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Gold explorer climbs on project stake acquisition

Canadian small cap and micro cap market movers on Wednesday, January 28, 2026. Today, we have identified small, Canada-listed stocks making big price and volume moves on company news. 

Goldsky Resources Corp (TSXV: GSKR) shares jumped 15% to $4.12 on Wednesday after the Canada-based gold exploration company announced that it has agreed to acquire the remaining 55% interest in the Barsele Gold Project in Sweden from Agnico Eagle Mines Ltd.  

Agnico Eagle will receive US$20 million in cash plus 75,509,577 Goldsky Resources common shares. Goldsky will also grant Agnico Sweden a 2% net smelter return (NSR) royalty on Barsele. Following completion of the transaction, Agnico will own about 32.5% of Goldsky’s common shares.   

As well, shares of Highlander Silver Corp (TSX: HSLV) rose 9% to $7.89 as the gold and silver project developer said it has received a US$40 million strategic investment from Eric Sprott through a non-brokered private placement priced at C$6.80 per share.  

The company added that it should have about US$100 million in cash following the closing of the transaction.  

Benz Mining Corp (TSXV: BZ), meanwhile, reported results from the Icon trend within the Glenburgh Gold Project in Western Australia, which included 13 metres at 29.0 grams per tonne (g/t) gold. Benz Mining stock popped 23% to $2.65 following the announcement.  

And, Silver Elephant Mining Corp (TSX: ELEF) shares added 8% at $0.36 after the Bolivia- focused mineral exploration company announced that it has received a favourable arbitration award in its dispute with Andean Precious Metals Corp.

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