENERAL AND SPECIAL MEETING
Shareholders approved all resolutions at the Annual General and Special Meeting held February 14, 2025, including a new fixed equity incentive plan reserving up to 7,529,890 common shares (10% of shares outstanding at the record date) for RSUs, PSUs and DSUs. Disinterested shareholders also approved Chad Williams, Non-Executive Chairman and Director, as a Control Person; he holds 20,373,599 common shares, or 27.1% undiluted. Following approval, 2,907,692 escrowed private placement Units at $0.13 were released to Williams and proceeds released to the Company.
CorporateHONEY BADGER SILVER DEFINES NEW HIGH PRIORITY EXPLORATION TARGETS AT ITS YAVA PROJECT, NUNAVUT
Six high priority exploration targets have been defined at the Yava Project in Nunavut, comprising two high priority conductors (R-6 and R-9) plus 11 lower priority conductors on the Raptor claim block, and four high priority conductors (M-1, M-2, M-3 and M-6) plus 10 lower priority conductors on the main Yava claim and lease block; none have been drill-tested. Conductor M-3, 1.25 km northwest of the Yava Main Zone, has a 500 m strike length, with a 2007 grab sample returning 1.2 ppm gold, 4,960 ppm silver, 3.5% lead and 1.5% zinc. A field program is planned.
Drill resultsHONEY BADGER SILVER APPOINTS KOBY KUSHNER AS DIRECTOR
Koby Kushner, P.Eng., CFA, has been appointed to the board of Honey Badger Silver, effective January 14, 2025. Kushner is co-founder and CEO of private lithium explorer Libra Lithium, previously worked as a mining engineer at Ontario and Manitoba mines including Hemlo, Detour and Rice Lake, and covered over 100 companies as an equity research analyst at Red Cloud Securities. Brian Briggs resigned from the board effective the same date to pursue other business interests.
Management
202423 releases
HONEY BADGER SILVER ANNOUNCES CLOSING OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
The first tranche of a previously announced non-brokered private placement closed for aggregate proceeds of $715,500, through 4,657,692 non-flow-through units at $0.13 each and 687,500 flow-through shares at $0.16 each. Each unit includes one warrant exercisable at $0.18 for 36 months; cash finder's fees of $7,250 and 51,875 finder's warrants were paid. Chairman and director Chad Williams subscribed for 2,307,692 units. Flow-through proceeds will fund work on properties in Yukon, Northwest Territories and Nunavut.
FinancingHONEY BADGER CREATES 100% OWNED SILVER ROYALTY BUSINESS VERTICAL
A new subsidiary, Honey Badger Silver Royalty Inc. (HBSR), has been incorporated, and the Company will grant it a 2% net smelter return royalty on silver production from its current mineral project portfolio. Honey Badger shareholders will own 100% of HBSR through their Honey Badger shares. The royalty covers seven wholly owned Canadian projects: Clear Lake, Plata, Groundhog and Hy in the Yukon, Sunrise Lake in the Northwest Territories, and Yava Lake and Nanisivik in Nunavut.
NewsHONEY BADGER ANNOUNCES CHANGE OF TRANSFER AGENT
Computershare Investor Services Inc. has replaced TSX Trust Company as registrar and transfer agent of Honey Badger Silver, effective November 15, 2024. Shareholders need not take any action in respect of the change, and all inquiries regarding shareholder records, share transfers, lost certificates or address changes should be directed to Computershare's Vancouver, British Columbia office.
CorporateHONEY BADGER SILVER TRIPLES YAVA SILVER PROJECT PROPERTY POSITION
Additional claims have been staked at the 100%-owned Yava silver project in Nunavut, increasing the land position from 1,280 hectares to 4,395 hectares. The property now consists of one 1,280-hectare mining lease plus three mining claims in two blocks totaling 3,115 hectares, covering untested magnetic and electromagnetic anomalies and silver occurrences along strike from the Yava deposit. Yava, purchased from Blue Moon Metals Inc. as announced October 2, 2024, lies 45 km from Glencore's Hackett River project.
