Prismo Metals Inc. is pleased to announce that it has completed its previously announced debt settlement transactions with certain creditors of the Company , pursuant to which the Company has issued to the Creditors an aggregate of 4,451,175 common shares of the Company at issue prices ranging from $0.075 to $0.23 per Common Share in full and final settlement of accrued and outstanding indebtedness in the aggregate amount [...]
Prismo Metals Inc. is pleased to announce an updated exploration model for its Hot Breccia project in Southern Arizona. Steve Robertson, President of Prismo Metals stated: "The results of the geophysical survey when taken in conjunction with the historical exploration data and the AI study provide a compelling exploration model for the Hot Breccia project. The data sets complement each other nicely and combine to form a [...]
Prismo Metals provided an update regarding its projects, as well as recent corporate activities. "The priority for Prismo in 2025 remains raising the necessary capital to undertake a 5,000-meter drill program at our Hot Breccia copper project located in the heart of the prolific Arizona Copper Belt", said Alain Lambert, CEO of Prismo. The Hot Breccia copper project consists of 1,420 hectares in 227 contiguous mining [...]
Vancouver - December 2nd, 2024 - Prismo Metals Inc. is pleased to announce the offering of a minimum of 13,500,000 units of the Company up to a maximum of 20,000,000 Units at an issue price of $0.15 per Unit for minimum gross proceeds of $2,025,000 up to $3,000,000 in gross proceeds. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant of the Company [...]
Prismo Metals Inc. announces that it has entered into debt settlement agreements with certain creditors of the Company pursuant to which the Company has agreed to issue to the Creditors, and the Creditors have agreed to accept, 100,000 common shares of the Company at a deemed issue price per share of $0.21 and 17,500 common shares of the Company at a deemed issue price per share of $0.20 per share in full and final [...]
Prismo Metals Inc. is pleased to announce that it has received the results of the artificial intelligence study at the Hot Breccia project in Southern Arizona undertaken by Exploration Technologies Inc. of California, USA. The AI study results provide support for the Company's exploration plan at the project, identifying the most likely location for a large body of sulfide mineralization as the same general area as the [...]
Prismo Metals Inc. is pleased to announce that drilling at its Palos Verdes project in Mexico has started. Hole PV-24-34 of this collaborative drilling program with Vizsla Silver Corp.'s was collared on Vizsla's property. The planned length of the first hole is 250 meters out of a total expected 1,250 meters in the first phase of the program now underway. Dr. Craig Gibson, Co-Founder and Chief Exploration Officer of the [...]
Prismo Metals Inc. announces that, pursuant to the Company's long-term incentive plan, it has granted a total of 1,275,000 stock options to certain directors and officers of the Company and 200,000 Options to certain consultants of the Company. The Options are each exercisable to purchase one common share of the Company at an exercise price of $0.205 for a period of five years. The Options will vest over one year, with [...]
Prismo Metals Inc. is pleased to announce that it has updated the mineralization model for the Hot Breccia project in Southern Arizona based on important historical information recently acquired from a third party. The information includes historic Bear Creek Mining Company exploration data, gathered between the completion of a masters thesis by Larry Barrett through the completion of their first drill hole on our Hot [...]
Prismo Metals Inc. announces that it has entered into a debt settlement agreement with a creditor of the Company pursuant to which the Company has agreed to issue to the Creditor, and the Creditor has agreed to accept 180,000 common shares of the Company at a deemed issue price of $0.17 per share in full and final settlement of accrued and outstanding indebtedness in the amount of $30,600. The Settlement Shares will be [...]
Prismo Metals Inc. is pleased to announce that a man-portable drill is mobilizing for the Company's upcoming drill program at the Palos Verdes property located in the Panuco district in Sinaloa, Mexico. Drilling is planned to begin the week of August 5th. The drilling program is a collaborative effort between Prismo and Vizsla Silver Corp. and will test targets on the Palos Verdes concession utilizing drill pads located [...]
Prismo Metals Inc. is pleased to announce that it has received permit approval from the Bureau of Land Management for ten drill pads, at the Hot Breccia copper project in Southern Arizona. The drill pads will allow for drilling to test the prospective stratigraphy below the cover volcanic rock over a wide area, and in particular the large conductive anomaly identified by Prismo's 2023 ZTEM survey. Ground mapping [...]