Core Viewpoint - Capitan Silver Corp. has initiated a significant 60,000-metre drilling campaign for 2026 at its Cruz de Plata silver-gold project in Durango, Mexico, which represents a 400% increase in drilling compared to the previous year [1][4]. Exploration Program & Highlights - The 2026 drilling program aims to more than double the total drilling completed at the Cruz de Plata project to date [3]. - The campaign will utilize both Reverse Circulation (RC) and core drilling methods, ramping up from one RC rig to a total of four rigs, including three core rigs [4]. - Key targets for the drilling include expanding advanced silver-mineralized zones along the 3.7-km Jesus Maria Silver Trend and testing new high-grade silver targets at Casco Norte, La Purisima, and Jesus Maria Northwest [4]. - Additional drilling will focus on further defining the Capitan Hill Gold Deposit and exploring new gold opportunities [4]. Financial Position - Capitan Silver is well-funded for 2026, having raised C$29 million from institutional investors in December 2025, which positions the company favorably for its exploration activities [4][20]. - The company successfully completed two financings: a C$23 million bought deal and a C$6 million private placement [9]. Achievements in 2025 - The year 2025 was transformative for Capitan, marked by the resumption of drilling after a halt in 2023 due to high capital costs [8]. - The company consolidated its land package and completed a buyback of the main royalty on its flagship project, enhancing its value proposition [9]. - Significant drilling results from 2025 included high-grade intervals, such as 2,636 g/t Ag over 1.5m in drillhole 25-ERRC-12 [13]. Strategic Developments - Capitan eliminated the main royalty on the Cruz de Plata project by purchasing the Altiplano royalty for US$1 million, maximizing shareholder returns [14]. - The company expanded its land position by 85% through the acquisition of seven mineral concessions adjacent to Cruz de Plata [15]. - A technical report for the Capitan Hill Oxide Gold Deposit was filed, providing a mineral resource estimate in accordance with National Instrument 43-101 [18]. Management and Governance - The management team has been strengthened with key hires to support the company's growth, including experienced professionals in exploration and investor relations [20]. - Capitan Silver maintains a tight share structure, with the top three shareholders owning over 38% of the company's share capital [21].

Core Viewpoint - Captivision Inc. has received an extension from the Nasdaq Hearings Panel to regain compliance with Nasdaq Listing Rules, specifically regarding the filing of audited financial results for the fiscal year 2024 and interim financial statements for the first half of 2025 [1][2] Compliance and Regulatory Updates - The Nasdaq Hearings Panel has granted Captivision an extension to demonstrate compliance with the Periodic Filing Rule by March 31, 2026, for the 2024 fiscal year audited financial results, and by April 17, 2026, for the first half of 2025 financial results [1] - Captivision received a letter from Nasdaq on January 2, 2025, indicating non-compliance with Nasdaq Listing Rule 5250(c)(2) due to the failure to file Form 6-K with interim financial statements for the period ended June 30, 2025 [2] Strategic Acquisition - Captivision has entered into a letter of intent to acquire Montana Goldfields subsidiary Montana Tunnels Mining Inc., which will transform the company into a diversified gold mining and related services entity, to be renamed Montana Gold Inc. [3] - The acquisition aims to position Captivision as a Nasdaq-listed company with significant proven reserves in precious metals and potential rare earth elements, enhancing its infrastructure, management, and access to capital [3] Market Position and Future Outlook - The planned acquisition is expected to capitalize on the growing demand for responsibly sourced mining assets and the focus on domestic supply chain security [3]

Core Viewpoint - Captivision Inc. is engaging Hard Rock Consulting to reaffirm the gold and precious metals reserves of Montana Tunnels Mining, Inc. as part of its planned acquisition, which will lead to a rebranding as Montana Gold Inc. [1] Group 1: Acquisition Details - Captivision has executed a letter of intent to acquire Montana Tunnels Mining, Inc., which is a wholly owned subsidiary of Montana Goldfields, Inc. [1] - The acquisition aims to reposition the company as a diversified gold mining and related services business [1] Group 2: Consulting Engagement - Hard Rock Consulting specializes in geology, resource estimation, mine planning, and financial modeling, and has extensive experience with Montana Goldfields [2] - The engagement includes updates on mineral resources and reserves, mine planning, optimization, and overall economic evaluation [3] Group 3: Broader Asset Portfolio - HRC has experience with the broader Montana Goldfields mining asset portfolio, including the Diamond Hill mine and Golden Dream deposit [4] - The firm is positioned as a trusted technical partner as the company prepares to commence mining operations [4]