NewsHONEY BADGER SILVER GROWS NANISIVIK PROJECT
Ten new mineral claims totalling 7,650.4 hectares have been staked at the 100%-owned Nanisivik project on Baffin Island, Nunavut, expanding the land package to 14 claims covering 13,373.2 hectares from the original 4 claims totalling 5,722.8 hectares. The new claims cover geophysical anomalies identified in a historic data review, including the Chris Creek target 19 km southeast of Nanisivik and the Adams Sound and Adams River areas about 40 km and 55 km southeast. Next steps are data compilation and initial field reconnaissance.
NewsHONEY BADGER SILVER BUYS YAVA DEPOSIT, CONTINUES TO BUILD SILVER INVENTORY
The Yava project in Nunavut has been purchased from Blue Moon Metals for 4,250,000 Honey Badger common shares valued at CAD$0.08 per share, approximately 6.5% of issued and outstanding shares, with no cash, spending requirements or future payments. The shares are subject to a hold period ending February 2, 2025, and Blue Moon has agreed not to resell for 12 months following closing. Yava consists of one 1,304-hectare mining lease about 450 km northeast of Yellowknife, with a historic estimate of 1.3 million tons grading 4.96% zinc, 1.03% copper, 1.60% lead, 3.42 oz/t silver and 0.008 oz/t gold.
AcquisitionHONEY BADGER IDENTIFIES MULTIPLE PROMISING SILVER ZONES AT NANISIVIK
A review by APEX Geoscience of a recently acquired historical drilling and assay database at the 100%-owned Nanisivik project in Nunavut identified silver-bearing mineralization in several unmined areas, including Area 14 at 27.43% Zn, 11.97% Pb and 280.0 g/t Ag over 2.3 m core length from 20.1 m, Oceanview North at 22.79% Zn, 12.42% Pb and 97.6 g/t Ag over 5.3 m from 15.5 m, and Deb at 6.9% Zn and 185.3 g/t Ag over 1.3 m from 112.0 m. Two service providers will settle CAD$102,618.00 in invoices through 1,026,180 shares at CAD$0.10.
Drill resultsHONEY BADGER SILVER DEPLOYS A.I. GEOPHYSICAL TOOL AT FLAGSHIP PLATA PROJECT, TARGETING “SNOWLINE STYLE” MINERALIZATION
ExploreTech has been engaged to analyze geophysical data at the Plata Project in Yukon, using proprietary xFlare technology to define the possible shape, size and location of a buried intrusion interpreted from a magnetic low. Honey Badger interprets Plata as a "Snowline-style" reduced intrusive system adjacent to Snowline Gold's Rogue Project. Results are expected before summer field work begins in July, which will focus on mapping and sampling intrusive-hosted veins found in 2023 to identify drill targets.
Drill resultsHONEY BADGER SILVER COMMENTS ON PRESS COVERAGE RESPECTING FORMER CEO
In response to press coverage concerning Red Pine Exploration Inc. and Quentin Yarie, Honey Badger Silver confirmed Yarie was formerly its CEO and was replaced in a management team change in July 2020. The Company stated its entire current silver property portfolio was acquired under the direction of current management and the board well after Yarie's departure, and that he has had no involvement with any of those properties. The Company had no other comment on the coverage.
NewsCHAD WILLIAMS ACQUIRES SHARES OF HONEY BADGER SILVER INC
Chad Williams has purchased 4,431,000 common shares of Honey Badger Silver at $0.06 per share for investment purposes. His holdings increase from 12,065,924 shares (approximately 19.50%) to 16,496,924 shares, or approximately 26.66% of the issued and outstanding common shares, rising to 35.73% if his 3,510,167 warrants and 2,100,158 stock options were exercised. An early warning report will be available on SEDAR+ under the Company's profile.
