Arizona Gold & Silver Announces Closing Of Oversubscribed Non-Brokered Private Placement

Arizona Gold & Silver Announces Closing Of Oversubscribed Non-Brokered Private Placement

(TheNewswire)

Vancouver, British Columbia September 12, 2025 TheNewswire - Arizona Gold & Silver Inc. (the "Company" or "Arizona Gold") (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce that it has closed a non-brokered private placement (the " Private Placement ") of 6,666,416 units (the " Units ") at a price of $0.30 per Unit raising total gross proceeds of CDN$1,999,924.80.

Each Unit consists of one common share (the " Shares ") of the Company and one transferable common share purchase warrant (each, a " Warrant ") with each whole Warrant exercisable at a price of $0.40 per Share for a period of three (3) years from closing of the Private Placement.

The Company plans to use the proceeds of the Private Placement for further exploration of the Philadelphia Property in Mohave County, and for general working capital purposes.

In connection with the Private Placement, the Company paid finder's fees to certain finders, consisting of a cash fee of $26,451, 266,667 shares and 26,667 common share purchase warrants (each a " Finder's Warrant ").  Each Finder's Warrant entitles the holder to acquire one common share at a price of $0.40 per share for a period of three years from the date of issuance. The Private Placement and finders fees remains subject to the approval of regulatory authorities.

All securities issued are subject to a four-month hold period.

On behalf of the Board of Directors:

ARIZONA GOLD & SILVER INC .

Mike Stark, President, CEO and Director

Phone: (604) 833- 4278

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

NOT FOR DISTRIBUTION TO THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES

Copyright (c) 2025 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

AZS:CA
The Conversation (0)
"investing news network"

Arizona Silver Exploration

Exploring High Grade Gold and Silver Targets in Arizona and Nevada

Exploring High Grade Gold and Silver Targets in Arizona and Nevada Keep Reading...
Prince Silver (CSE:PRNC)

Prince Silver Corp Announces Closing of First Tranche of Private Placement Financing

Prince Silver Corp. ("Prince" or the "Company") (CSE:PRNC)(OTCQB:PRNCF) is pleased to announce that further to its news release dated September 24, 2025, the Company has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement financing for gross... Keep Reading...
Ed Steer, silver bars.

Ed Steer: Silver Rally Now Unstoppable, Price to Hit Triple Digits

Ed Steer of Ed Steer's Gold and Silver Digest shares his thoughts on silver's run past US$50 per ounce, saying that in his view the bull market is just getting started. "One way or another we're going to run into a supply/demand brick wall, and when that day happens we could see triple-digit... Keep Reading...
Gianni Kovacevic, lithium-ion battery.

Gianni Kovacevic: Silver, Oil to Break US$100, but This is the Real Speculation

Investor and author Gianni Kovacevic discusses silver's price pullback, saying that in the long term he sees the white metal reaching triple digits. He expects oil prices to reach that level too, but emphasized that he sees lithium as the truly contrarian play for the rest of 2025 and into next... Keep Reading...
BP Silver

BP Silver Finalizes Targets for Upcoming Drill Program at its Cosuño Silver Project, Bolivia

BP Silver Corp. (TSXV: BPAG) ("BP Silver" or the "Company") announces that it has finalized targets for initial drill testing and has selected Maldonado Exploraciones, a premier Bolivian drilling contractor, to carry out the upcoming drill program at its Cosuño Silver Project ("Cosuño") in... Keep Reading...
Silver Hammer Mining (CSE:HAMR)

Silver Hammer Enters into Option Agreement to Acquire 100% Interest in a Strategic and Prospective Silver Project in the Silver Valley of Idaho

Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") is pleased to announce it has entered into an option agreement (the "Option Agreement") on October 20, 2025 with Fahey Group Mines, Inc. ("Fahey"), pursuant to which the Company has been granted the right (the "Option") to... Keep Reading...

Latest Press Releases

Related News