Prismo Metals Inc. announces that it has entered into debt settlement agreements with certain creditors of the Company pursuant to which the Company has agreed to issue to the Creditors, and the Creditors have agreed to accept, 100,000 common shares of the Company at a deemed issue price per share of $0.21 and 17,500 common shares of the Company at [...]
Prismo Metals Inc. is pleased to announce that it has received the results of the artificial intelligence study at the Hot Breccia project in Southern Arizona undertaken by Exploration Technologies Inc. of California, USA. The AI study results provide support for the Company's exploration plan at the project, identifying the most likely location [...]
Prismo Metals Inc. is pleased to announce that drilling at its Palos Verdes project in Mexico has started. Hole PV-24-34 of this collaborative drilling program with Vizsla Silver Corp.'s was collared on Vizsla's property. The planned length of the first hole is 250 meters out of a total expected 1,250 meters in the first phase of the program now [...]
Prismo Metals Inc. announces that, pursuant to the Company's long-term incentive plan, it has granted a total of 1,275,000 stock options to certain directors and officers of the Company and 200,000 Options to certain consultants of the Company. The Options are each exercisable to purchase one common share of the Company at an exercise price of [...]
Prismo Metals Inc. is pleased to announce that it has updated the mineralization model for the Hot Breccia project in Southern Arizona based on important historical information recently acquired from a third party. The information includes historic Bear Creek Mining Company exploration data, gathered between the completion of a masters thesis by [...]
Prismo Metals Inc. announces that it has entered into a debt settlement agreement with a creditor of the Company pursuant to which the Company has agreed to issue to the Creditor, and the Creditor has agreed to accept 180,000 common shares of the Company at a deemed issue price of $0.17 per share in full and final settlement of accrued and [...]
Prismo Metals Inc. is pleased to announce that a man-portable drill is mobilizing for the Company's upcoming drill program at the Palos Verdes property located in the Panuco district in Sinaloa, Mexico. Drilling is planned to begin the week of August 5th. The drilling program is a collaborative effort between Prismo and Vizsla Silver Corp. and will [...]
Prismo Metals Inc. is pleased to announce that it has received permit approval from the Bureau of Land Management for ten drill pads, at the Hot Breccia copper project in Southern Arizona. The drill pads will allow for drilling to test the prospective stratigraphy below the cover volcanic rock over a wide area, and in particular the large [...]
Only recently, global asset manager Sprott explained that a new "super cycle" is beginning to form in the copper market. This is based on several geopolitical and market trends, which would lead to a "strongly bullish" outlook for the copper price. This is also in line with our observations. Which is why we are once again looking at an extremely [...]
Prismo Metals Inc. is pleased to announce that further to its news release dated June 11, 2024, the Company has closed its previously announced non-brokered private placement for gross proceeds of $1,147,500 through the issuance of 6,750,000 units of the Company . Each Unit consists of one common share in the capital of the Company and one-half of [...]
Global Stocks News - On June 11, 2024 Prismo Metals updated the market with three significant announcements. 1. The company has received commitments for a $1.1 million private placement of units at a price of $0.17 per unit. 2. At its Hot Breccia Copper Project , a drilling permit is expected this month. The upcoming exploration program will focus [...]
HIGHLIGHTS Prismo Metals has received commitments for a $1.1 million private placement of units at a price of $0.17 per unit. Hot Breccia Copper Project : Permit expected this month. Upcoming exploration program to focus on diamond drilling five holes with an expected depth of 1,000 metres each. Palos Verdes Silver Project : Planning to drill [...]