AcquisitionHONEY BADGER SILVER SECURES IMPORTANT NANISIVIK GEOLOGIC DATA BASE
The historic drill database for the 100%-owned Nanisivik Project in Nunavut has been acquired at no cost, containing results from decades of drilling that the company estimates would cost well over $40 million to replicate today. The data is being examined to identify potential mineralization economic at current metals prices, with a stated target of an eventual resource of up to 100 million ounces of silver at 30-50 grams per ton silver. The Nanisivik Mine produced over 20 million ounces of silver between 1976 and 2002.
NewsHONEY BADGER SILVER APPOINTS TOPPING TO BOARD, JALONEN AND KIBSEY AS ADVISORS AND GRANTS STOCK OPTIONS
George Topping has been appointed a director of Honey Badger Silver, effective April 24, 2024, and Stephen Kibsey and Michael Jalonen have been appointed as advisors to the Company. The board also approved the grant of 3,595,000 incentive stock options to directors, officers, employees and consultants, vesting immediately and exercisable for up to five years at an exercise price of $0.075 under the Company's shareholder approved stock option plan.
ManagementHONEY BADGER SILVER CLOSES NON-BROKERED PRIVATE PLACEMENT
A non-brokered private placement closed for aggregate gross proceeds of $1,204,200, comprising 16,749,000 non-flow-through units at $0.05 each ($837,450) and 5,642,307 flow-through shares at $0.065 each ($366,750). Each unit includes a half warrant exercisable at $0.065 for 18 months; finder's fees of C$7,130 and 97,000 finder warrants were paid, with a hold period expiring August 11, 2024. Chairman Chad Williams subscribed for 3,687,000 units and 3,076,923 flow-through shares. Flow-through funds will support exploration in Yukon, Northwest Territories and Nunavut.
FinancingHONEY BADGER SILVER PROVIDES UPDATE ON NON-BROKERED PRIVATE PLACEMENT
A non-brokered private placement is expected to close for aggregate gross proceeds of $1,204,200, comprising 16,749,000 non-flow-through units at $0.05 (for $837,450) and 5,642,307 flow-through shares at $0.065 (for $366,750), with each unit including a half-warrant exercisable at $0.065 for 18 months. Non-Executive Chairman Chad Williams will subscribe for 4,187,000 units and 3,076,923 flow-through shares, taking him to 20.31% non-diluted; his participation will close in two tranches, with the April 10, 2024 closing plus a second tranche of 2,371,923 flow-through shares after disinterested shareholder and TSXV approval of his becoming a control person.
FinancingHONEY BADGER SILVER UPSIZES NON-BROKERED PRIVATE PLACEMENT
An additional up to 3,076,923 flow-through shares will be issued at $0.065 per share for extra gross proceeds of up to $200,000, upsizing the non-brokered private placement announced March 20, 2024. The additional proceeds will fund exploration programs on one or more of Honey Badger Silver's properties in the Yukon, Northwest Territories and Nunavut qualifying as Canadian Exploration Expenses. Securities carry a four-month and a day hold period, finder's fees are payable, and the offering requires TSX Venture Exchange approval.
FinancingHONEY BADGER SILVER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
A non-brokered private placement of up to $1,000,000 was launched, comprising non-flow-through units at $0.05 per unit and flow-through shares at $0.065 per share. Each NFT Unit includes one common share and one-half warrant exercisable at $0.065 for 18 months. Flow-through proceeds will fund exploration in the Yukon, Northwest Territories and Nunavut; NFT proceeds will fund exploration and general and administrative purposes. Non-Executive Chairman Chad Williams intends to subscribe for a significant portion. Finder's fees are payable.
FinancingHONEY BADGER WEBINAR: IS PLATA A TWIN TO ROGUE?
A live webinar will be held on Wednesday, March 13 at 1:30PM EST to discuss similarities between Honey Badger Silver's wholly owned Plata Project and the adjacent Rogue Project held by Snowline Gold. The company now interprets Plata as related to the same Reduced Intrusion Related Gold Deposit style of mineralization as the Valley discovery at Rogue, with silver mineralization at Plata seen as the periphery of a RIRGS system and geophysics suggesting a buried intrusive. Plata is located 165 km east of Yukon's Keno Hill.
