Capitan Mining Inc. (TSXV: CAPT) has revealed it will be changing its name to Capitan Silver Corp to reflect its primary focus on the recently consolidated silver trend at the Cruz de Plata project in Durango, Mexico.
The TSX Venture Exchange has approved the change of name and the Company will begin trading under its new name on March 23, 2023. Capitan Silver Corp. will continue to trade under the same symbol ‘CAPT’ on the TSX Venture Exchange and the number of shares outstanding will not change.
The new CUSIP and ISIN numbers for Capitan Silver Corp. are 14055C108 and CA14055C1086 respectively.
“We are making great progress at our Cruz de Plata Project. While it is early days, we are quite delighted by the robust nature of the silver system that runs through our property and quite excited about the un-drilled potential at the project,” CEO, Alberto Orozco, said.
“The property is target rich, with our main zones of mineralization continuing to grow along strike and at depth. Additionally, our recently-announced transaction with Fresnillo has increased the scale of our silver targets by consolidating the main silver trend within the property package. We feel the name change to Capitan Silver Corp. better reflects the opportunity for investors.”
About Capitan Mining Inc.
Capitan Mining is a well-funded junior exploration company focused on its wholly-owned Cruz de Plata Project in Durango, Mexico. The property hosts a 2.5 km silver mineralized trend with multiple silver zones with scale identified to date.
The company is led by a management team that has successfully advanced and developed several heap leach operations in Mexico over the past 16 years.
For further information please visit: https://capitanmining.com/