Day: February 10, 2025

In aggregate, the Company issued 7,803,000 Units for aggregate gross proceeds of C$1,560,600.

CAPITAN SILVER CORP. would like to announce a revision to the warrant Acceleration Right in respect of its previously announced private placement financing of up to 13,250,000 units at a price of C$0.40 per Unit for aggregate gross proceeds of up to C$5,300,000.

The mine and processing plant continue to run at the current capacity of 500 wet metric tonnes per day; full commercial production at the Complex was achieved January 1, 2025. Weekly gold and silver concentrate deliveries continue.