Vancouver, British Columbia, September 22, 2025 – Masivo Silver Corp. (“Masivo” or the “Company”) (TSXV: MASS) (OTC:GNYPF) wishes to announce that due to a stronger investor demand and, subject to the acceptance of the TSX Venture Exchange (“TSX-V”), its previously announced non- brokered private placement on June 27, 2025 has increased from 16,666,667 Units to 33,333,334 Units, for an additional increase in the gross proceeds from $1,000,000 to $2,000,000 (the “Offering”).
The Offering will be priced at $0.06 per Unit, and each Unit will consist of one (1) common share in the capital of the Company and one-half (½) of a share purchase warrant (the “Warrants”), as previously announced. Each whole Warrant will be exercisable at an exercise price of $0.10 to purchase one additional common share for a period of 12 months following the closing date. No insiders will be participating in this private placement.
The Company expects to close this private placement no later than October 10, 2025.
Qualified Person
Brian Brewer, PGeo, is Masivo Silver’s qualified person for the company’s projects in Mexico and Nevada and has approved this news release.
About Masivo Silver Corp.
Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the State of Nevada, US, and in the State of Sinaloa, Mexico. The Company’s mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day. Additional information on Masivo’s current operations is available on the Company’s website at www.masivosilver.com or email [email protected] or phone: +1 (602) 315-1231
ON BEHALF OF THE BOARD OF DIRECTORS
“David Coburn” Chief Executive Officer
This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company’s exploration plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Original Article: https://www.sedarplus.ca/csa-party/records/document.html?id=05e81080f51ab62d7d5c9fba40b31205850461bb74bf0fe009d3928b76770ef1
