Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to report assay results from its 2025 reverse circulation ("RC") drill program at its Cruz de Plata silver-gold project, located in Durango, Mexico. The Company is reporting assay results from nine (9) drill holes.Highlights:Drilling at Cruz de Plata returned one of Capitan's best intercepts to date; the new high-grade zone that is developing along the Jesus Maria Si ...

Based on +598% share price appreciation and +931% market capitalization growth in 2025Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to announce that it has been included in the TSX Venture 50 list based on the Company's +598% share price appreciation (ranked 10th) and +931% market capitalization growth (ranked 15th) in 2025.The TSX Venture 50 is a ranking of the 50 top-performing companies on the TSX Venture Exc ...

Core Insights - Captivision Inc. announced positive results from an independent assessment by Hard Rock Consulting, reaffirming the gold and precious metals resources of Montana Tunnels Mining Inc. and its Montana Tunnels Mine [1][2] - The assessment identified significant opportunities to expand mining output through exploration and technology, potentially extending the mining life of Montana Tunnels Mining Inc. beyond the current estimate of 10 years [2][3] - Captivision plans to acquire Montana Tunnels Mining Inc., with the transaction expected to close in the first quarter of 2026, and intends to reposition as a diversified gold mining and related services business, renaming itself Montana Gold Inc. [3] Company Developments - The HRC report confirms substantial reserves of gold, silver, and other precious metals, indicating significant growth potential for the mining life of the asset [3][6] - Captivision has executed a letter of intent to acquire Montana Tunnels Mining Inc., with ongoing negotiations for an extension of the LOI's mutual exclusivity [3] - The company plans to disclose mineral resources and reserves through a Regulation SK-1300 filing following the acquisition [2] Market Position - The findings from the HRC report position Montana Gold Inc. as an early-stage diversified mining growth company with a clear operational plan [3] - The planned restart of mining operations is anticipated within the year, reflecting the company's strategic direction towards mining [3]

Core Insights - Capitan Silver Corp. has reported assay results from its 2025 reverse circulation drill program at the Cruz de Plata silver-gold project in Durango, Mexico, highlighting the expansion of high-grade silver zones [1][2][3] Drill Results - The drilling program focused on high-priority targets, particularly new high-grade silver zones developing east and west of the Peñoles Fault, with an emphasis on extending high-grade mineralization to depth [5][6] - Drill hole 25-ERRC-37 intersected multiple high-grade zones, extending mineralization down-dip by 20m to 80m, with a strike length of approximately 140m east-west and 220m down-dip, remaining open at depth [6][8] - Drill hole 25-ERRC-32 confirmed continuity of mineralization, extending the high-grade zone approximately 10m down-dip from drill hole 25-ERRC-20 [7][8] - Significant assay results include 1,833.1 g/t AgEq over 1.5m within a broader zone of 340.4 g/t AgEq over 21.3m from drill hole 25-ERRC-37, and 1,254.8 g/t AgEq over 1.5m from drill hole 25-ERRC-32 [8][13] Project Development - The company has ramped up its drilling capacity by adding a second drill rig to the Cruz de Plata project, enhancing its exploration efforts [8][18] - Final assays are pending for 24 additional drill holes, indicating ongoing exploration and potential for further high-grade discoveries [8][18] Company Overview - Capitan Silver is focused on defining a new high-grade silver system at the Cruz de Plata project, supported by a management team with a successful track record in advancing projects to production [18][29] - The company maintains a tight share structure, with the top three shareholders owning approximately 37% of its share capital, and is fully funded for its drilling activities [18][29]

Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to report that a second drill rig has arrived on site and has commenced drilling at the Company's Cruz de Plata silver-gold project in Durango, Mexico. The newly arrived core rig joins a reverse circulation ("RC") rig that is already drilling on the property.An aggressive 60,000-metre drill program is planned for Capitan's Cruz de Plata project in 2026. This will be t ...

Core Insights - Capitan Silver Corp. has reported positive assay results from its 2025 reverse circulation drill program at the Cruz de Plata silver-gold project in Durango, Mexico, indicating the potential for a large mineralized system [1][3][20] Drill Results - The drill program included eight drill holes, with significant high-grade intersections reported, such as drill hole 25-ERRC-34, which intersected 1,130.1 g/t AgEq over 1.5m within a broader zone of 240.5 g/t AgEq over 25.9m [4][5][14] - Drill hole 25-ERRC-36 extended mineralization from 60 to 90m down-dip, with results including 306.6 g/t AgEq over 1.5m and 223.6 g/t AgEq over 3.0m [5][8] - The new Encarnación Zone was discovered, with drill hole 25-ERRC-29 intersecting 90.3 g/t AgEq over 3.0m, including 133.96 g/t AgEq over 1.5m, indicating the expansion of the silver system [13][14] Future Plans - The company has commenced a 60,000-metre multi-rig drilling program at Cruz de Plata, with additional rigs expected to join the existing operations [5][20] - There is an anticipation of increased news flow and assay results from the remaining 33 completed drill holes, which are expected to provide further insights into the mineralization potential [5][18] Management Commentary - CEO Alberto Orozco expressed optimism regarding the drill results, highlighting the extension of the Jesús María vein and the identification of additional veins that warrant further drilling [3][5]

