Capitan Silver Corp. is pleased to announce that with the support of its large shareholders it intends to raise C$1.5 million, by way of a non-brokered private placement of 10 million common shares at a price of C$0.15 per Share . Capitan intends to use the net proceeds from the Private Placement to continue to advance the Cruz de Plata gold-silver project, evaluate potential acquisitions as well as to fund working [...]
Capitan Silver Corp. is pleased to provide the results of its Annual and Special Meeting of Shareholders which was held on June 23, 2023. At the Annual and Special Meeting of shareholders, 36,403,953 shares were voted and the Company received majority shareholder approval for the following: Elected one new and re-elected four incumbent directors, total of three directors for the ensuing year as follows: Director Votes For [...]
CAPITAN MINING INC. is pleased to provide an exploration update for its Cruz de Plata project. Highlights: New interpretation and analysis at Cruz de Plata based on data collected to date, identifies several important large trends that are prospective for future silver and gold discoveries: Jesus Maria Silver vein projects to a potential strike of 2.8 km Santa Teresa Silver vein projects a potential strike of 1.8 km San [...]
Capitan Mining Inc. is pleased to announce that it will be changing its name to "Capitan Silver Corp to reflect its primary focus on the recently consolidated silver trend at the Cruz de Plata project in Durango, Mexico. The TSX Venture Exchange has approved the change of name and the Company will begin trading under its new name on March 23, 2023. Capitan Silver Corp. will continue to trade under the same symbol 'CAPT [...]
Capitan Mining Inc. is pleased to announce final drill assays for five drillholes, from the summer 2022 drill program at the Jesus Maria high-grade silver zone, located at the Cruz de Plata project in Durango, Mexico. Highlights: Hole 22-JMRC-22: Intersected 16.8m of 224.3 g/t AgEq, including 3.0m of 978.7 g/t AgEq, which includes 1.5m of 1,532.8 g/t AgEq, at the Gully Fault zone, Hole 22-JMRC-14: Intersected 4.6m of [...]
Capitan Mining Inc. is pleased to announce that it has executed an option agreement with Minera Fresnillo, to acquire a 100% interest for the mineral rights to a key property at the Cruz de Plata Project. Highlights: Acquisition of key property between known silver zones at Jesus Maria and San Rafael allows Capitan to consolidate and grow the Cruz de Plata Silver Project High-Grade Silver trend on Capitan's 100% owned [...]
Not for distribution to United States newswire services or for dissemination in the United States. Capitan Mining Inc. is pleased to announce that it has closed the second and final tranche of the previously announced $3,200,000 non-brokered private placement . The second and final tranche consists of 3,000,000 Common Shares at a price of CAD$0.20 per share for total proceeds of $600,000. The financing is led by strategic [...]
Capitan Mining Inc. is pleased to announce that it has closed the first tranche of the previously announced $3,200,000 non-brokered private placement . This first tranche consists of 13,000,000 Common Shares at a price of CAD$0.20 per share for total proceeds of $2,600,000. The second and final tranche of 3,000,000 shares at a price of CAD$0.20 per share for total proceeds $600,000 is anticipated to close on or before [...]
Capitan Mining Inc. is pleased to announce its intention to increase the size of its previously announced non-brokered private placement from C$3,000,000 to C$3,200,000. The Company will issue up to 16,000,000 Common Shares for total gross proceeds of up to $3,200,000. Each Common Share will be issued at a price of $0.20. Capitan intends to use the net proceeds from the Private Placement to advance drilling and work [...]
Capitan Mining Inc. is pleased to announce its intention to raise C$3 million, by way of a non-brokered private placement of 15 million common shares at a price of C$0.20 per Share . Capitan intends to use the net proceeds from the Private Placement to advance drilling and work programs at the Cruz de Plata gold & silver project in addition to funding working capital and general corporate expenses. The closing of the [...]
Capitan Mining Inc. is pleased to report continued exploration results from five reverse circulation drillholes from the Jesus Maria silver zone at its 100%-owned Cruz de Plata Project , in Durango, Mexico. Highlights: Drill results extend high grade silver mineralization at Jesus Maria to depth; identifying a new higher grade silver zone, which remains open Hole 22-JMRC-19 returned 21.3m of 132.9 g/t Ageq, including 1.5m [...]
Capitan Mining Inc. is pleased to report continued exploration results from three reverse circulation drillholes, as well provide an exploration update on the progress to date at its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project , Durango, Mexico. Highlights: Hole 22-JMRC-12: returned two high-grade intervals of 1.5m of 488.97 g/t AgEq and 1.5m of 328.25 g/t AgEq within 21.3m of 143.59 g/t AgEq Hole [...]
