Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

Investing

Pinnacle Arranges Non-Brokered Private Placement

by admin July 15, 2025
July 15, 2025
Pinnacle Arranges Non-Brokered Private Placement

 

(TheNewswire)

 

  

   
 

  

  The net proceeds raised from the Offering will be used to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital.  

 

  Mr. Michael Kott, Pinnacle’s largest shareholder, and an insider of the Company, has indicated his intention to subscribe for 2,400,000 units, or 12% of the financing.  Other Insiders of the company will also be participating in the offering.  The participation of the insiders in the offering will constitute a related-party transaction for the purposes of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions).  The Company is exempt from the requirements to obtain a formal evaluation or minority shareholder approval in connection with the insider participation in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the securities issued, nor the fair market value of the consideration for the securities issued will exceed 25 per cent of the company’s market capitalization as calculated in accordance with MI 61-101.  

 

  ‘We sincerely appreciate Michael’s continued support in this financing,’ stated Robert Archer, Pinnacle’s President & CEO.  ‘He shares our vision of building a new Americas-focused silver and gold company and advancing El Potrero is a significant step on that journey.’  

 

  All securities to be issued will be subject to a four-month hold period from the date of issuance and subject to TSX Venture Exchange approval.  The securities offered have not been registered under the   United States Securities Act of 1933   , as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.  

 

      About Pinnacle Silver and Gold Corp.  

 

  Pinnacle   is   focused   on   district-scale   exploration   for   precious   metals   in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production   .   In the prolific   Red   Lake   District   of   northwestern   Ontario, the Company owns a 100%   interest in the   past-producing,   high-   grade   Argosy   Gold   Mine and the adjacent North Birch   Project   with an eight-kilometre-long target horizon   .   With   a   seasoned,   highly   successful   management   team   and   quality   projects,   Pinnacle   Silver   and   Gold   is committed   to   building   long   -term   ,   sustainable   value   for   shareholders.  

 

  Signed: ‘Robert A. Archer’  

 

  President & CEO  

 

    For further information contact   :  

 

  Email:     info@pinnaclesilverandgold.com    

 

  Tel.:  +1 (877) 271-5886 ext. 110  

 

    Website:     www.pinnaclesilverandgold.com    

 

  Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release   .  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

previous post
AI Market Update: Q2 2025 in Review
next post
Stallion Uranium Announces the Completion of Coyote Project 3D Gravity Inversion

Related Posts

Christopher Aaron: Key Ratio Now in Gold’s Favor,...

April 8, 2025

Rio Silver completes Definitive Agreement for the sale...

May 2, 2025

Crypto Market Recap: Coinbase to Join S&P 500,...

May 16, 2025

Convertible Note Financing of up to A$2.0 Million

March 27, 2025

Top 5 Small-cap Pharma Stocks in 2025

April 9, 2025

Saskatchewan Shines in Mining Survey, Finland Takes Global...

August 1, 2025

Tech 5: OpenAI Restructures, Apple Pursues AI Search,...

May 11, 2025

Barrick Backs Hercules in Leviathan-Linked Copper Expansion

July 29, 2025

Virka Project Sampling Returns High-Grade Mineralisation

February 25, 2025

Drilling Commences – Webbs Silver Project

August 28, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • The Real Drivers of This Market: AI, Semis & Robotics

      October 7, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      October 7, 2025
    • Trump Administration Eyes Stake in Greenland Rare Earths Miner

      October 7, 2025
    • AFDG – Embracing US strategy, acquisition of Butembo copper deposit in the DRC. Copper added to draft list of US strategic minerals

      October 7, 2025
    • American AI Expert to Partner with HUI in Gulf States

      October 7, 2025
    • Allied Critical Metals Announces $10 Million Strategic Non-Brokered Private Placement

      October 7, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved