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Aztec Minerals – Closed $10mil All-Share Financing, Project Updates At Tombstone & Cervantes

Cory
October 17, 2025

 

In this KE Report Company Update, we speak with Simon Dyakowski, President and CEO of Aztec Minerals (TSX-V:AZT – OTCQB:AZZTF), following the company’s largest financing to date – a $10 million bought deal, with no warrants attached.

 

Simon outlines how this strong institutional financing positions Aztec to expand and de-risk its flagship Tombstone Project in Arizona while advancing toward an initial resource estimate in early 2026.

 

Key Discussion Highlights:

 

  • Largest financing in company history: $10M raised via upsized bought deal, with significant institutional participation and no warrants.

  • Exploration momentum: Current Tombstone drill program expanded from 5,000m to 7,500m; 12 holes pending assays with more drilling underway.

  • Resource pathway: Targeting an initial resource estimate in Q1 next year, followed by metallurgical studies..

  • Cervantes Project (Mexico): Optionality asset with high-grade gold-silver-copper targets; further fieldwork planned pending market and policy clarity.

Please email me any questions you have for Simon. My email address is Fleck@kereport.com

Click here to visit the Aztec Minerals website

 


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Discussion
1 Comment
    8 hours ago

    The strong hands showed up at HydroGraph this morning and knocked the stock down to get the weak hands out. The stock has now cheerfully recovered and is now trading above yesterday’s close. DT 👍🤣

    Reply

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