Pacifica Silver Announces $10 Million Brokered Financing

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.