Capitan Silver announced it has executed a definitive agreement to acquire the strategic land package at its Cruz de Plata project, part of the LOI that was announced on June 9th.
The US$4M acquisition expands its land package by ~85% and extends the silver-gold trend by 1.2km to 3.7km.
The transaction was supported by $6.6M in warrant proceeds, leaving CAPT fully funded for 2025 and well into 2026.
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CAPT: LOI Turns Definitive & $6.6M from Warrant Exercises