Shareholders Approve Calcatreu Financing

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces the detailed voting results from its Special Meeting of Shareholders held earlier today (the “Meeting”) whereby the Company’s shareholders (the “Shareholders”) have approved the US$40 million investment by Black River Mine Inc. in the Company’s subsidiary, Patagonia Gold Canada Inc., to fund the development of the Company’s Calcatreu project in Rio Negro province, Argentina (the “Calcatreu Financing”).