Mako Mining Receives Approval to List on NASDAQ
Mako Mining secures NASDAQ listing approval following strategic Nevada acquisition and debt elimination.
The most recent news (March 26, 2026) announces that Mako Mining has received approval to list its common shares on the NASDAQ Capital Market under the symbol "MAKO," with trading expected to commence on March 30, 2026. This follows the finalization of the Mt. Hamilton acquisition in Nevada (March 24, 2026), which was restructured to eliminate a 2% NSR royalty in favor of a gold stream to preserve flexibility for a potential tungsten critical minerals play. Historically, the company has successfully transitioned from a single-asset producer in Nicaragua to a multi-jurisdictional operator, acquiring the Moss Mine (Arizona) and Eagle Mountain (Guyana), while achieving record Q4 2025 revenues of US$50M and eliminating all debt.
The NASDAQ listing is a Material - Positive milestone. While it does not change the underlying geology of the assets, it significantly improves the company's "currency" for future M&A and provides access to a vastly larger pool of institutional capital and retail liquidity in the U.S. This is particularly relevant given the company's recent pivot toward U.S. assets (Moss Mine and Mt. Hamilton). The timing is strategic, coinciding with the company reaching a debt-free status and record production levels. The restructuring of the Mt. Hamilton deal to protect the tungsten asset suggests management is positioning the company to benefit from U.S. critical mineral initiatives (Project Vault), which could lead to non-dilutive government funding or strategic partnerships.
Mako Mining is a gold producer focused on high-margin operations in the Americas. - Flagship Project: San Albino (Nicaragua). It is a high-grade open-pit mine (M&I grade ~10.64 g/t Au) that has been the primary engine for the company's cash flow. - Secondary Assets: Moss Mine (Arizona), a heap leach producer; Mt. Hamilton (Nevada), a permitted development project with gold/silver and tungsten potential; and Eagle Mountain (Guyana), a development-stage project with a ~1.2Moz Indicated resource.