Pinnacle Silver & Gold closes first tranche of private placement, raises $652,080

Reuters2026/08/07 19:05

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Pinnacle Silver and Gold closed a first tranche of a non-brokered private placement, raising gross proceeds of $652,080.
Issued 5,928,000 units at $0.11; each unit includes one common share, one-half warrant exercisable at $0.16 for 24 months.
Proceeds earmarked to advance the El Potrero gold-silver project in Durango, Mexico, fund project evaluations, support working capital.
Insiders bought 1,650,000 units for $181,500 in the tranche.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle Silver & Gold Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608071505TNWSWRCACNPR_____1knDF1OlD) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pinnacle Silver & Gold closes first tranche of private placement, raises $652,080

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