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 [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Palos Verdes drilling program in progress Prismo Metals Inc. is pleased to announce that it has received the data from the LiDAR survey carried out at its Los Pavitos project in Sonora State, Mexico. Preliminary interpretation of the topographic images is ongoing. Several structural features and small mine workings are visible in the data which [...]
Prismo Metals Inc. is pleased to announce that, further to its August 18th, 2022 news release, it has closed a non-brokered private placement, issuing 750,000 common shares at a price of $0.20 per share for gross proceeds of $150,000. As a result of the closing of the private placement, there are now 29,228,723 common shares of the Company issued [...]
Prismo Metals Inc. is pleased to announce that its 2,000-meter drill program at its Palos Verdes project located in Sinaloa, Mexico has commenced. The Palos Verdes property is contiguous to the Panuco silver-gold project of Vizsla Silver Corp. The drilling campaign is expected to last approximately two months. The drill program is designed to test [...]
Prismo Metals Inc. today announced that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . DTC eligibility is expected to simplify the process of trading and enhance liquidity of Prismo shares in the United States. The Company's shares recently began trading on the [...]
