Prince Silver announces a $3.0 million non-brokered private placement

VANCOUVER, BRITISH COLUMBIA / ACCESS Newsline / January 27, 2026 / Prince Silver Corp. (CSE:PRNC,OTC:PRNCF)(OTCQB:PRNCF)(T130:Frankfurt) (“Prince Silver” or the “Company”) is pleased to announce a non-brokered private placement of up to 4,687,500 units of the company (“Units“) at a price of $0.70 per unit for a total gross proceeds of maximum $3,000,000 (the “Private placement‘). Each Unit will consist of one common share (a “Common share“) and a warrant to purchase half an ordinary share, with each full warrant (a “Deposit“) exercisable to purchase one common share at a price of $1.00 for 24 months from the date of issue; provided that if the closing price of the Company’s common stock for any period of 10 consecutive trading days is $1.40 or greater, the Company shall have the right to accelerate the expiration date of the Warrants upon notice by press release and the Warrants shall thereafter expire on the 30th calendar day following the date of such press release.

The Company intends to pay finder’s fees in an amount equal to 7% to eligible finders, in accordance with applicable securities laws and the policies of the Canadian Stock Exchange (“CSE“). The Private Placement is subject to the approval of the CSE, and all securities issued under the Private Placement will be subject to statutory hold periods expiring four months and one day from the date of closing of the Private Placement in accordance with applicable securities laws and CSE policies.

The Company intends to use the net proceeds from the Offering to further the exploration and development activities of its business Prince Silver Project in Nevadaas well as for working capital and general corporate purposes. The closing of the Offering is subject to customary closing conditions, including the approval of the Canadian Securities Exchange.

About Prins Silver Corp.

Prince Silver Corp. is a silver exploration company further developing its former Prince Silver-Zinc-Manganese-Lead Mine in Nevada, USA. With surface mineralization historically tested by more than 129 holes and open in all directions, the Prince Project provides a clear path to an initial 43-101 compliant resource estimate. The company also has an interest in the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry system located 15 km north-northwest of the Prince Silver Project, highlighting Prince Silver’s focus on promising, strategically located exploration assets.

On behalf of the Board of Directors

Derek Iwana, CEO and director
Phone: 604-928-2797
Email: info@princesilvercorp.com
Website: www.princesilvercorp.com

Forward-looking information

Certain statements in this press release are forward-looking statements, including with respect to future plans and other matters. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking phrases such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variants. Some of the specific forward-looking information contained in this press release includes, but is not limited to, statements regarding: current and proposed drilling programs, changes to the Company’s website, real estate option payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in preparing forward-looking information may prove to be incorrect. Events or circumstances could cause actual results to differ materially from those projected as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, including but not limited to business, economic and capital market conditions, the ability to control operating costs, dependence on key personnel, the completion of satisfactory due diligence relating to the acquisition and related transactions, and compliance with real estate option agreements. Such statements and information are based on numerous assumptions regarding current and future business strategies and the environment in which the company will operate in the future, its expected costs and its ability to achieve goals. Factors that could cause actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, litigation, the inability of counterparties to fulfill their contractual obligations, the inability to obtain regulatory or corporate approvals, exploration results, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements in this press release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on forward-looking information.

The forward-looking statements in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or any state securities laws, and may not be offered or sold within the United States or to US Persons (as defined under the US Securities Act) unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE: Prince Silver Corp.

View the original press release on ACCESS Newswire