Mexican Gold Mining Corp. is pleased to announce it has now closed its previously announced a non-brokered private placement offering for aggregate gross proceeds of CAD $160,000 through the issuance of 4,000,000 units of the Company at a price of $0.04 per Unit.
Pinnacle Silver and Gold Corp. closed on February 25, 2025, a non-brokered private placement raising C$800,000 via 20M units at C$0.04 each (1 share + ½ warrant at C$0.06 for 24 months). Proceeds fund El Potrero exploration, taxes, working capital. Insider participation; related party transaction exempt. Concurrently closed option to acquire 100% El Potrero project.
Pinnacle Silver and Gold Corp. announces that, further to the Company’s news releases dated October 28, 2024, December 10, 2024, January 29, 2025 and February 24, 2025, it has closed its non-brokered private placement and the associated staged option to acquire up to a 100% interest in the Potrero property in Durango, Mexico.
Southern Silver Exploration Corp. announces that it has closed its previously reported non-brokered private placement by issuing 19,909,335 units at a price of $0.18 per unit for gross proceeds of $3,583,680.30.
Southern Empire Resources Corp. has assigned its option on the 600-hectare Centauro Gold Project in Chihuahua, Mexico, to Fortuna Mining Corp.’s subsidiary Monumental Minerals, allowing Fortuna to earn 100% interest. In exchange, Southern Empire receives up to US$975,000 in staged payments, a 1% NSR royalty (with 0.5% buyback option), and issues 400,000 shares to the vendor. Fortuna commits to annual $200,000 exploration spending. TSX-V acceptance pending.
“Having an instant new discovery of unique high-grade mineralization on our expansion area is an incredible advancement for our first four drill holes ever in the area.” commented, CEO Brodie Sutherland.
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