Core Viewpoint - Capitan Silver Corp. has entered into a subscription agreement with Schroder Investment Management Limited for a private placement of 2,955,665 common shares at C$2.03 per share, raising approximately C$6 million, contributing to a total equity raise of about $29 million through recent financing efforts [1][2]. Company Overview - Capitan Silver is focused on developing a high-grade silver system at its Cruz de Plata project in Mexico's primary silver belt, led by an experienced management team that has successfully advanced multiple projects to production [4]. - The company maintains a tight share structure, with the top three shareholders owning over 37% of its share capital, and is fully funded for ongoing drilling activities at the Cruz de Plata project [4]. Investment Details - The private placement with Schroders is expected to close in the first week of January 2026, subject to necessary approvals, and the proceeds will be used for exploration activities and general corporate purposes [2]. - The recent "bought deal" offering raised $23 million, introducing new institutional investors to the company, which is seen as a positive step for broadening its institutional shareholder base [2]. Schroders Overview - Schroders is a leading global investment manager with £776.6 billion in assets under management as of June 30, 2025, and has a strong history of investing in the precious metals sector [5]. - The firm operates across various asset classes and client types, providing active management and investment solutions through its diversified business model [6][7].

Core Viewpoint - Capitan Silver Corp. has successfully closed a private placement offering, raising approximately C$23 million to fund exploration and working capital [1][3]. Group 1: Offering Details - The offering consisted of 11,333,250 common shares priced at C$2.03 each, resulting in gross proceeds of C$23,006,497.50 [1]. - Stifel Canada acted as the sole bookrunner and lead underwriter, with TD Securities Inc., BMO Capital Markets, and Canaccord Genuity Corp. as co-underwriters [2]. - The net proceeds will be allocated to exploration activities at the Cruz de Plata gold-silver project and for general corporate purposes [3]. Group 2: Regulatory Compliance - The common shares were issued under the "listed issuer financing exemption" as per National Instrument 45-106, allowing for no statutory hold period for most investors [4]. - Certain insiders are subject to a hold period until April 18, 2026, in accordance with TSX Venture Exchange policies [4]. - The offering was also made available in the United States and other jurisdictions under applicable laws [4]. Group 3: Financial Aspects - The company paid approximately C$1,372,473 in cash commissions to the underwriters for their services [5]. - Related parties, including insiders, participated in the offering, subscribing for a total of 1,960,000 common shares [6]. Group 4: Company Overview - Capitan Silver is focused on developing a high-grade silver system at its Cruz de Plata project in Mexico's primary silver belt [9]. - The company is led by an experienced management team that has successfully advanced multiple projects into production [9]. - Capitan Silver maintains a tight share structure, with the top three shareholders owning over 38% of the company's share capital [9].

Transformative Acquisition of Established Diversified Gold Mining Company with Robust Precious Metals, Critical Minerals and Early Stage Rare Earths PortfolioMIAMI, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Captivision Inc. (“Captivision” or the “Company”) (Nasdaq: CAPT), a pioneering manufacturer and global LED provider, today announced the execution of a letter of intent (“LOI”) for the transformative acquisition of Montana Tunnels Mining, Inc. and the Montana Tunnels Mine, (“Montana Tunnels” or “MTMI”), a wholly ...

