Pinnacle Provides Updates on Proposed Acquisition of El Potrero Gold-Silver Project in Mexico, and on Canada Postal Strike and Mailing of the Company's 2024 Annual General Meeting Materials

About this update from Pinnacle Silver And Gold Corp

[{"type":"text","content":"Pinnacle Provides Updates on Proposed Acquisition of El Potrero Gold-Silver Project in Mexico, and on Canada Postal Strike and Mailing of the Company's 2024 Annual General Meeting Materials\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n VANCOUVER,\n \n\n BRITISH\n \n\n COLUMBIA,\n \n\n December 10,\n \n\n 2024\n \n\n –\n \n\n TheNewswire -\n \n\n (TSXV:\n \n\n PINN;\n \n\n OTC:NRGOF;\n \n\n Frankfurt:\n \n\n P9J)\n \n\n –\n \n\n Pinnacle\n \n\n Silver\n \n\n and\n \n\n Gold\n \n\n Corp.\n \n\n (\"\n \n\n Pinnacle\n \n\n \"\n \n\n or\n \n the\n \n “\n \n\n Company\n \n\n \")\n \n\n is\n \n\n providing an update on the proposed\nacquisition of a staged option to acquire up to a 100% interest,\nsubject\n \n\n to\n \n\n a\n \n\n 2%\n \n\n NSR,\n \n\n in the Potrero gold-silver\n \n\n project in\n \n\n Durango,\n \n\n Mexico, as announced in\n \n\n\n\n Pinnacle news release of Oct. 28,\n2024\n \n\n\n\n .\n \n\n\n\n As the proposed acquisition is subject to TSXV approval\nand the transaction is considered by the TSXV to be a “Fundamental\nAcquisition”,\n \n\n Section 3.5\nof Exchange Policy 3.3\n \n\n requires regular updates\non the progress of the transaction.\n \n\n\n\n The Company reports that technical and legal due\ndiligence are almost complete, the requisite NI 43-101 Technical\nReport is well underway, the preparation of a final Definitive\nAgreement and Title Opinion are in the final stages and the financing\nis progressing well.  There is no change to the terms of the\nfinancing.  As such, the Company anticipates being in a position to\nfile with the TSXV by mid-January.\n \n\n\n\n The Company also wishes to notify shareholders that in\ncase of disruption due to the ongoing Canada Post strike, the\nCompany's meeting materials (the \"Meeting Materials\") for\nthe Company's upcoming annual general meeting to be held on January\n10, 2025 at 11:00 a.m. (Vancouver Time) (the \"Meeting\"),\nmay be viewed on the Company's SEDAR+ profile at\n \n\n\n\n www.sedarplus.ca\n \n\n\n\n and are\nalso available electronically on the Company's website at\n \n\n\n\n www.pinnaclesilverandgold.com\n \n\n\n\n .\n \n\n\n\n Due to the postal strike, it is possible that the\nMeeting Materials will not be delivered to shareholders prior to the\nMeeting.  Shareholders w...

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