Core Viewpoint - Capitan Silver Corp. has initiated a significant 60,000-metre drilling campaign for 2026 at its Cruz de Plata silver-gold project in Durango, Mexico, which represents a 400% increase in drilling compared to the previous year [1][4]. Exploration Program & Highlights - The 2026 drilling program aims to more than double the total drilling completed at the Cruz de Plata project to date [3]. - The campaign will utilize both Reverse Circulation (RC) and core drilling methods, ramping up from one RC rig to a total of four rigs, including three core rigs [4]. - Key targets for the drilling include expanding advanced silver-mineralized zones along the 3.7-km Jesus Maria Silver Trend and testing new high-grade silver targets at Casco Norte, La Purisima, and Jesus Maria Northwest [4]. - Additional drilling will focus on further defining the Capitan Hill Gold Deposit and exploring new gold opportunities [4]. Financial Position - Capitan Silver is well-funded for 2026, having raised C$29 million from institutional investors in December 2025, which positions the company favorably for its exploration activities [4][20]. - The company successfully completed two financings: a C$23 million bought deal and a C$6 million private placement [9]. Achievements in 2025 - The year 2025 was transformative for Capitan, marked by the resumption of drilling after a halt in 2023 due to high capital costs [8]. - The company consolidated its land package and completed a buyback of the main royalty on its flagship project, enhancing its value proposition [9]. - Significant drilling results from 2025 included high-grade intervals, such as 2,636 g/t Ag over 1.5m in drillhole 25-ERRC-12 [13]. Strategic Developments - Capitan eliminated the main royalty on the Cruz de Plata project by purchasing the Altiplano royalty for US$1 million, maximizing shareholder returns [14]. - The company expanded its land position by 85% through the acquisition of seven mineral concessions adjacent to Cruz de Plata [15]. - A technical report for the Capitan Hill Oxide Gold Deposit was filed, providing a mineral resource estimate in accordance with National Instrument 43-101 [18]. Management and Governance - The management team has been strengthened with key hires to support the company's growth, including experienced professionals in exploration and investor relations [20]. - Capitan Silver maintains a tight share structure, with the top three shareholders owning over 38% of the company's share capital [21].

Core Viewpoint - Captivision Inc. has received an extension from the Nasdaq Hearings Panel to regain compliance with Nasdaq Listing Rules, specifically regarding the filing of audited financial results for the fiscal year 2024 and interim financial statements for the first half of 2025 [1][2] Compliance and Regulatory Updates - The Nasdaq Hearings Panel has granted Captivision an extension to demonstrate compliance with the Periodic Filing Rule by March 31, 2026, for the 2024 fiscal year audited financial results, and by April 17, 2026, for the first half of 2025 financial results [1] - Captivision received a letter from Nasdaq on January 2, 2025, indicating non-compliance with Nasdaq Listing Rule 5250(c)(2) due to the failure to file Form 6-K with interim financial statements for the period ended June 30, 2025 [2] Strategic Acquisition - Captivision has entered into a letter of intent to acquire Montana Goldfields subsidiary Montana Tunnels Mining Inc., which will transform the company into a diversified gold mining and related services entity, to be renamed Montana Gold Inc. [3] - The acquisition aims to position Captivision as a Nasdaq-listed company with significant proven reserves in precious metals and potential rare earth elements, enhancing its infrastructure, management, and access to capital [3] Market Position and Future Outlook - The planned acquisition is expected to capitalize on the growing demand for responsibly sourced mining assets and the focus on domestic supply chain security [3]

Core Viewpoint - Captivision Inc. is engaging Hard Rock Consulting to reaffirm the gold and precious metals reserves of Montana Tunnels Mining, Inc. as part of its planned acquisition, which will lead to a rebranding as Montana Gold Inc. [1] Group 1: Acquisition Details - Captivision has executed a letter of intent to acquire Montana Tunnels Mining, Inc., which is a wholly owned subsidiary of Montana Goldfields, Inc. [1] - The acquisition aims to reposition the company as a diversified gold mining and related services business [1] Group 2: Consulting Engagement - Hard Rock Consulting specializes in geology, resource estimation, mine planning, and financial modeling, and has extensive experience with Montana Goldfields [2] - The engagement includes updates on mineral resources and reserves, mine planning, optimization, and overall economic evaluation [3] Group 3: Broader Asset Portfolio - HRC has experience with the broader Montana Goldfields mining asset portfolio, including the Diamond Hill mine and Golden Dream deposit [4] - The firm is positioned as a trusted technical partner as the company prepares to commence mining operations [4]

Core Viewpoint - Capitan Silver Corp. has entered into a subscription agreement with Schroder Investment Management Limited for a private placement of 2,955,665 common shares at C$2.03 per share, raising approximately C$6 million, contributing to a total equity raise of about $29 million through recent financing efforts [1][2]. Company Overview - Capitan Silver is focused on developing a high-grade silver system at its Cruz de Plata project in Mexico's primary silver belt, led by an experienced management team that has successfully advanced multiple projects to production [4]. - The company maintains a tight share structure, with the top three shareholders owning over 37% of its share capital, and is fully funded for ongoing drilling activities at the Cruz de Plata project [4]. Investment Details - The private placement with Schroders is expected to close in the first week of January 2026, subject to necessary approvals, and the proceeds will be used for exploration activities and general corporate purposes [2]. - The recent "bought deal" offering raised $23 million, introducing new institutional investors to the company, which is seen as a positive step for broadening its institutional shareholder base [2]. Schroders Overview - Schroders is a leading global investment manager with £776.6 billion in assets under management as of June 30, 2025, and has a strong history of investing in the precious metals sector [5]. - The firm operates across various asset classes and client types, providing active management and investment solutions through its diversified business model [6][7].