Core Insights - Captivision Inc. is undergoing a strategic transformation, which includes a management change to better align with its future direction [1][3] - The company is exploring strategic options for its wholly owned subsidiary, Captivision Korea, and is looking for opportunities within the broader LED industry [2] Management Changes - Anthony Page has resigned as Chief Financial Officer, with Gary Garrabrant, the Chief Executive Officer, assuming his responsibilities on an interim basis [3] - Garrabrant acknowledged Page's contributions and expressed gratitude for his continued support during the transition [4] Company Overview - Captivision is a leading manufacturer and global provider of LED solutions, known for its innovative digital display technology and immersive media [4] - The company has developed advanced media glass technology that integrates IT materials with architectural glass, allowing for real-time content delivery on glass surfaces [4] - Captivision's products have been implemented in various global locations, including sports stadiums, entertainment venues, and airports [5]

Core Points - Captivision Inc. has received notices from Nasdaq regarding non-compliance with listing requirements, specifically the minimum closing bid price and market value of listed securities [1][2][3] - The company has until May 5, 2026, to regain compliance with these requirements, during which its shares will continue to trade on Nasdaq [3][4] - If compliance is not achieved by the deadline, Captivision may be eligible for an additional 180-day period to regain compliance by transferring to The Nasdaq Capital Market [4][5] - The company is actively monitoring its share price and market value and may consider a reverse stock split to address the bid price requirement [6] Company Overview - Captivision is a leading manufacturer and global provider of LED solutions, specializing in digital display technology and immersive media [7] - The company has developed innovative media glass technology that integrates IT materials with architectural glass, enabling dynamic content delivery on glass surfaces [7][8] - Captivision's products have been implemented in various high-profile locations, including sports stadiums, entertainment venues, and airports [8]

Core Viewpoint - Capitan Silver Corp. has reported significant high-grade silver mineralization results from its Cruz de Plata project in Durango, Mexico, indicating the emergence of a new large silver zone at the Jesus Maria trend [1][3][4]. Summary by Sections Drill Results - The Phase One drill program has successfully intersected high-grade silver mineralization, with drillhole 25-ERRC-26 reporting 1,767.4 g/t AgEq over 1.5 meters, part of a broader zone of 1,222.1 g/t AgEq over 3 meters, and a wider interval of 234.2 g/t AgEq over 25.9 meters [3][7]. - Drillhole 25-ERRC-21 also showed promising results, with 710.5 g/t AgEq over 1.5 meters and 353.2 g/t AgEq over 1.5 meters within a broader interval of 292.4 g/t AgEq over 6.1 meters [3][8]. - A total of 57 drillholes have been completed to date, confirming the continuity of mineralization across the property [6][9]. New Mineralized Zones - Follow-up drilling has confirmed the presence of a new broad zone of mineralization near drillhole 25-ERRC-12, suggesting that high-grade results are not anomalies but part of a larger target [5][6]. - The discovery of additional mineralized intrusive dykes indicates potential new structures for transporting mineralization across the property [3][6]. Future Plans - The company plans to continue drilling to further define the new mineralized zones and structures identified [6][9]. - An updated mineral resource estimate and a property-wide geophysical survey are also planned, with assay results pending for 25 drillholes [9][19]. Company Overview - Capitan Silver Corp. is focused on defining a new high-grade silver system at its Cruz de Plata project, supported by a proven management team and a tight share structure [19].

Core Viewpoint - Captivision Inc. has received an extension from the Nasdaq Hearings Panel to comply with the Nasdaq Listing Rules, specifically the Periodic Filing Rule, until December 31, 2025 [1][2]. Group 1: Compliance and Audit - Captivision must demonstrate compliance with the Periodic Filing Rule by December 31, 2025, as part of the extension granted by the Nasdaq Hearings Panel [2]. - The company appointed Marcum Asia CPAs LLP as its new independent registered public accounting firm to complete the audit of its 2024 financial statements [2]. - Captivision expects to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, within the extension period [2]. Group 2: Company Background - Captivision is a pioneering manufacturer and global provider of LED solutions, specializing in digital display technology and immersive media [4]. - The company has developed innovative media glass technology that integrates IT building materials with architectural glass, allowing for real-time content delivery on glass façades [4]. - Captivision's products have been implemented in various global locations, including sports stadiums, entertainment venues, and airports [5].