CorporateHONEY BADGER STRATEGICALLY ADDS TO LAND POSITION AT PLATA, YUKON; IMPORTANTLY IDENTIFIES NEW “RIRGS” (ROGUE) TYPE TARGET
69 claims covering 1,430 hectares adjacent to the wholly owned Plata Project in Yukon have been acquired, covering a geophysical magnetic low interpreted as a possible buried intrusion. The claims were staked by ECEE Money Ltd., a private company controlled by former director W. Douglas Eaton, and transferred to Honey Badger at no cost, subject to a 2% net smelter royalty on future commercial gold production only. Mapping and compilation work interpret Plata as a reduced intrusion related gold system, similar to Snowline Gold's adjacent Rogue Project.
NewsHONEY BADGER SILVER ANNOUNCES DIRECTOR RESIGNATION
W. Douglas (Doug) Eaton has resigned from the Board of Directors of Honey Badger Silver, effective February 27, 2024, to pursue other business interests. The company said it is in advanced discussions with several potential replacements and expects to announce an appointment shortly. Honey Badger's projects include Sunrise Lake in the Northwest Territories, the Plata silver project in Yukon and land holdings at the Nanisivik Mine Area in Nunavut.
ManagementHONEY BADGER APPOINTS NICOL AS DIRECTOR
Dorian L. (Dusty) Nicol was appointed CEO and a Director of Honey Badger Silver effective February 9, 2024, having served as interim CEO since July 31, 2023. The Company has also retained Independent Trading Group (ITG) Inc., subject to regulatory approval, to provide market-making services from January 18, 2024, replacing Venture Liquidity Providers Inc. ITG will be paid $5,000 per month, renewing monthly, with no shares or options as compensation.
ManagementNUNAVUT MINING LAW TO BENEFIT NANISIVIK PROJECT, BAFFIN ISLAND
As of January 18, 2024, the Canadian government passed revisions to mining laws transferring control of mineral reserves in Nunavut to the territory's legislative assembly, which will set economic terms for companies operating there; Honey Badger Silver says this benefits its wholly owned Nanisivik Project on Baffin Island, where it targets an eventual resource of up to 100 million ounces of silver at 30-50 g/t. The company also amended its 10% rolling stock option plan to comply with TSX Venture Exchange policy, subject to final Exchange acceptance.
Corporate
202315 releases
Honey Badger Silver Substantially Adds to Silver Projects Inventory with Sunrise Lake Acquisition
A Purchase Agreement signed October 16, 2023 with SSR Mining gives Honey Badger 100% of the Sunrise Lake Silver Project in the Northwest Territories, 130 km northeast of Yellowknife, for zero cash consideration, with SSR retaining a 4% NSR, half of which can be bought for US$10 million before construction starts. Sunrise Lake holds a historic resource of about 12.8 million ounces silver Indicated and 13.9 million ounces Inferred. The Cachinal, Chile acquisition will not proceed and the Romios agreement has been terminated.
AcquisitionHoney Badger Silver Plans Exploration Work At Nanisivik Project, Nunavut
A team has been mobilized for initial mapping and sampling of an outcropping massive sulphide target at the wholly owned Nanisivik Project near Arctic Bay, Nunavut, where the Company staked claims totaling 5,723 hectares over the Nanisivik Mine area in 2022. Previous exploration identified massive sulphide bodies, principally pyrite, totaling about 100 million tons, a historic estimate the Company is not treating as a current mineral resource. The Board also approved options on up to 549,000 shares at $0.09 for five years.
