Capitan Silver Corp. announced a non brokered private placement to issue 10,000,000 common shares at an issue price of CAD 0.15 per share for the gross proceeds of CAD 1,500,000 on March 4, 2024. The closing of the Private Placement is expected to occur on or about March 29, 2024 and is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX-V. All securities issued pursuant to the Private Placement will be subject to a four month hold period in accordance with applicable Canadian securities laws.