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Posted by
Two Blokes Jul 25 -
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VANCOUVER, BRITISH COLUMBIA, July 25, 2025 – TheNewswire - (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. (" Pinnacle " or the “ Company ") is pleased to announce that, due to strong investor demand, it is increasing its non-brokered private placement announced on July 14, 2025 to now raise gross proceeds of up to $1,650,000 (the “Offering”). The Offering will now consist of up to 27,500,000 units (the "Units") with each Unit, priced at $0.06, comprising one common share (“Share”) in the capital of the Company and one-half share purchase warrant ("Warrant"). Each whole Warrant shall be convertible into an additional Share at an exercise price of $0.10 for a period of 24 months from the date of issuance. Finder's fees consisting of 7 per cent in cash commission and 7 per cent in non-transferable finders' warrants may be paid in connection with the offering. Each finder's warrant entitles the holder to acquire one common share at $0.10 cents per share over a 24-month period. The net proceeds raised from the Offering will be used to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital.