Drill resultsHoney Badger Silver Completes Exploration Program At Plata Silver Project
Fieldwork at the wholly owned Plata Silver Project in eastern Yukon, adjacent to Snowline Gold's Rogue Project, has been completed, comprising prospecting, geological mapping and geochemical sampling by a crew contracted from Archer Cathro & Associates (1981) Limited. A total of 308 soil and 56 rock chip samples were collected and are being assayed, with results to be released once received and interpreted. Multiple new zones of mineralization were observed, comprising sulphides and iron oxides with silicification and quartz-veining. Crews have mobilized to the Groundhog and Clear Lake projects.
Drill resultsHoney Badger Silver Inc. Provides Update on Potential Acquisition of the Cachinal Silver Deposit in Chile
The proposed acquisition of a 100% interest in the Cachinal De La Sierra Silver-Gold Project in Chile from Aftermath Silver Ltd. has not closed on the originally anticipated timeline, though the parties continue to work toward completion. A definitive agreement for the transaction was announced on February 15, 2023. The transaction is a fundamental acquisition under TSX Venture Exchange policies and remains subject to conditions including TSXV approval, with no assurance it will be completed.
AcquisitionHoney Badger Silver Appoints Nicol As Interim CEO
Dorian L. (Dusty) Nicol has been appointed interim Chief Executive Officer of Honey Badger Silver, replacing George Davis. Nicol had been serving as the Company's Chief Operating Officer. Non-Executive Chairman Chad Williams has voluntarily agreed to defer 100% of his cash compensation indefinitely until the silver market improves. Honey Badger holds land in southeast and south-central Yukon, including the Plata property, and Ontario's Thunder Bay Silver District.
ManagementHoney Badger Silver Closes Final Tranche of 1.25 Million Hard Dollar & Flow-Through Non-Brokered Private Placement
Honey Badger Silver closed the second and final tranche of its non-brokered private placement, selling 1,447,000 HD Units at $0.15 for $217,050 and 365,000 FT Units at $0.16 for $58,400. Combined with the April 11, 2023 first tranche, total sales were 6,703,668 HD Units for $1,005,550 and 1,599,375 FT Units for $255,900. Hard dollar proceeds will fund closing obligations and exploration at the Cachinal project in Chile plus working capital, while flow-through proceeds fund exploration in Yukon, Quebec and Nunavut. Finders received $39,921.01 and 51,940 warrants.
FinancingHoney Badger Silver Closes First Tranche of $1.25 Million Hard Dollar & Flow-Through Non-Brokered Private Placement
An initial tranche of a non-brokered private placement has closed, comprising 5,256,668 hard dollar units at $0.15 for $788,500 and 1,234,375 flow-through units at $0.16 for $197,500, each unit including a half warrant exercisable at $0.18 for 36 months. Hard dollar proceeds will fund closing obligations and exploration at the Cachinal project in Chile plus working capital, while flow-through funds target Yukon, Quebec and Nunavut properties. Chairman Chad Williams bought 3,333,334 HD Units for $500,000. A second tranche is expected before the end of April.
FinancingHoney Badger Silver Announces $1.25 Million Hard Dollar & Flow-Through Non-Brokered Private Placement
A non-brokered private placement for aggregate gross proceeds of $1,250,000 has been launched, comprising up to 6,700,000 hard dollar units at $0.15 for $1,000,000 and 1,570,000 flow-through units at $0.16 for $250,000, each unit including a half warrant exercisable at $0.18 for 36 months. Hard dollar proceeds will fund closing obligations and exploration at the Cachinal project in Chile; flow-through funds target Yukon, Quebec and Nunavut properties. Chairman Chad Williams intends to subscribe for 3,333,334 HD units for $500,000. Closing is expected on or before April 12, 2023.
FinancingHoney Badger Silver Updates Results from its 100% owned Groundhog Project, Yukon; Reports Assays Over 2,400 g/t Ag
Results from the 2022 exploration program at the 100%-owned Groundhog project in south-central Yukon, 50 km south of Ross River, included 2,410 g/t silver, 7.8% copper, 0.27% lead and 0.75% zinc over 0.3 m and 2,430 g/t silver, 0.71% copper, 21.3% lead and 6.3% zinc over 0.3 m at the Cirque Showing, plus grabs of 2,120 g/t silver with 78.6% lead at Foggy. The program collected 49 rock and 488 soil samples, identifying vein/breccia, replacement (manto) and stratiform mineralization.
