Mako Mining Corp. entered into a non-binding letter of intent with Sailfish Royalty Corp., a related party controlled by Wexford Capital LP, to establish a long-term gold stream transaction. Under the proposed terms, Mako will deliver refined gold over 240 months, starting with 650 troy ounces per month until August 1, 2028, increasing to 1,000 ounces monthly by February 2037. In exchange, Sailfish will issue 70,000,000 common shares valued at $5.76 each based on a five-day VWAP, granting Mako approximately 49% ownership of Sailfish. The transaction aims to lower capital costs and potentially facilitate the return of US$112 million in cash to shareholders or fund accretive acquisitions. Completion is subject to definitive agreements, board approvals, shareholder votes, and regulatory clearances including TSXV approval. Mako Mining Corp. operates gold mining, development, and exploration projects in Nicaragua, the United States, and Guyana.

Mako Mining Corp. signed a mineral agreement with the Government of Guyana and the Guyana Geology and Mines Commission for its Eagle Mountain Gold Project. The agreement provides a stability framework covering legal, fiscal, and operating conditions for ten years, securing mining licenses and consistent royalty terms. Mako also committed to annual funding for community development and environmental initiatives starting within 24 months of the mining license grant or 12 months from production start. This milestone de-risks the project by establishing clear regulatory parameters ahead of final permitting decisions expected in late 2026. Mako Mining Corp. is a gold mining, development, and exploration company operating assets in Nicaragua, the US, and Guyana.

Mako Mining Corp. reported financial results for the second quarter ended June 30, 2026, recording record revenue of $62.6 million and net income of $13.9 million, or $0.16 per share. The company generated $31.7 million in Adjusted EBITDA and sold 14,610 ounces of gold at an average realized price of $4,201 per ounce. Operating metrics included a cash cost of $1,996 per ounce and All-In Sustaining Costs (AISC) of $2,286 per ounce. The company holds approximately $112 million in cash and securities, which management states is sufficient to fund remaining development projects without external capital. CEO Akiba Leisman indicated plans to unveil strategies for lowering the cost of capital, potentially including substantial shareholder capital returns. Mako Mining Corp. operates high-grade gold mines in Nicaragua and the United States while holding exploration assets in Guyana.

Mako Mining Corp. reported unaudited financial results for the three and six months ended June 30, 2026. Revenue increased to $131.2 million from $70.5 million in the prior year period, driven by higher gold prices and resumed operations at the Moss Mine. Net income rose to $37.0 million compared to $18.2 million previously. The company completed the acquisition of the Mt. Hamilton Project in Nevada on March 24, 2026, for a total consideration valued at approximately $43.6 million, funded through gold stream commitments with Sailfish Royalty Corp. Additionally, Mako announced mineral reserves and project economics for its Moss Mine in Arizona effective June 30, 2026, outlining a 15-year life of mine with an estimated after-tax net present value of $254 million. The company operates in the gold mining industry.

Mako Mining Corp. reported record Q2 2026 gold sales of 14,610 oz Au and revenues of approximately US$63 million. The company's cash, securities, and trade receivables totaled US$112 million as of June 30, 2026. Mako also finalized the acquisition of the Eureka mineral concession in Nicaragua, expanding its land package to 254 km2. Mako Mining Corp. is a gold mining, development, and exploration company.