October 17, 2025

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

11 minutes

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 [email protected].

Click here to visit the Aztec Minerals website

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Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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