Pacifica Silver Announces $10 Million Brokered Financing

Core Viewpoint - Pacifica Silver Corp. has announced a brokered private placement offering of 6,900,000 common shares at a price of $1.45 per share, aiming to raise up to $10,005,000 in gross proceeds [1][3]. Group 1: Offering Details - The offering includes an option for agents to sell an additional 1,035,000 common shares, representing 15% of the offering [2]. - The expected closing date for the offering is around January 23, 2026, subject to necessary approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to advance exploration and drilling activities at the Claudia Project in Durango, Mexico, as well as for working capital and general corporate purposes [3]. Group 3: Regulatory and Compliance Information - The common shares will be issued under the 'listed issuer financing exemption' and will not be subject to resale restrictions under applicable Canadian securities laws [4]. - The offering is not registered under the U.S. Securities Act and cannot be sold to U.S. persons without registration or an exemption [7]. Group 4: Company Overview - Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Project, which spans 11,876 hectares in the historic El Papantón Mining District [9]. - The project has shown high-grade silver and gold intercepts from historical sampling and drilling, with only about 10% of known veins drilled to date, indicating significant exploration potential [9].