On July 24 and 31, 2025, Sierra Madre Gold and Silver Ltd. completed a brokered private placement of 27,858,000 units at a price of $0.70 per unit for total gross proceeds of approximately $19.5 million.
Beacon Securities Limited acted as lead agent and sole bookrunner, on behalf of a syndicate of agents including Canaccord Genuity Corp. in connection with the offering.
Cassels acted for the agents.