Masivo Silver Corp. announced a non-brokered private placement of up to 48,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of up to CAD 2,400,000 on May 12, 2022. Each unit will consist of one common share and one non-transferable common share purchase warrant exercisable at CAD 0.10 to purchase an additional common share for a period of 24 months from closing.

The company may pay finder's fees pursuant to the policies of the TSX Venture Exchange.