Pacifica Silver Announces Upsizing of Brokered Offering

Core Viewpoint - Pacifica Silver Corp. has increased its brokered private placement offering to raise up to $20,010,000 due to strong investor demand, consisting of 13,800,000 common shares priced at $1.45 each [1][2]. Group 1: Offering Details - The offering includes an option for agents to sell an additional 15% of the offering, potentially raising an extra $3,001,500 [2]. - The net proceeds will be allocated to exploration and drilling activities at the Claudia Project in Durango, Mexico, as well as for working capital and general corporate purposes [2]. Group 2: 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 [3]. - The offering is expected to close around January 23, 2026, pending necessary approvals from the Canadian Securities Exchange and other regulatory authorities [5]. Group 3: 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 [8]. - 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 potential for new discoveries [8].