Pacifica Silver Announces AGM Results; Appoints New CFO and Director
Pacifica Silver refreshes its finance leadership and board while renewing its equity incentive plan and confirming auditor appointments.
Rhea-AI Summary
Pacifica Silver (PAGFF) reported that all resolutions at its September 14, 2026 annual general meeting were approved, with 35,718,136 shares voting, representing about 45.78% of shares outstanding.
Shareholders set the board size at five, re-elected all nominated directors, reappointed Davidson & Company LLP as auditor, and approved the company’s equity incentive plan. Immediately after the meeting, Alan Tam resigned as CFO and director. The board appointed Chartered Professional Accountant Israel Munoz as CFO and Karenn Ramirez as a director, both effective September 15, 2026. In connection with these appointments, Pacifica Silver granted 150,000 stock options to Munoz and 100,000 to Ramirez at an exercise price of $1.12 per share, valid for five years and vesting over 24 months in four equal instalments, subject to the equity plan and regulatory approvals.
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Vancouver, British Columbia--(Newsfile Corp. - September 14, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica Silver" or the "Company") is pleased to announce the results of its annual general meeting of shareholders (the "Meeting") held today in Vancouver, British Columbia, during which all resolutions presented to shareholders were passed. The Company also announces that Alan Tam has resigned as Chief Financial Officer (CFO) and a director of the Company, and that the Board of Directors has appointed Israel Munoz as CFO and Karenn Ramirez as a director in his place, effective September 15, 2026.
Annual General Meeting Results
A total of 35,718,136 common shares were represented at the meeting, equal to approximately
The number of directors of the Company was set at five;
Re-election of Daniel Kunz, Todd Anthony, Alan Tam, Ramon Mendoza Reyes and Sophie Hsia as directors of the Company to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed;
Appointment of Davidson & Company LLP as auditor of the Company until the next annual meeting of shareholders, and authorization of the directors to fix the auditor's remuneration; and
An ordinary resolution ratifying, confirming and approving the Company's equity incentive compensation plan.
Board and Management Changes
Effective immediately following the Meeting, Mr. Tam resigned as CFO and as a director of the Company. The Board has appointed Israel Munoz as CFO and Karenn Ramirez as a director to fill the vacancy created by Mr. Tam's resignation, each with a start date of September 15, 2026.
Following these changes, the Board will continue to consist of five directors: Daniel Kunz (Chairman), Todd Anthony, Ramon Mendoza Reyes, Sophie Hsia and Karenn Ramirez.
Israel Munoz — Chief Financial Officer
Mr. Munoz is a Chartered Professional Accountant with 26 years of experience in financial management, regulatory compliance and public-company governance. He has held finance roles at silver, gold, zinc and lead mining companies in the United States, Mexico and Latin America, including Guanajuato Silver Company, Fortuna Silver Mines, Golden Queen Mining and First Majestic Silver. His operating experience in Mexico includes financial reporting, treasury, internal controls and the day-to-day compliance work required of a public mining company. As CFO of Pacifica Silver, he will oversee the Company's finance function, including IFRS financial reporting, budgeting and forecasting, cash-flow management, treasury, VAT receivables, internal controls, Board reporting, capital-raising support, and SEDAR+ disclosure as the Company advances the Claudia Project. He is fluent in English and Spanish.
Karenn Ramirez — Director
Ms. Ramirez is a Chartered Professional Accountant with 20 years of finance leadership in the global mining and energy sectors. She is currently Vice President, Internal Audit at Baker Hughes, and previously served as segment CFO of Baker Hughes Oilfield Services and Equipment, CFO of Sweetwater Royalties, Regional Director of Business Planning, South America at Newmont, and in senior commercial and joint-venture finance roles at BHP, with earlier reporting roles at Sierra Metals and Silver Standard in Vancouver. She has extensive finance, governance and Audit Committee experience in the mining and energy sectors for companies listed in Canada, Australia and the U.S., including IFRS and US GAAP reporting, risk management, M&A, and joint ventures. She is fluent in English and Spanish.
"I am delighted to welcome Israel Munoz as Chief Financial Officer and Karenn Ramirez to the Board," stated Todd Anthony, Chief Executive Officer of Pacifica Silver. "Israel brings the public-company finance, compliance and governance experience we need as we advance Claudia and grow as a listed company operating in Mexico. Karenn will strengthen independent financial and strategic oversight at the Board level as we scale. On behalf of the Board, I also thank Alan for helping take Pacifica Silver through the Claudia acquisition and the build-out of our public-company platform, and we wish him every success ahead."
Stock Option Grants
In connection with the appointments announced today, the Company has granted 150,000 incentive stock options to Mr. Munoz and 100,000 incentive stock options to Ms. Ramirez, exercisable at a price of
About Pacifica Silver Corp.
Pacifica Silver Corp. is a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its
Signed,
Todd Anthony
Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Todd Anthony
Phone: 778-999-2627
Email: info@pacificasilver.com
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including statements regarding the appointments of Mr. Munoz and Ms. Ramirez, the anticipated start date of the CFO and director appointments, the composition of the Board, the grant and vesting of stock options, receipt of applicable regulatory approvals, and the Company's plans and prospects. Forward-looking information is based on assumptions management considers reasonable as of the date hereof, and is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/314299