Pinnacle Engages ITG as Market Maker and Closes Shares for Debt Settlement
250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. (604) 669 - 0868
TSXV: PINN OTC: PSGCF
Pinnacle Engages ITG as Market Maker and Closes
Shares for Debt Settlement
VANCOUVER, BRITISH COLUMBIA, July 17, 2025 (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J) –
Pinnacle Silver and Gold Corp. ("Pinnacle" or the “ Company") is pleased to announce that, subject
to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide
market-making services in accordance with TSXV policies. ITG will trade shares of the Company on the
TSXV and all other trading venues with the objective of maintaining a reasonable market and improving
the liquidity of the Company's common shares.
Under the agreement, ITG will receive compensation of CAD$5,000 per month, payable monthly in
advance. The agreement is for an initial term of one month and will renew for additional one -month
terms unless terminated. The agreement may be terminated by either party with 30 days' notice.
There are no performance factors contained in the agreement and ITG will not receive shares or
options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time
of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of
the Company.
Shares for Debt Settlement
Further to the Company’s news release of June 16, 2025, it has received TSXV acceptance of the
agreements with certain creditors to accept shares in the Company in settlement of their debt. The
aggregate number of shares to be issued is 2,376,667 at a price of $ 0.06 per share, for settlement of
$142,600.00. All securities issued will be subject to a four -month hold period which will expire on the
date that is four months and one day from the date of issue.
The issuance of 2, 376,667 common shares to directors and officers of the Company constitutes a
"related party transaction" as this term is defined in Multilateral Instrument 61 -101: Protection of
Minority Securityholders in Special Transactions (" MI 61 -101"). The directors and officers of the
Company, acting in good faith, determined that the fair market value of the common shares being
issued pursuant to the shares for debt transaction and the consideration being paid is reasonable. The
Company intends to rely on the exemptions from the valuation and minority shareholder approval
requirements of MI 61 -101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61 -101 as neither the fair
market value of the common shares nor the debt exceeds 25% of the Company's market capitalization.
About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based CIRO dealer -member that specializes in
market making, liquidity provision, agency execution, ultra -low latency connectivity, and bespoke
algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and
trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and
execution services to a broad array of public issuers and institutional investors.
250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. (604) 669 - 0868
TSXV: PINN OTCQB: PSGCF
About Pinnacle Silver and Gold Corp.
Pinnacle is focused on district-scale exploration for precious metals in the Americas. The high-grade
Potrero gold -silver project in Mexico’s Sierra Madre Belt hosts an underexplored low -sulphidation
epithermal vein system and provides the potential for near -term production. In the prolific Red Lake
District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-
grade Argosy Gold Mine and the adjacent North Birch Project with an eight -kilometre-long target
horizon. With a seasoned, highly successful management team and quality projects, Pinnacle Silver
and Gold is committed to building long-term, sustainable value for shareholders.
Signed: “Robert A. Archer”
President & CEO
FOR FURTHER INFORMATION CONTACT:
Email: [email protected]
Tel.: +1 (877) 271-5886 ext. 110
Website: www.pinnaclesilverandgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.