Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Louis Doyle was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Feb 27
Blade Resources Inc agreed to acquire 95% stake in Hot Breccia copper project located in Arizona from Prismo Metals Inc. (CNSX:PRIZ). Blade Resources Inc agreed to acquire 95% stake in Hot Breccia copper project located in Arizona from Prismo Metals Inc. (CNSX:PRIZ) on February 26, 2025. A cash consideration of CAD 0.19 million will be paid by Blade Resources Inc. The consideration consists of 6.75 million common equity of Blade Resources Inc to be issued for assets of Hot Breccia copper project located in Arizona. Following completion of the Transaction, Prismo will own approximately 24% of Blade’s issued and outstanding shares and will be Blade’s largest single shareholder.
The expected completion of the transaction is March 2, 2026. Anuncio • Feb 18
Prismo Metals Inc. announced that it has received CAD 0.1475 million in funding Prismo Metals Inc. announces that it has closed non-brokered private placement of 1,475,000 Units at an issue price of CAD 0.10 per Unit for gross proceeds of CAD 147,500 on February 17, 2026. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one Share for a period of thirty-six (36) months from the date of issue at an exercise price of CAD 0.175. In connection with the Private Placement, the Company issued an aggregate of 118,000 finder’s warrants and paid finder’s commissions of CAD 11,800 to a certain qualified finder. All securities issued or issuable in connection with the Private Placement are subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. Anuncio • Jan 13
Prismo Metals Inc. announced that it has received CAD 2.404 million in funding On January 12, 2026, Prismo Metals Inc. closed the transaction and completed its fourth and final tranche. The company issued 2,000,000 Units at a price of CAD 0.10 for gross proceeds of CAD 200,000 in its fourth tranche. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one Share for a period of 36 months from the date of issue at an exercise price of CAD 0.175. The transaction included participation from new shareholder or a subscriber who became a shareholder of the company through our 2025 private placement. In connection with the Closing, the Company issued an aggregate of 120,000 finder’s warrants and paid finder’s commissions of CAD 12,000 to a certain qualified finder. Each Finder’s Warrant is exercisable for a period of twenty-four (24) months from the date of issuance to purchase one Share at a price of CAD 0.10. In addition, the Company paid a cash fee of CAD 3,000 to a financial advisor. The Units issued pursuant to the Closing are subject to a four-month hold period from the closing date of the Closing under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. Anuncio • Jan 07
Prismo Metals Inc. Announces Assay & IP Survey Results at Silver King Prismo Metals Inc. announced it has received final assay results for samples taken at the Silver King Project from the Crown porphyry target area located on the east side of the property. Overlimit silver assays have been received for the samples taken in late 2025, showing high grade silver mineralization associated with quartz-sulfide veins hosted by the Crown porphyry. These assays provide evidence for a high-priority drill target, especially when taken in conjunction with the high gold assays reported previously for the stockwork intrusion. The Company also completed a pole-dipole IP survey over a part of the Silver King project in December 2025. This survey was designed to provide some additional 3-dimensional data for areas identified during the initial gradient array survey. This new survey confirmed the presence of important chargeability and resistivity anomalies at the Silver King project. The Silver King silver mine appears to be associated with a large low resistivity anomaly located on the contact of the Silver King diorite porphyry. There is also low resistivity anomalies associated with the Crown porphyry and near the replacement mineralization at Black Diamond. The highest chargeability anomalies appear to be associated with the altered country rocks along intrusive contacts, but a chargeability high is also associated with the Crown porphyry stockwork intrusion. The anomaly associated with the Crown porphyry is particularly interesting and can be traced from shallow levels to about 300 meters in depth. Prismo recently announced that the Forest Service, the federal surface land management entity for Silver King, had determined that the Company's proposed drill plan meets the regulatory requirements for processing, and that such plan is complete, as described in the regulations at 36 CFR 228.4(c). The Forest Service is currently proceeding with the environmental analysis pursuant to 36 CFR 228(a)(5) in conformity with the National Environmental Policy Act (NEPA). This analysis is proceeding as a Categorical Exclusion, the lowest level of environment reviews applicable to projects that are not expected to have a significant effect on the environment, such as Silver King. Anuncio • Jan 01
