India Approves 400 Tons of Silver Imports, Eases Supply Amid New Regulations and Logistics Challenges

[SMM Precious Metal Express] China, the UK and Japan all reduced their US Treasury holdings in June, with overseas holdings down $72.1 billion month-on-month to approximately $9.3 trillion, including a $26.4 billion reduction by Japan. The 30-year US Treasury yield rose to 5.31%, the highest in 19 years, approaching the 5.44% peak seen during the early global financial crisis.

Vancouver, British Columbia, August 7, 2026 – TheNewswire – (TSXV: PINN, OTCQB: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. (“Pinnacle” or the “Company”) was pleased to announce that the first closing of its non-brokered private placement financing (the “Offering”), previously announced on July 13, 2026, was completed, raising gross proceeds of C$652,080. In connection with the first closing, the Company issued 5,928,000 units at a price of C$0.11 per unit. Each unit consisted of one common share in the capital of the Company and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at an exercise price of C$0.16 per share for a period of 24 months from the date of issuance. Finder’s fees in connection with the Offering included a cash commission of C$7,524.00 and 68,400 non-transferable finder’s warrants. Each finder’s warrant entitled the holder to purchase one common share at a price of C$0.16 per share for a period of 24 months. The net proceeds from the Offering will be used to advance the high-grade El Potrero gold-silver project in Durango State, Mexico, to conduct project evaluation, and for general working capital purposes.

Vancouver, August 13, 2026 – Silver North announced that drilling at its flagship Haldane silver mine project, located in the historic Keno Hill silver district in Yukon, continued to advance. To date, 10 drill holes have been completed for a total of approximately 2,550 meters. Drilling at the Main Fault is expanding the currently defined 100-meter strike length and 150-meter down-dip extent. Highlight results include hole HLD25-31, which returned 818 g/mt silver, 1.39 g/mt gold, 2.54% lead, and 0.98% zinc over 13.15 meters. Core from mineralized intersections in the first five holes has been sampled and sent to ALS Laboratories, and management expects to begin receiving assay results in September. The 2026 drilling plan is expected to continue through October. The primary objective of the 2026 work plan at the Veronica project is to expand an open-ended, multi-element soil geochemical anomaly area currently measuring 1.2 km × 1 km. Reconnaissance and mapping will also be completed within the anomaly area to further understand and expand the Lodge and Cooper mineralized showings—where mineralized float has returned grades of up to 2,860 g/mt silver, and one exposed northeast-trending fault has returned 33.2 g/mt silver.