London, UK – 13 August 2025 – Sorbie Bornholm LP (“Sorbie”), a UK investment fund, is pleased to announce that Tocvan Ventures Corp. (“Tocvan”) (CSE: TOC; OTCQB: TCVNF; WKN: TV3/A2PE64) has received approximately 39% additional cash from the Sharing Agreement in the most recent monthly settlement, without the issuance of any new shares. This follows an all-time high in Tocvan’s trading volume in a given day, and a 52-week high in share price.
Tocvan recently announced a major development for the Company: permit approval for a 50,000-tonne pilot mine facility at its flagship Gran Pilar Gold-Silver Project in Sonora, Mexico. Combined with previously secured drilling and trenching permits, the Company is now fully authorized to advance both pilot mine development and exploration across its 100% controlled ground.
The pilot mine facility will feature a hydrometallurgical processing plant and 50,000-tonne heap leach pad and enable Tocvan to test and optimize extraction methods, generate early cash flow potential, and capitalize on recent high-grade drill results, including 6.1 meters of 5.4 g/t Au and 39 g/t Ag, and 3.1 meters of 19.4 g/t Au near surface. Metallurgical work has demonstrated recovery rates of up to 99% gold and 97% silver.
With record-high gold prices recently surpassing USD $3,400/oz, driven by central bank demand and global market uncertainty, Tocvan is strategically positioned to fast-track Gran Pilar toward production while maximizing shareholder value. Near-term objectives include advancing the pilot mine to operation, executing a maiden resource estimate, and continuing aggressive exploration on high-priority targets.
Sorbie and Tocvan entered into Sharing Agreements dated 24 April 2024 and 10 December 2024. This structure enables Tocvan to retain substantial economic interest in the Subscription Shares while accessing consistent, and often non-dilutive funding to accelerate development and exploration.
About Tocvan Ventures Corp.
Tocvan is an explorer and near-term gold producer advancing two promising gold-silver projects in the mine-friendly jurisdiction of Sonora, Mexico: the Gran Pilar and Picacho projects. At Gran Pilar, the company holds 100% interest in over 21 square kilometers of prospective ground. The initial resource target is 300k-500k Au oz. Tocvan also holds 100% interest in the Picacho project, located in the Caborca Gold Belt, home to several major gold deposits.
Tocvan completed a 1,400-tonne bulk sample at Gran Pilar, returning a 1.9 g/t Au head grade and over 62% recovery through heap leaching. Additional metallurgical tests showed up to 99% gold and 97% silver recovery. Ongoing drilling and trenching have expanded mineralized zones, advancing the project toward a maiden resource and Preliminary Economic Assessment. Planning is underway for a pilot processing facility, with milling and processing anticipated to begin in 2026.
For more information on Tocvan, please visit www.tocvan.com or contact:
Brodie A. Sutherland, CEO
+1-403-829-9877
bsutherland@tocvan.ca
About Sorbie Bornholm
Sorbie Bornholm LP is a global investment firm that provides funding for ongoing business objectives to listed micro, small and mid-cap growth companies. We focus on public equity investments in companies that are looking to expand and on management teams with a clear growth strategy. Our extensive experience allows us to invest in most industries in order to provide supportive, longer term capital that rewards company growth.
Since 2000, Sorbie Bornholm LP founder Greg Kofford has perfected the “Sorbie-Strategy”, utilizing a sharing agreement that supports management and rewards growth. This unique approach has now been used in over 50 investments – with many of those resulting in the companies receiving more cash than the original offering proceeds, without having to issue any additional shares.
Sorbie Bornholm’s core values drive who we are and how we invest. We are committed to developing long-term relationships with select listed public companies and their brokers & advisers. We focus on providing supportive, longer term capital that rewards growth. We invest to make a difference, to become a valued partner and to be a shareholder of choice. It’s important to us that we succeed together.
To see if the Sorbie-Strategy is right for your company, please contact Sorbie Bornholm:
Whitney Kofford, Managing Director
+1-801-554-5889
whitney@sorbiebornholm.com