• Arizona Gold & Silver closed a private placement raising CDN 18 million from Sorbie Bornholm LP, Sorbie Investments LLP at CDN 0.8 per unit.
• Issued 22,500,000 units; each unit includes one common share, one-half warrant; 11,250,000 warrants total, three-year term.
• Warrants split between CDN 1 exercise price at closing, later tranches priced at a 20% premium to 20-day VWAP.
• Proceeds earmarked to advance the Philadelphia, Silverton properties, fund general working capital; cash released via 24 monthly settlements.
• Settlement benchmark price set at CDN 1.07; higher prices increase proceeds, lower prices reduce proceeds without issuing extra shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arizona Gold & Silver Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202606011140TNWSWRCACNPR_____1A0vFwYpP) on June 01, 2026, and is solely responsible for the information contained therein.