Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Financings

Pacifica Silver Announces $10 Million Brokered Financing

PSIL · Price

Executive Summary

  • Pacifica Silver Corp. announced a brokered private placement of up to 6,900,000 common shares at $1.45 per share, targeting gross proceeds of up to $10,005,000.
  • The net proceeds will be used to fund exploration and drilling at the Claudia Project in Durango, Mexico, as well as for working capital and general corporate purposes.
  • An over‑allotment option allows the agents to purchase an additional 1,035,000 shares (15% of the offering) up to 48 hours before the anticipated closing on January 23, 2026.

Key Details

  • Offering Size: Up to 6,900,000 common shares
  • Price per Share: $1.45 CAD
  • Maximum Gross Proceeds: $10,005,000 CAD
  • Lead Agent/Bookrunner: Raymond James Ltd., acting for a syndicate of agents
  • Over‑Allotment Option: Up to 1,035,000 additional shares (15% of the base offering), exercisable at the agents’ discretion up to 48 hours before closing
  • Closing Date: Expected on or about January 23, 2026, subject to customary closing conditions and regulatory approvals (CSE conditional listing approval, etc.)
  • Use of Proceeds:
  • Advance exploration and drilling activities at the Claudia Project (Durango, Mexico)
  • Working capital and general corporate purposes
  • Exemptions Utilized: Listed Issuer Financing Exemption (NI 45‑106) for Canadian provinces (excluding Québec) and U.S. securities law exemptions under Regulation S; shares will not be registered in the United States.
  • Resale Restrictions: None applicable under Canadian securities laws.

Notable Quotes

  • “The proceeds from this offering will accelerate our exploration program at Claudia, positioning Pacifica to capitalize on high‑grade silver and gold potential in Durango.” – Todd Anthony, Chief Executive Officer

All forward‑looking statements are subject to risks and uncertainties detailed in the company’s MD&A and other filings.

Read the original news release →

More from Pacifica Silver Corp.