Capitan Silver Corp. (formerly Capitan Mining Inc.)

Climate Impact & Sustainability Data (2021 and 2019-10 to 2020-09, 2023, 2024-01-01 to 2024-03-31)

The Company’s ability to continue operations is uncertain and is dependent upon the ability of the Company to obtain necessary financing to meet the Company’s liabilities and commitments as they become payable, acquiring assets or a business, and the ability to generate future profitable production or operations or sufficient proceeds from the disposition thereof.

Management believes that the Company has sufficient working capital to maintain its operations and activities for the next fiscal year.

Frameworks Used: IFRS

Community relations activities, and efforts to maintain long-term access agreements continue to be progressed. Other community efforts include helping with local social programs and hiring local people for work and special projects in the community.

The Company’s ability to continue operations is uncertain and is dependent upon the ability of the Company to obtain necessary financing to meet the Company’s liabilities and commitments as they become payable, acquiring assets or a business, and the ability to generate future profitable production or operations or sufficient proceeds from the disposition thereof.
There are many external factors that can adversely affect general workforces, economies and financial markets globally such as global health conditions and political conflict in other regions.
Title to exploration and evaluation asset interests involves certain inherent risks due to the difficulties of determining the validity of certain claims as well as the potential for problems arising from the frequently ambiguous conveyancing history characteristic of many mineral claims.

The Company will rely on equity financings and exploration alliances for its working capital requirements and to fund its planned exploration and development activities.
Management ensures the Company has sufficient cash in its treasury to maintain underlying option payments and keep claims in good standing.
Upon completion to the Arrangement, the Company intends to investigate title to all of its exploration and evaluation asset interests.

Frameworks Used: IFRS

Uncertainty regarding the ability to continue operations due to dependence on financing, asset acquisition, and generation of profitable production.
External factors such as global health conditions and political conflicts affecting workforce, economies, and financial markets.
Inherent risks in title to exploration and evaluation assets due to ambiguous conveyancing history of mineral claims.
Risks associated with land titles, exploration and development, government and environmental regulations, permits and licenses, competition, dependence on key personnel, fluctuating mineral and metal prices, the requirement and ability to raise additional capital through future financings and price volatility of publicly traded securities.

Management believes it has sufficient working capital to maintain operations.
Close monitoring of commodity prices (gold, silver, copper), equity movements, and the stock market.
Investigation of title to all exploration and evaluation asset interests.
Intention to comply fully with all environmental regulations.
Reliance on equity financings and exploration alliances for working capital and funding exploration and development activities.

Frameworks Used: IFRS