12:52 PM EDT, 08/22/2025 (MT Newswires) -- Capitan Silver ( CAPTF ) on Friday rose about 5% after it acquired property consisting of seven mineral concessions located immediately adjacent to and surrounding its Cruz de Plata silver project in Durango, Mexico.

The company is acquiring the properties from Minera Fresnillo S.A. de C.V. for US$4.0 million, in two installments. It said there are no royalties or share payments for this deal.

This land acquisition increases its total land position in the district by about 85%.

Shares of the company were last seen up $0.05 at $1.06 on the TSX Venture Exchange.

Price: 1.09, Change: +0.08, Percent Change: +7.92