Business
Pacifica Silver Announces Closing of Upsized Brokered Offering
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") is pleased to announce that it has closed its previously announced, upsized private placement offering (the "Offering") of 15,870,000 common shares of the Company (the "Common Shares") at a price of $1.45 (the "Offering Price") per common share, for aggregate gross proceeds of $23,011,500, which included the exercise in full of the agents' option.The..
About this update from Pacifica Silver Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") is pleased to announce that it has closed its previously announced, upsized private placement offering (the "Offering") of 15,870,000 common shares of the Company (the "Common Shares") at a price of $1.45 (the "Offering Price") per common share, for aggregate gross proceeds of $23,011,500, which included the exercise in full of the agents' option.","length":559,"tagName":"p"},{"type":"text","content":"The Offering received broad-based support from new precious metal funds and investors, as well as continued commitment from established strategic shareholders Vizsla Silver Corp., First Majestic Silver Corp., Silvercorp Metals Inc., and renowned investor Eric Sprott.","length":267,"tagName":"p"},{"type":"text","content":""We are grateful to close our upsized brokered offering with robust participation from sophisticated new institutional investors possessing extensive expertise in the mining and silver sectors, as well as the support of our existing strategic shareholders," stated Todd Anthony, Chief Executive Officer of Pacifica Silver. "Their collective endorsement reflects strong conviction in the untapped potential of our flagship Claudia Silver-Gold Project in Durango, Mexico, and the proceeds from this financing will enable us to accelerate exploration efforts, systematically test high-priority targets, and unlock the project's high-grade potential through year-round, multi-rig drilling operations. We sincerely appreciate the confidence placed in our team and strategy by these valued partners, and we look forward to delivering meaningful exploration progress and creating long-term value for all stakeholders in the months and years ahead."","length":965,"tagName":"p"},{"type":"text","content":"Raymond James Ltd. acted as lead agent and sole bookrunner in connection with the Offering, on behalf of a syndicate of agents, which included Research Capital Corporation (collectively, the "Agents").","length":211,"tagName":"p"},{"type":"text","content":"Four insiders subscribed for 180,000 Units for gross proceeds of $261,000 and such participation will be considered a "related-party transa...