Drill resultsHoney Badger Silver Announces New President and Chief Executive Officer
George Davis has been appointed President and Chief Executive Officer of Honey Badger Silver effective April 1, 2023, replacing Interim CEO Brian Briggs, who remains with the company as a Director. Davis has over 20 years of financial and leadership experience, began his career at PricewaterhouseCoopers LLP, and most recently developed financial policy, risk and reporting strategy at CPP Investments. He is a Chartered Professional Accountant (Ontario) and Chartered Financial Analyst with a Bachelor of Commerce from the University of Toronto.
ManagementHoney Badger Silver Executes Definitive Agreement for the Acquisition of the Cachinal Silver Deposit in Chile
A definitive agreement dated February 14, 2023 has been signed to acquire a 100% interest in the Cachinal De La Sierra Silver-Gold Project in Chile's Antofagasta region from Aftermath Silver Ltd. Consideration comprises 3,508,771 shares at a deemed $0.285 (C$1,000,000), C$652,000 cash at closing, and C$200,000 by May 31, 2023, C$400,000 by March 31, 2024 and C$400,000 by September 30, 2024, plus a 1% NSR (buy-back for C$8,500,000) and a C$0.50 per payable silver ounce production royalty capped at C$2,500,000. Closing requires TSXV approval.
AcquisitionHoney Badger Silver Announces Management Changes
Brian Briggs has been appointed Interim Chief Executive Officer of Honey Badger Silver, effective immediately, replacing outgoing President Edmond Thorose. Briggs, already a director of the company, is a professional engineer with over 35 years of industry experience. Dorian L. (Dusty) Nicol joins as Chief Operating Officer and Yvan Grégoire as Vice President of Business Development.
ManagementHoney Badger SilverAnnounces Share Consolidation Effective Date
Final TSX Venture Exchange approval has been received for a consolidation of Honey Badger Silver's common shares on the basis of one post-consolidation share for every 5.7 pre-consolidation shares, effective at the open of market on Friday, January 20, 2023. The consolidation was approved by shareholders at the annual general and special meeting held December 15, 2022. Shares outstanding will fall from 177,688,639 to approximately 31,173,445, subject to fractional share treatment, with a new CUSIP number 438340200 and continued trading under the symbol TUF.
CorporateHoney Badger Silver Update: Constructive Amendments to Terms for the Proposed Acquisition of the Cachinal Silver Deposit in Chile
Amended terms have been agreed with Aftermath Silver Ltd. for the proposed acquisition of a 100% interest in the Cachinal De La Sierra Silver-Gold Project in Chile's Antofagasta region, with the exclusivity period to finalize definitive documentation extended to February 15, 2023. At closing, Honey Badger expects to issue C$1,000,000 in shares at a deemed price of at least C$0.05 plus C$652,000 cash, followed by payments of C$200,000 by May 31, 2023, C$400,000 by March 31, 2024 and C$400,000 by September 2024, plus C$0.50 per payable silver ounce produced capped at C$2,500,000. Cachinal hosts 16.39 million ounces silver indicated and 2.48 million ounces inferred.
Acquisition
20228 releases
Honey Badger SilverAnnounces 2022 AGM Voting Results and Shareholder Approval
Shareholders approved all matters at the Annual General and Special Meeting held virtually on December 15, 2022, including the re-appointment of directors Chad Williams, Brian Briggs, Doug Eaton and John H. Hill, and the appointment of Jones & O'Connell LLP as auditors with directors authorized to fix their remuneration. The 10% rolling stock option plan was re-approved. Shareholders also approved an amendment to the Articles to consolidate issued and outstanding common shares on a 1-for-5.7 basis, subject to TSX-V approval.
