Pinnacle Silver and Gold Corp. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 600,000 on April 12, 2024. Each unit comprising of one common share in the capital of the company and one-half share purchase warrant, whereby each whole warrant shall be convertible into an additional share at an exercise price of CAD 0.05 for a period of 24 months from the date of issuance.

A finder?s fee of up to 6% in cash and 6% in warrants exercisable into shares at CAD 0.05 for a period of 24 months may also be paid. All securities to be issued will be subject to a four-month hold period from the date of issuance and subject to TSX Venture Exchange approval.