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Silver Sands Resources (OTC: SSRSF) entered a non-binding Letter of Intent dated February 27, 2026 to acquire a 100% interest in the 712.7 hectare Fairfield Gold Project in Nayarit, Mexico.
The earn-in requires aggregate cash payments of US$675,000 and issuance of 5,150,000 common shares over four years; a 1,050,000-share finder fee is payable on signing of a definitive agreement, subject to CSE approval. Historical high-grade drill and chip results are reported but not yet verified; transaction remains subject to due diligence and regulatory approvals.
Silver Sands Resources (OTC: SSRSF) closed a private placement and settled debt on February 13, 2026. The company issued 6,499,333 Units at $0.075 for gross proceeds of $487,449.98, plus 2,365,000 Units to settle CAD$177,375 of indebtedness.
Each Unit includes one common share at $0.075 and one-half warrant; each whole warrant is exercisable at $0.15 for 24 months. Finders were paid $20,571.25 cash and issued 274,283 finders warrants. A total of 8,864,333 common shares and 4,432,166 warrants are subject to a four-month-plus-one-day hold until June 14, 2026. Net proceeds will fund general working capital and property investigation.
Silver Sands Resources (OTCQB: SSRSF) announced a private placement and debt settlement dated January 29, 2026. The company plans up to 6,500,000 Units at $0.075 for gross proceeds up to $487,500, each Unit including one share and one-half warrant.
The company will also issue 2,365,000 Units to settle CAD$177,375 of indebtedness. Each whole warrant is exercisable at $0.15 for 24 months. Closing is scheduled on or before February 10, 2026, subject to Canadian Securities Exchange approval; issued securities will carry a four-month-and-one-day hold.
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