BULLETIN V2025-4005
PINNACLE SILVER AND GOLD CORP. ("PINN")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: December 10, 2025
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the "Exchange") bulletin dated February 26, 2025, the Exchange has accepted documentation for the remaining finder's fees payable to an arm's length party (the "Finder"). The final finder's fees are related to the acquisition of the El Potrero gold-silver project in Durango, Mexico. The Company may pay up to US$298,000 in total cash and issue up to 191,580 shares to the Finder, contingent on the option payment schedule detailed below:
Milestone Cash (USD) Shares (#)
Initial Installment (Feb 24, 2025) - 71,580 (Paid)
Second Installment (8 months from signing the Definitive Agreement (the "DA")) $8,000.00 40,000
Third Installment (One year from signing the DA, Feb 24, 2026) $30,000.00 40,000
Commencement of Production or 4 years from signing the DA (whichever is first) $40,000.00 nil
One year after Commencing Production or 5 years from signing the DA (whichever is first) $60,000.00 nil
Two years after Commencing Production or 7 years from signing the DA (whichever is first) $120,000.00 nil
Contingent Resource Milestone: Establishment of a Mineral Resource Estimate (NI 43-101) of at least 350,000 gold equivalent ounces (Inferred category or better) $40,000.00 40,000
For further details, please refer to the Company's news releases dated February 24, 2025 and December 9, 2025.
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