Pacifica Silver closes second tranche of financing

Executive Summary

• Pacifica Silver Corp. has closed the second tranche of its previously announced non-brokered private placement, raising $450,000 by issuing 900,000 units at $0.50 per unit.
• This tranche brings the total capital raised to $10 million, completing the previously announced financing program.
• Proceeds are designated for exploration and drilling at the Claudia project in Mexico and for general working capital.

Key Details

• Transaction Structure: Non-brokered private placement.
• Second Tranche Details:
  • Units Issued: 900,000 units.
  • Price: $0.50 per unit.
  • Aggregate Proceeds: $450,000.
• Total Financing: The company has now raised a total of $10 million across two tranches (referencing releases from Aug. 7, 2025, and Aug. 21, 2025).
• Warrant Terms: Each unit includes one common share and one-half of one common share purchase warrant.
  • Exercise Price: $0.80 per share.
  • Term: 36 months from the closing of the offering.
• Resale Restrictions: Units are subject to a four-month-and-one-day hold period under Canadian securities laws.
• Use of Proceeds: Upcoming exploration and drill work at the Claudia project (Durango, Mexico) and general working capital.
• Fees: No finders' fees were paid.

Notable Quotes

• None provided in the text.