Maverick Gold and Silver Raises CAD 554,000 in First Tranche of Private Placement

Maverick Gold and Silver closed its first non-brokered private placement tranche on October 16, 2026, raising C$ 554,000. The tranche comprised 11,080,000 units at C$ 0.05 each, with each unit containing one common share and one common share purchase warrant. Each warrant allows purchase of one additional common share at C$ 0.10 until October 16, 2028, subject to accelerated expiry. Net proceeds are intended for working capital and general corporate purposes. Finders received C$ 22,000 in cash and 440,000 non-transferable warrants exercisable at C$ 0.10 until October 16, 2028. 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. Maverick Gold and Silver Corporation published the original content used to generate this news brief via (Ref. ID: 202610161648NEWSFILECNPR____20261016_319529_1) on October 16, 2026, and is solely responsible for the information contained therein. (C)