Pacifica Silver (CSE:PSIL) Upsizes Private Placement Offering to $20 Million

VANCOUVER, British Columbia — January 16, 2026 — Leads & Copy — Pacifica Silver Corp. has announced an increase in the size of its previously announced brokered private placement offering to raise gross proceeds of up to $20,010,000, due to strong investor demand.

The offering will consist of 13,800,000 common shares at a price of $1.45 per common share. The company has amended its agreement with Raymond James Ltd., on behalf of a syndicate of agents, including Research Capital Corporation.

Under the terms, Pacifica Silver has granted the agents an option to sell up to an additional 15% of the offering in common shares at the issue price for additional gross proceeds of up to $3,001,500.

The net proceeds from the offering will be used to advance exploration and drilling activity at the company’s Claudia Project in Durango, Mexico, and for working capital and general corporate purposes.

The common shares issued under the offering will be issued and sold to eligible purchasers pursuant to the ‘listed issuer financing exemption’ under Part 5A of National Instrument 45-106 – Prospectus Exemptions as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption and will be issued to purchasers in each of the provinces of Canada, except Québec, and other qualifying jurisdictions, including the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended.

The common shares to be issued and sold under the offering will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

An amended and restated offering document related to the offering can be accessed at www.sedarplus.ca and on the company’s website. Prospective investors should read this document before making an investment decision.

The upsized offering is expected to close on or about January 23, 2026, and is subject to certain closing conditions including the receipt of all necessary approvals including the conditional listing approval of the Canadian Securities Exchange and the applicable securities regulatory authorities. The offering is subject to final acceptance of the CSE.

The common shares have not been registered and will not be registered under the U.S. Securities Act, or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, “U.S. Persons” (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements.

Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Project in Durango, Mexico. The Project spans 11,876 hectares and encompasses most of the historic El Papantón Mining District where at least nine small mines operated throughout the 20th century. Since 1990, sampling and drilling have returned high-grade silver and gold intercepts across multiple vein systems.

Contact:
Todd Anthony
Phone: 778-999-2627
Email: info@pacificasilver.com

Source: Pacifica Silver Corp.

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