Prismo Metals Inc. announced that it has received CAD 2.204 million in funding On December 31, 2025, Prismo Metals Inc. closed the transaction. The company issued 2,940,000 Units at a price of CAD 0.10 for gross proceeds of CAD 294,000 in its third and final tranche. Each Unit consists of one common share in the capital of the Company (a “Share”) and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one Share for a period of thirty-six (36) months from the date of issue at an exercise price of CAD 0.175. The Units issued pursuant to the Closing are subject to a four-month hold period from the closing date of the Closing under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. In connection with the Closing, the Company issued an aggregate of 185,200 finder’s warrants and paid finder’s commissions of CAD 18,520 to a certain qualified finder. Each Finder’s Warrant is exercisable for a period of twenty-four (24) months from the date of issuance to purchase one Share at a price of CAD 0.10. In addition, the Company paid a cash fee of CAD 7,000 to a financial advisor. Anuncio • Nov 14
Prismo Metals Inc. announced that it has received CAD 1.745 million in funding November 13, 2025, the company has closed the transaction. The company has upsized and issued 17,450,000 units at an issue price of CAD 0.10 per unit for gross proceeds of CAD 1,745,000. The Company expects to accept additional subscriptions of Units in the coming days for an approximate amount of CAD 125,000. In connection with the closing of the Private Placement, the Company issued an aggregate of 919,960 finder’s warrants and paid finder’s commissions of CAD 92,398 to certain qualified finders. Each Finder’s Warrant is exercisable for a period of twenty-four months from the date of issuance to purchase one Share at a price of CAD 0.10. In addition, the Company paid a cash fee of CAD 15,000 to a financial advisor. Anuncio • Oct 21
Prismo Metals Inc. announced that it expects to receive CAD 1.25 million in funding Prismo Metals Inc. announced a non-brokered private placement to issue 12,500,000 units at an issue price of CAD 0.10 for gross proceeds of CAD 1,250,000 on October 20, 2025. 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. Each warrant will entitle the holder to purchase one share for a period of thirty-six months from the date of issue at an exercise price of CAD 0.175. The private placement will also be made available to existing shareholders of the company. The units issued pursuant to the private placement will be subject to a four-month hold period from the closing date of the private placement under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The company may pay finder's fees to eligible finders in connection with the private placement, subject to compliance with applicable securities laws and Canadian Securities Exchange policies. Anuncio • Jul 28
Prismo Metals Inc., Annual General Meeting, Oct 02, 2025 Prismo Metals Inc., Annual General Meeting, Oct 02, 2025. Anuncio • Jul 22
Prismo Metals Inc. announced that it has received CAD 0.692 million in funding On July 31, 2025, Prismo Metals Inc closed the transaction. The company issued 2,340,000 units at a price of CAD 0.05 per unit for aggregate gross proceeds of CAD 117,000 in its second and final tranche. In connection with the second tranche, the Company issued an aggregate of 12,000 finder’s warrants and paid finder’s commissions of CAD 600 to certain qualified finders. Each Finder’s Warrant is exercisable for a period of 24 months from the date of issuance to purchase one Share at a price of CAD 0.10. The securities issued in connection with the offering will be subject to a hold period of 4 months from the closing date. Anuncio • Dec 03
Prismo Metals Inc. announced that it expects to receive CAD 3 million in funding Prismo Metals Inc. announced a private placement that it will issue minimum of 13,500,000 units of the company and maximum of 20,000,000 units of the company at a price of CAD 0.15 per unit for the minimum gross proceeds of up to CAD 2,025,000 and maximum gross proceeds of up to CAD 3,000,000 on December 2, 2024. Each unit will consist of one common share in the capital of the company and one-half common share purchase warrant of the company. Each warrant will entitle the holder to purchase one share for a period of 24 months from the date of issue at an exercise price of CAD 0.25. The units issued pursuant to the non-LIFE exemptions and the existing securityholder exemption will be subject to a four-month hold period from the closing date of the offering under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The company may pay finders' fees to eligible finders in connection with the offering, subject to compliance with applicable securities laws and Canadian Securities Exchange policies. Anuncio • Oct 15
