Zacatecas Silver Corp. (ZAC) Financings
TSXV: ZAC · Silver · Exploration stage
- Market cap$14.0M
- Share price$0.055
- 52-week range$0.055 – $0.175
- Shares outstanding254,612,618
- ExchangeTSXV
- Websitewww.zacatecassilver.com
Zacatecas Silver is a multi-asset precious metals exploration company with a portfolio of six projects across Mexico, spanning Zacatecas, Sonora, Morelos, and Oaxaca. The Zacatecas Silver Project is located in Zacatecas State, within the highly prospective Fresnillo silver belt, which has produced over 6.2 billion ounces of silver. The Company holds 7,826 hectares of ground prospective for low-sulphidation and intermediate-sulphidation silver-base metal mineralization. A Mineral Resource Estimate at the Panuco deposit comprises 3.41 million tonnes at 187 g/t AgEq for 20.5 million ounces AgEq (see news release dated May 31, 2023). The property is 25 km southeast of MAG Silver's Juanicipio Mine and Fresnillo PLC's Fresnillo Mine, and shares boundaries with Defiance Silver and Endeavour Silver. Esperanza is an advanced stage, attractive low-cost, low-capital-intensity and low-technical-risk growth project located in Morelos state, Mexico.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Zacatecas Silver Corp. financial statements
Key figures read from 22 of 22 financial statement filings, May 21, 2021 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,426,045 | C$6,719 | C$12,968 | C$1,112,343 | C$2,584,317 |
| Total current assets | C$2,557,477* | C$39,705* | C$80,820* | C$1,240,481* | C$2,886,434* |
| Exploration and evaluation assets | C$47,314,318 | C$47,150,898 | C$47,360,538 | C$47,155,615 | C$2,492,261 |
| Property, plant and equipment | C$0 | C$29,268 | C$65,858 | C$127,459 | C$75,191 |
| Total assets | C$49,871,795 | C$47,219,871 | C$47,507,216 | C$48,523,555 | C$5,656,717 |
| Shareholders' equity | C$38,348,620 | C$36,328,196 | C$37,706,459 | C$25,906,261 | C$5,316,128 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$839,402 | C$982,406 | C$3,408,614 | C$8,722,487 | C$2,715,406 |
| General and administrative | C$594,178 | C$630,667 | C$586,285 | C$910,757 | C$469,071 |
| Share-based compensation | C$974,603 | — | C$0 | C$714,201 | C$1,825,910 |
| Net income (loss) | (C$4,166,298) | (C$3,559,050) | C$7,894,147 | (C$11,493,628) | (C$6,907,455) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,620,365) | (C$2,412,445) | (C$4,798,957) | (C$12,092,567) | (C$4,956,961) |
| Investing cash flow | — | — | C$0 | (C$7,215,585) | (C$2,192,926) |
| Financing cash flow | C$5,035,630 | C$2,412,173 | C$3,429,691 | C$17,886,154 | C$363,650 |
| Exploration spending (capitalized) | — | — | C$0 | (C$7,368,278) | (C$1,896,150) |
| Proceeds from share issues | — | — | C$3,429,691 | C$17,886,154 | C$363,650 |
| Change in cash | C$2,415,265 | (C$272) | (C$1,369,266) | (C$1,421,998) | (C$6,786,237) |
| Cash at end of period | C$2,426,045 | C$6,719 | C$12,968 | C$1,112,343 | C$2,584,317 |
Zacatecas Silver Corp. financings
3 financings announced or closed by Zacatecas Silver Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-14 | Zacatecas Silver Corp. (ZAC) | Private placement, non-brokered | Tranche closed, 2 tranches | $2.5M | $0.070 | Zacatecas Silver Announces Non-Brokered Private Placement of up to $2,500,000 to Advance Oso Negro Drill Program |
| 2025-08-13 | Zacatecas Silver Corp. (ZAC) | Private placement, non-brokered | Closed, 2 tranches | $3.8M | $0.060 | Zacatecas Silver Launches 4,000-Metre Drill Program with Aggressive Focus on El Cristo Vein System and Regional Growth Strategy Announces Private Placement Financing of up to $2.5 Million |
| 2024-01-29 | Zacatecas Silver Corp. (ZAC) | Private placement, non-brokered | Closed, 2 tranches | $2.5M | $0.100 | Zacatecas Silver Arranges $1.8 Million Financing |