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New on the board: seven listings in October, and how much of each float is locked up

Colt Silver, FeralX, Lunex and Juno arrive on the TSX Venture, Algo8 on the CSE, TruSilver later this month. Two names graduated to the TSX.

Markets Desk

October 16, 2026 at 1:20 p.m. EDT · 2 min read

In this story
Silver. Stock photo, not a Colt Silver or TruSilver project.
Silver. Stock photo, not a Colt Silver or TruSilver project. Photo: Magnific.
CompanyVenue, dateShares outLocked upRaised
Elton Resources (DBAY)TSXV, Oct 6not statednot statednot stated
Algo8 AI (AIOS)CSE, about Oct 13not statedabout 66.06% restrictednot stated
Colt Silver (COLT)TSXV, Oct 1950,355,4218,257,466 in escrow (16.4%)not stated
FeralX Systems (FRLX)TSXV, Oct 19not stated28,142,818 in escrowC$5,418,702 at C$0.60
Lunex Metals (LUNX)TSXV, about Oct 1937,360,742not statedover C$3.7M
Juno Industries (JUNO)TSXV, about Oct 22not stated9,782,976 in escrowC$12,000,000
TruSilver Metals (TAG)TSXV, Oct 2742,544,67818,323,327 in value escrowC$2,830,090

Notes from the releases

  • Colt Silver, spun out of Palamina, releases escrow 10% on listing and 15% every six months.
  • FeralX sold 9,031,170 units at C$0.60 with half a warrant at C$1.00. Its headline says FeralX Systems; its body says FRLX Systems.
  • Juno Industries lists with nine promotion and market making agreements disclosed in its closing release, including C$400,000 over six months to Milestone Capital Partners in Dubai.
  • TruSilver says drilling is now "expected to begin in early November 2026"; its October 9 release said October.
  • Algo8 AI says founders, management and advisers cannot trade for 12 months, with releases through 36 months.
  • Elton Resources granted 12,720,378 ten year options at C$0.20 on day one.
  • Lunex holds about 10,000 hectares in Argentina's Deseado Massif.

Moving up, moving over

Heliostar Metals began trading on the TSX on October 7 and Blackrock Silver announced its graduation on October 15. St. James Gold moved from the TSX Venture to the CSE on October 13.

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Why it matters

Escrowed and restricted shares do not trade at first, so early prices are set on a thin float. The release dates of each escrow tranche are dates to watch.

Sources: releases from Elton, Algo8, Colt Silver, FeralX, Lunex, Juno, TruSilver, Heliostar, Blackrock and St. James Gold.

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