Prismo Metals Inc. Announces Results of the Artificial Intelligence Study At the Hot Breccia Project in Southern Arizona Prismo Metals Inc. announced 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 historic drilling and the dike swarm with xenoliths of Cu-bearing skarn as well as the conductive anomaly from the 2023 ZTEM survey. The postulated sulfide mineralization measures 1,100 meters by 1,150 meters. ExploreTech's computer simulations have identified a large exploration target defined by the overlap of the numerous geological models. The study supports Prismo's model for mineralization and conforms with several key features, including (i) the presence of high-grade skarn mineralization at relatively shallow depths in historic drill holes, (ii) the presence of two areas where copper skarn fragments are present as xenoliths in quartz diorite dikes, and (iii) the location of a deeper IP anomaly in the historic information. A drill hole optimization routine has identified several sets of potential exploration drill holes to test the greatest number of the models and has picked several important drill sites including in the area of historic holes OC-1, OCC-7 and OCC-8 as well as one kilometer to the west at historic hole OC-2. The Company is in the process of finalizing the drill hole selection. Historical drill holes cut high grade skarn mineralization including 23 meters with 0.54% Cu at 640 meters depth (hole OC-1), 18 m with 1.4% Cu and 4.65% Zn at 830 meters depth (hole OCC-7), and 7.6 m with 1.73% Cu and 0.11% Zn at 703 meters and 4.6 meters with 1.4% Cu and 0.88% Zn at 716 meters (OCC-8). Mineralization occurs within a several hundred-meter-thick altered zone hosted in favorable Paleozoic carbonate rocks that underly a sequence of Cretaceous andesitic volcanic rocks. These carbonates are the same rocks that host the high-grade copper mineralization at Freeport's nearby Christmas mine. Recently acquired data indicate that a mineralized intrusion, believed to be the source of the mineralization at Hot Breccia, is associated with the skarn mineralization. The Company has budgeted $3.0 million to execute a proposed 5,000 metre program consisting of three to five deep drill holes. Each drill hole is intended to drill through the entire prospective Paleozoic carbonate stratigraphy into the postulated porphyry body/breccia zone. Prismo anticipates 1,000 to 1,500 metres per drill hole, and the exploration team will take advantage of geological information provided by each hole during drilling to refine targeting of subsequent holes. The drill program at the Company's Palos Verdes silver project located in Sinaloa, Mexico is ongoing. 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. The goal of the first phase of drilling is designed to explore the vein system to the west of the fault below the zone of bonanza grade intercepts from the previous campaigns. The first hole is designed to cut both the Palos Verdes vein as well as the high-grade gold- silver vein about 50 meters downdip from the previous intersections. Assays reported from last year's drilling include hole PV-23-25 with 102 g/t gold, 3,100 g/t silver and 0.26% zinc over 0.5 meters, or 11,520 g/t silver equivalent - the highest-grade intercept recorded at the project to date. Anuncio • Sep 25
Prismo Metals Inc Starts Drilling At Prismo Metals' Palos Verdes Project Prismo Metals Inc. announced 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 (Vizsla) 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. As announced on July 31st, 2024, Prismo's team mobilized at Palos Verdes in early August and immediately began preparation for the drill program with strategic partner Vizsla. The plan as designed will allow to test targets on the Palos Verdes concession with greater efficiency by utilizing drill pads located on Vizsla's concessions adjacent to Palos Verdes. Geologic modelling completed after that drilling shows that the Palos Verdes vein system is apparently comprised of at least three discrete structures: The main Palos Verdes vein with a steep southeast dip located on the west side of the northwest-southeast fault, A steeply southeast dipping hanging wall vein; and A relatively flat lying vein that has high gold-silver ratios, similar to those in the western part of the Panuco district where Vizsla Silver has found the Napoleon and Copala resource areas. Prismo's 3,000-meter drill program follows