Zacatecas Silver Corp. announced a non-brokered private placement financing of 18,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 1,800,000 on January 29, 2024. Each Unit will consist of one common share and one half of one common share purchase warrant.

Each Warrant will entitle the holder to purchase a Common Share at an exercise price of CAD 0.15 for a period of two years from the date of issue. The securities under the Offering will be subject to restrictions on resale expiring four months and day after issue. The Company may pay registered finders a fee in cash and/or share purchase warrants.