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 OTCQB® Venture Market under the ticker symbol PMOMF. DTC is a subsidiary of [...]
Prismo Metals Inc. is pleased to announce that it has received an extension to its environmental permit which allows for drilling at its Palos Verdes project in Sinaloa State, Mexico to commence as planned in the first week of August. Crews have been mobilized to the project and preparation of the drilling sites is ongoing. The agency responsible for environmental regulation in Mexico, Semarnat, has issued an extension to [...]
Prismo Metals Inc. today announced that its common shares have been approved for listing on the OTCQB ® Venture Market , a US trading platform that is operated by the OTC Markets Group in New York. Effective today, the Company will commence trading on the OTCQB ® under the symbol PMOMF. The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol PRIZ. Investors can find [...]
Prismo Metals Inc. is pleased to announce that it has selected a drill contractor for its upcoming drilling campaign on its Palos Verdes project, which is contiguous to Vizsla Silver Corp. Panuco silver-gold project located in Sinaloa, Mexico. The drilling campaign is expected to commence on or about the first week of August subject to the receipt of the extension of the Company's permit, which is expected shortly. The [...]
Prismo Metals Inc. is pleased to announce that it has completed its previously announced financing for gross proceeds of $682,125 through the exercise of warrants by certain warrantholders, including a number of insiders. "The proceeds received by Prismo will be primarily used to drill a minimum of 2,000 meters of HQ core at the Company's Verdes property in several holes to test mineralization at depth under the [...]
Prismo Metals Inc. is pleased to announce that it has reached an agreement with certain of its warrantholders, including a number of insiders , to exercise a total of up to 6,821,250 outstanding founder warrants for gross proceeds of $682,125. The Warrants were issued to such Warrantholders in 2018 and 2019, prior to the Company's initial public offering. Each Warrant entitles the holder thereof to purchase one common [...]
Prismo Metals Inc. is pleased to announce that it has appointed Allan Frame as Director of Business Development. Mr. Frame recently retired from the investment business. During his successful forty-seven-year career, Mr. Frame focused primarily on working with mining companies, helping them raise over $100 million and having had the benefit of being associated with multiple major discoveries, including the Snip Deposit [...]
Prismo Metals Inc. is pleased to provide an update for the ongoing initial exploration program at the Los Pavitos project in Sonora State, Mexico. Mapping and sampling at the project began in January and has progressed on-time and on schedule, covering a large portion of the 5,300-hectare concession. Assay results have been received for 169 samples with the best results from the Las Auras and Santa Cruz areas with [...]
Prismo Metals Inc. is pleased to announce that it has mobilized a crew of geologists to the Company's Los Pavitos project in Sonora State. "We are excited to begin the exploration program on our Los Pavitos project, the most significant work undertaken to date," said Craig Gibson, President and CEO of the Company. "Prismo Metals' Director Rafael Gallardo and I were accompanied by the geologists in a recent meeting with [...]
Prismo Metals Inc. is pleased to announce that, effective January 31, 2022, Carmelo Marelli will be appointed as Chief Financial Officer and Corporate Secretary of the Company. "On behalf of the Board I wish to welcome Carmelo to the Prismo Metals' team," said Craig Gibson, President and CEO of the Company. "I also want to recognize the work from our current Chief Financial Officer and Corporate Secretary Salvador [...]
Prismo Metals Inc. is pleased to announce that it has completed the first closing of a non-brokered private placement by issuing a total of 3,666,666 units at a price of $0.30 per Unit for total gross proceeds of $1,010,000. "On December 7th, 2021, the Company announced Prismo's intention to complete a private placement of up to $2 million. This remains our plan. Given the holiday season, we decided to proceed with two [...]
Prismo Metals Inc. is pleased to confirm that in connection with its previously announced private placement of units of the company , such units will also be offered to Prismo shareholders of record as of the close of business on December 7, 2021 pursuant to the "Exemption from prospectus requirement for certain trades to existing security holders" of BC Instrument 45-534, and similar prospectus exemptions in other [...]