three main target recommendations made by the Panuco Joint Technical Committee comprised of Prismo's Chief Exploration Officer Dr. Craig Gibson, Vizsla Silver's VP Exploration Dr. Jesus Velador and Advisor Dr. Peter Megaw. The three main goals are: Trace the down dip extension of the mineralized shoot defined by previous drilling on the southwest portion of the vein. Seek continuation of the vein on the northeast extension of the vein across a cross-fault believed to have offset the vein downward. Test the extreme northeasterly extension of the Palos Verdes vein system near the concession limit adjacent to the historical Jesusita mine. New Risk • Sep 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.4m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 61% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€7.19m market cap, or US$7.94m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). Anuncio • Aug 02
Prismo Metals Inc. Mobilizes for Palos Verdes Drilling Prismo Metals Inc. announced 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 5. 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 on Vizsla's concessions adjacent to Palos Verdes for greater drilling efficiency. The drill program follows three main target recommendations made by Panuco Joint Technical Committee comprised of Prismo's Chief Exploration Officer Dr. Craig Gibson, Vizsla Silver's VP Exploration Dr. Jesus Velador and Advisor Dr. Peter Megaw. The program has three main goals: Trace the down dip extension of the mineralized shoot defined by previous drilling on the southwest portion of the vein. Seek continuation of the vein on the northeast extension of the vein across a cross-fault believed to have offset the vein downward. Test the extreme northeasterly extension of the Palos Verdes vein system near the concession limit adjacent to the historical Jesusita mine. This is the Company's fourth drill campaign on Palos Verdes and is designed to test the vein up to one hundred meters below the high-grade mineralization cut by several previous holes. Assays reported from last year's drilling include hole PV-23-25 with 102 g/t gold, 3,100 g/t silver and 0.26% zinc over 0.5 meters, or 11,520 g/t silver equivalent - the highest-grade intercept recorded at the project to date. Geologic modeling completed after that drilling shows that the Palos Verdes vein system is apparently comprised of at least three discrete structures: 1) The main Palos Verdes vein with a steep southeast dip; 2) A steeply southeast dipping hangingwall vein; and 3) A relatively gold-rich flat lying vein that has high gold-silver ratios similar to those in the western part of the camp. Anuncio • Jul 12
Prismo Metals Inc. Secures Permit Approval for Deep Drilling Program At Hot Breccia Copper Project in Arizona Prismo Metals Inc. announced that it has received permit approval from the Bureau of Land Management ("BLM") 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, prospecting and sampling conducted earlier this year has supported the targeting process and target selection. A bond has been posted with the Bureau of Land Management as the final step required before proceeding. Preparatory work in advance of drilling will be expedited by Prismo through the utilization of existing road infrastructure built in the 1970's, which requires only minor repair and maintenance. Upon confirmation and acceptance of the bond by BLM, road upkeep and maintenance will start to enable drilling to commence in third quarter 2024. The Company has established a budget of $3.0 million to complete the proposed five drill hole, 5,000 metre program. Each drill hole is intended to drill through the entire Paleozoic carbonate stratigraphy and Prismo anticipates 1,000 metres per drill hole although the exploration team will take advantage of the geological information provided by each drill hole to determine if any holes require extended drilling. Anuncio • Jun 19
Prismo Metals Inc. announced that it has received CAD 1.1475 million in funding On June 19, 2024, Prismo Metals Inc closed the transaction. The company issued 6,750,000 units at a price of CAD 0.17 per unit for the gross proceeds of CAD 1,147,500. In connection with the Private Placement, the Company issued an aggregate of 198,449 finder’s warrants and paid finder’s commissions in the aggregate of CAD 32,441.49 to certain qualified finders New Risk • Apr 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€5.88m market cap, or US$6.38m). Minor Risk Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Anuncio • Apr 06
Prismo Metals Inc. announced that it has received CAD 0.12825 million in funding On April 5, 2024, Prismo Metals Inc. closed the transaction. The securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months from the date of issuance.