Pinnacle Issues Shares for Debt

Pinnacle Issues Shares for Debt

(TheNewswire)

  Pinnacle Silver and Gold Corp.

VANCOUVER, BRITISH COLUMBIA, June 16, 2025 TheNewswire - (TSXV: PINN, US: NRGOF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") announces that, in order to conserve capital and improve the balance sheet, it has agreed with certain creditors to accept shares in the company in settlement of their debt. The aggregate number of shares to be issued, subject to TSXV approval, is 2,491,667 at a price of $0.06 per share, for settlement of $149,500.00. All securities issued will be subject to a four-month hold period which will expire on the date that is four months and one day from the date of issue.

The issuance of 2,491,667 common shares to directors and officers of the Company constitutes a "related party transaction" as this term is defined in Multilateral Instrument 61-101: Protection of Minority Securityholders in Special Transactions (" MI 61-101 "). The directors and officers of the Company, acting in good faith, determined that the fair market value of the common shares being issued pursuant to the shares for debt transaction and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the common shares nor the debt exceeds 25% of the Company's market capitalization.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on district-scale exploration for precious metals in the Americas. The addition of the high-grade Potrero gold-silver project in Mexico's Sierra Madre Belt complements the Company's project portfolio and provides the potential for near-term production . In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon . With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long -term , sustainable value for shareholders.

Signed: "Robert A. Archer"

President & CEO

For further information contact :

Email: info@pinnaclesilverandgold.com

Tel.: +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release .

Copyright (c) 2025 TheNewswire - All rights reserved.

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Pinnacle Silver and Gold (TSXV:PINN)

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District-scale silver-gold exploration and development in the Americas

Pinnacle Increases Non-Brokered Private Placement

Pinnacle Increases Non-Brokered Private Placement

 

(TheNewswire)

 
  
  Pinnacle Silver and Gold Corp. 
 
 

VANCOUVER, BRITISH COLUMBIA, July 25, 2025 TheNewswire - (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that, due to strong investor demand, it is increasing its non-brokered private placement announced on July 14, 2025 to now raise gross proceeds of up to $1,650,000 (the "Offering").  The Offering will now consist of up to 27,500,000 units (the "Units") with each Unit, priced at $0.06, comprising one common share ("Share") in the capital of the Company and one-half share purchase warrant ("Warrant").  Each whole Warrant shall be convertible into an additional Share at an exercise price of $0.10 for a period of 24 months from the date of issuance.  Finder's fees consisting of 7 per cent in cash commission and 7 per cent in non-transferable finders' warrants may be paid in connection with the offering.  Each finder's warrant entitles the holder to acquire one common share at $0.10 cents per share over a 24-month period.

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Pinnacle Clarifies Previous News Release

Pinnacle Clarifies Previous News Release

 

(TheNewswire)

 
  
  Pinnacle Silver and Gold Corp. 
 
 

VANCOUVER, BRITISH COLUMBIA TheNewswire - July 22, 2025 (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") announces that it is clarifying its previous news release at the request of CIRO.  The Company's continuing underground channel sampling in the historic Pinos Cuates mine at the El Potrero Project in Durango, Mexico has returned multiple high-grade assays up to 85.1 gramstonne gold (gt Au) and 520 gramstonne silver (gt Ag) over 0.5 metres .  A raise (inclined tunnel) between the main and upper levels of the mine provided additional access to the highest grade portion of the vein reported in Pinnacle news release of June 2, 2025 that returned composite channel assays of up to 19.4 gt Au and 266 gt Ag over 4.1 metres.

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Pinnacle Samples up to 85.1 g/t Gold and 520 g/t Silver at El Potrero

Pinnacle Samples up to 85.1 g/t Gold and 520 g/t Silver at El Potrero

 

(TheNewswire)

 
  
  Pinnacle Silver and Gold Corp. 
 
 

VANCOUVER, BRITISH COLUMBIA, July 22, 2025 TheNewswire - (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that continuing underground channel sampling in the historic Pinos Cuates mine at the El Potrero Project in Durango, Mexico has returned multiple high-grade assays up to 85.1 gramstonne gold (gt Au) and 520 gramstonne silver (gt Ag) over 0.5 metres . A raise (inclined tunnel) between the main and upper levels of the mine provided additional access to the highest grade portion of the vein reported in Pinnacle news release of June 2, 2025 that returned composite channel assays of up to 19.4 gt Au and 266 gt Ag over 4.1 metres.

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Pinnacle Engages ITG as Market Maker and Closes Shares for Debt Settlement

Pinnacle Engages ITG as Market Maker and Closes Shares for Debt Settlement

 

(TheNewswire)

 
  
  Pinnacle Silver and Gold Corp. 
 
 

VANCOUVER, BRITISH COLUMBIA TheNewswire - July 17, 2025 (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSXV policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.

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Michael Kott Acquires Common Shares of Pinnacle Silver and Gold Corp.

Michael Kott Acquires Common Shares of Pinnacle Silver and Gold Corp.

 

(TheNewswire)

 
  
  Pinnacle Silver and Gold Corp. 
 
 

   

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Sranan Gold Samples Additional High-Grade Gold Mineralization at the Tapanahony Project in Suriname

Sranan Gold Samples Additional High-Grade Gold Mineralization at the Tapanahony Project in Suriname

Sranan Gold Corp. (CSE: SRAN) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") announces additional high-grade results from sampling within Randy's Pit, which is located within its Tapanahony Project in Suriname.

Nine grab samples were taken from within shafts that were recently opened by local miners (see Figure 1) immediately north of Randy's Pit. The highlight samples returned 76.6 grams per tonne (g/t) gold and 23.7 g/t gold, and the most northern shaft showed west-dipping transposed sugary veins with grab samples up to 6.5 g/t gold.

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