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CAPITAN SILVER ANNOUNCES $20 MILLION BOUGHT DEAL FINANCING
CAPITAN SILVER ANNOUNCES $20 MILLION BOUGHT DEAL FINANCING Canada NewsWire NOT FOR...
About this update from Capitan Silver Corp
[{"type":"text","content":"\n\n\nCAPITAN SILVER ANNOUNCES $20 MILLION BOUGHT DEAL FINANCING\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES\nVANCOUVER, BC, Dec. 8, 2025 /CNW/ - Capitan Silver Corp. (TSXV: CAPT) (\"Capitan\" or the \"Company\") is pleased to announce that it has entered into an agreement with Stifel Canada pursuant to which Stifel Canada will act as sole bookrunner and lead underwriter, together with a syndicate of underwriters (collectively, the \"Underwriters\"), in connection with a \"bought deal\" private placement offering of 9,855,000 common shares of the Company (the \"Common Shares\") at a price of C$2.03 per Common Share (the \"Issue Price\") for aggregate gross proceeds of C$20,005,650 (the \"Offering\"), with the Common Shares to be offered and sold pursuant to the Listed Issuer Financing Exemption (as defined below).\nThe Company has granted the Underwriters an option (the \"Underwriters' Option\") to purchase (or arrange for substituted purchasers to purchase) up to an additional 1,478,250 Common Shares at the Issue Price on the same terms and conditions as the Offering. The Underwriters' Option will be exercisable, in whole or in part, at any time up until 48 hours prior to the closing of the Offering.\nThe net proceeds of the Offering shall be used to fund exploration activities at the Company's Cruz de Plata gold-silver project and for working capital and general corporate purposes, as is more fully described in the Offering Document (as defined herein).\nThe Offering is expected to close on or about December 17, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance of the TSX Venture Exchange. \nA cash commission equal to 6% of the gross proceeds of the Offering shall be paid to the Underwriters.\nSubject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Pros...