Aztec Minerals Closes Offering of Common Shares for Gross Proceeds of $10 Million

Counsel to Stifel Nicolaus Canada Inc., as sole underwriter and bookrunner, in connection with Aztec Minerals Corp.’s $10 million bought deal private placement of common shares.

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On October 16, 2025, Aztec Minerals Corp. (“Aztec”) completed a “bought deal” private placement of common shares led by Stifel Nicolaus Canada Inc. (“Stifel”) as sole underwriter and bookrunner for total gross proceeds of $10 million.

Aztec is a mineral exploration company focused on two emerging mining discoveries in North America.

Stifel is an investment banking firm which provides advisory and underwriting, institutional sales and trading, and equity research services to corporate clients and institutional investors.

Miller Thomson acted for Stifel with a team comprised of Andrew Powers, Jeff Gebert, Connor Broude, Calvin Wang (Capital Markets/Securities), Abby Sasitharan and Kobi Rosoph (Articling Students).