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Zacatecas Silver Announces Closing of Over-Subscribed Financing and Outlines Path Forward
VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Zacatecas Silver Corp. (TSXV:...
About this update from Zacatecas Silver Corp.
[{"type":"text","content":"Zacatecas Silver Announces Closing of Over-Subscribed Financing and Outlines Path Forward\n\n\n\n VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) --\n \n Zacatecas Silver Corp.\n \n (TSXV: ZAC; OTC: ZCTSF; Frankfurt: 7TV) (“Zacatecas” or the “Company”) is pleased to announce the closing of its over-subscribed non-brokered private placement financing (the “Financing”) of 62,500,000 units (“Units”) at a price of $0.06 per Unit for total gross proceeds of C$3.75 million. The Financing was previously upsized from C$2.5 million to C$3.75 million in order to include a strategic order from a highly regarded global mining investment fund, underscoring confidence in the Company’s high-grade silver and gold portfolio in Mexico.\n \n\n\n Summary\n \n\n\n\n\n C$3.75 million private placement closed\n \n – over-subscribed and backed by a strategic order from highly regarded mining investment fund\n \n\n\n 4,000-metre drill program\n \n preparation is underway to drill high-priority El Cristo and Panuco vein systems.\n \n\n\n El Cristo\n \n : testing a large, underexplored vein system geologically linked to the historic Veta Grande, which produced >200 Moz Ag historically.\n \n\n\n Panuco\n \n : follow-up drilling on strong high-grade intercepts and a\n \n 20.5 Moz AgEq resource\n \n (19 Moz Ag and 19.2 Koz Au) (3.41 million tonnes at 187 grams per tonne AgEq (173 g/t Ag and 0.18 g/t Au). See news release issued on May 30, 2023.\n \n\n\n Pipeline growth\n \n : Company actively reviewing new acquisition opportunities in Mexico to further strengthen portfolio.\n \n\n\n\n Eric Vanderleeuw, CEO and Director states:\n \n “This marks a pivotal step in our aggressive growth strategy focused on unlocking the full potential of the El Cristo and Panuco vein systems—two high-priority, high-impact targets in one of Mexico’s most prolific silver districts. Today, Zacatecas Silver is revitalized and fully funded to aggressively advance drilling in what appears to be the early innings of a historic metals market.”\n \n\n\n Each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”), with each Warrant exercisable at $0.10 per Share for a period of two years from the date of is...