Prismo Metals announces new assay results and provides corporate update Prismo Metals Inc. is pleased to announce that it has closed the previously announced strategic investment by Vizsla Silver Corp. . Pursuant to the Strategic Investment, Vizsla acquired a right of first refusal to purchase the Palos Verdes project from Prismo, and 4,000,000 units of Prismo at a price of $0.50 per Prismo Unit, for aggregate [...]
Prismo Metals Inc. is pleased to announce that it has entered into a binding strategic investment agreement with Vizsla Silver Corp. . Pursuant to the Definitive Agreement, Vizsla will make a strategic investment in Prismo by acquiring 4 million units of Prismo , for an aggregate consideration of $2 million . Vizsla will also acquire a right of first refusal to purchase the Palos Verdes project from Prismo. Transaction [...]
Prismo Metals Inc. is pleased to announce the closing of its previously announced brokered private placement financing of units for gross proceeds of $3,016,000 . PI Financial Corp. acted as lead agent on behalf of a syndicate of agents including Agentis Exempt Market Dealer LP . The Units were offered pursuant to an offering document dated December 5, 2022 prepared in accordance with Form 45-106F19 - Listed Issuer [...]
Prismo Metals Inc. is pleased to announce that the private placement announced earlier today of up to 5,800,000 units , at a price of $0.52 per Unit, for maximum aggregate gross proceeds of up to $3,016,000 has been fully allocated. PI Financial Corp. is acting as lead agent on behalf of a syndicate of agents . Each Unit shall be comprised of one common share in the capital of the Company and one-half of one of a Common [...]
Prismo Metals Inc. is pleased to announce that it has entered into an agreement with PI Financial Corp. to act as lead agent on behalf of a syndicate of agents in connection with a best efforts private placement of up to 5,800,000 units , at a price of $0.52 per Unit, for maximum aggregate gross proceeds of up to $3,016,000 . Each Unit shall be comprised of one common share in the capital of the Company and one-half of [...]
Additional Drilling Planned at Palos Verdes in January 2023 Prismo Metals Inc. is pleased to announce assay results for the first five holes in the recent drilling program at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. Assays for the last three holes of the 2022 drilling campaign are expected by the end of December. The first drill hole of the season, PV-22-11 [...]
Prismo Metals Inc. is pleased to announce that it has signed a non-binding letter of intent with Vizsla Silver Corp. . Pursuant to the LOI, Vizsla intends to make a strategic investment for 4,000,000 units of Prismo for aggregate consideration of C$2,000,000 with Vizsla acquiring a right of first refusal to purchase the Palos Verdes project from Prismo . Transaction Highlights for Prismo The Strategic Investment will [...]
Prismo Metals Inc. is pleased to announce that it has signed a formal access agreement with the Francisco Villa Ejido, the surface owners over the Los Pavitos Project in Sonora State, Mexico to allow for exploration work including drilling. The Company negotiated a two-year agreement to formalize the previous informal agreement . "This agreement allows Prismo to proceed with its drilling permit application, opening the [...]
Four holes completed, hole #5 underway Prismo Metals Inc. is pleased to provide an update on the current drill program at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. A total of 1,203 meters have been drilled to date out of a planned minimum of 2,000 metres. The Company expects to complete the current drilling in early November. The Palos Verdes property is [...]
Ongoing drill program at Palos Verdes halfway completed Prismo Metals Inc. is pleased to provide an update on the current drill program at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. The program has drilled a total of 1,062 meters to date out of a planned minimum of 2,000 metres. The Company expects to complete the minimum target of 2,000 metres in early [...]
Prismo Metals Inc. announces the results of its 2022 Annual and Special Meeting of shareholders held on Thursday, September 29th, 2022, in virtual format. Shareholders approved all the resolutions detailed in the management information circular of the Company dated August 31, 2022, namely: Electing all five of the nominees to the Board of Directors of the Company, namely Peter Craig Gibson, Jean-François Meilleur , Jorge [...]
Virtual core shack visit planned for September 21, 2022 at 4:00 pm EDT Prismo Metals Inc. is pleased to provide an update of the drilling program currently underway at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. The Company has drilled approximately 560 meters in two core holes of a planned minimum of 2,000-meter drill program, with the second hole currently in [...]
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