CorporateHoney Badger Silver Announces Proposed Share Consolidation
A share consolidation on the basis of one new common share for every 5.7 old common shares has been proposed, subject to shareholder approval at the December 15, 2022 meeting and TSXV approval. The Company currently has 177,688,639 common shares issued and outstanding, which would fall to approximately 31,173,445 post-consolidation. The Company's name will remain unchanged.
CorporateHoney Badger Silver Announces Completion of Summer Work Program at its Groundhog Property in South-Central Yukon
A summer work program has been completed at the wholly-owned 4,200-hectare Groundhog property in south-central Yukon, comprising soil sampling and structural and lithological mapping of previously identified showings. A four-person crew collected 49 rock samples, including 11 chip samples, from seven showings, plus 488 soil samples across four grids in the western and south-western parts of the property; assay results are pending. The Company also received a maximum $22,800 grant under the Yukon Mineral Exploration Program toward the 2022 program.
NewsHoney Badger Silver on Track to Acquire 100% of Cachinal Silver-Gold Project in Chile
Due diligence is concluding on the proposed acquisition of a 100% interest in the Cachinal De La Sierra silver-gold project in Chile's Antofagasta Region II from Aftermath Silver Ltd., with a definitive agreement now being finalized. Closing is expected in September, subject to regulatory and TSX Venture Exchange approval. The parties have extended the non-binding term sheet and exclusivity end date to September 30, 2022 from August 15, 2022.
AcquisitionHoney Badger to Acquire 100% of the Cachinal Silver-Gold Project in Chile
A non-binding term sheet has been signed to acquire Aftermath Silver's 100% interest in the Cachinal De La Sierra silver-gold project in Chile's Antofagasta region, via purchase of all shares of Minera Cachinal S.A. Consideration is C$1,000,000 in Honey Badger shares at closing, cash payments of C$400,000 at closing, C$452,000 six months after closing, C$400,000 on May 21, 2023 and C$400,000 eighteen months after closing, a 1% NSR royalty buyable for C$8,500,000, and C$0.50 per payable silver ounce produced capped at C$2,000,000.
AcquisitionHoney Badger Receives 10-Year Exploration Permit for its Plata Silver Project, Yukon
A 10-year Class 3 Quartz Mining Land Use Approval has been granted by the Yukon Government for Honey Badger Silver's Plata Silver Property in east-central Yukon. The approval permits up to 300 diamond drill and 300 reverse circulation holes, each for a total length of 30,000 metres, plus trenching, bulk sampling and road construction. Plata hosts 32 showings and has produced silver from past small-scale mining.
CorporateHoney Badger Initiates Detailed Study on Plata Silver Project Driven by Recent High-Grade Results
Archer, Cathro & Associates (1981) Limited has been engaged to complete a 3D geological modeling study at the 100%-owned, 5,690 hectare Plata Silver Property in east-central Yukon, with results to be released in the coming weeks. The study will incorporate historical drilling, channel sampling, soil geochemistry and mapping data to prioritize targets for follow-up and drilling. The 2021 field program returned up to 16,887 g/t silver and 67.99% lead from a float sample at the P1 Zone, and 4,500 g/t silver, 26 g/t gold and 24.13% lead over 0.85 metres at the Aho Zone.
Study resultsHoney Badger Acquires Clear Lake Deposit in Yukon Territory With Historical Resource of 5.5 Million Ounces of Silver
A 100% interest in the Clear Lake deposit in the Whitehorse Mining District, Yukon, has been acquired for $250,000 in cash, subject to a 1% net smelter return royalty on all metals other than silver. The SEDEX deposit hosts a historical 2010 SRK inferred resource of 7.76 Mt at 22 g/t silver, 7.6% zinc and 1.08% lead, containing 5.5 million ounces of silver, 1.3 billion pounds of zinc and 185 million pounds of lead, which the Company is not treating as current. The 2,500-hectare, 121-claim property holds a Class 3 Land Use Approval valid until 2029.
Acquisition