Pacifica Silver arranges $10-million private placement

Executive Summary

• Pacifica Silver Corp. has entered into an agreement for a brokered private placement offering of up to $10 million in gross proceeds.
• The financing is led by Raymond James Ltd. as sole bookrunner and involves the issuance of 6.9 million common shares at $1.45 per share.
• Proceeds are designated for exploration and drilling at the Claudia project in Mexico, as well as working capital and general corporate purposes.

Key Details

• Transaction Structure: Brokered private placement offering.
• Lead Agent: Raymond James Ltd., acting as sole bookrunner and lead agent on behalf of a syndicate of agents.
• Share Price: $1.45 per common share.
• Base Offering Size: 6.9 million common shares.
• Gross Proceeds: Up to $10,005,000.
• Over-allotment Option: The agents have an option, exercisable at their sole discretion up to 48 hours prior to closing, to purchase up to an additional 1,035,000 common shares (15% of the base offering) at the same price of $1.45 per share.
• Use of Proceeds: Advancing exploration and drilling activity at the Claudia project (Durango, Mexico), working capital, and general corporate purposes.
• Regulatory Basis: Issued pursuant to the listed issuer financing exemption under National Instrument 45-106 and Coordinated Blanket Order 45-935; sold to eligible purchasers in Canada (except Quebec) and qualifying jurisdictions including the U.S.
• Resale Restrictions: Common shares are not subject to resale restrictions under applicable Canadian securities laws.
• Expected Closing Date: On or about January 23, 2026.
• Conditions Precedent: Subject to closing conditions including receipt of necessary approvals, specifically the conditional listing approval of the Canadian Securities Exchange (CSE) and applicable securities regulatory authorities.

Notable Quotes

• No direct quotes from management were included in the provided text.