From Warrants to Wealth: Mario Vetro’s Axcap Digs Deep for Gold
Vetro’s $0.20 Financing and Warrant Play Could Signal Big Moves for Converse’s Gold Potential

“This article was disseminated on behalf of Axcap Ventures Inc.”
Gold’s soaring past $3,400 an ounce, and Mario Vetro, the swashbuckling co-founder of K92 Mining and maestro behind Axcap Ventures (OTC: GARLF | CSE: AXCP), is proving once again why he’s the talk of the junior mining town. Just weeks after we spotlighted his bold vision to drill holes in junior mining’s broken model, Vetro’s back with a financing coup that’s got investors buzzing. With a $0.20 financing round paired with full five-year warrants at $0.20, valued at a tidy $0.0664 each, Axcap’s latest move is nothing short of a masterclass in capital markets swagger. Here’s why this “wildly successful” round is setting the stage for a seismic re-rating.
A Financing Round That Hits the Mother Lode
Axcap’s recent $0.20 financing round, paired with five-year warrants exercisable at $0.20, is turning heads. Vetro, crunching numbers with the Black-Scholes model at 30% volatility, values these warrants at about $0.0664 each. That’s not just a math flex—it signals big upside potential. With the stock holding at $0.20, Vetro calls this financing “wildly successful” for its clever structure.
Why the excitement? The warrants, with their five-year runway, give investors a long leash to capitalize on Axcap’s growth, particularly as the company drills deeper into its flagship Converse Deposit. This isn’t just about raising cash—it’s about fueling a strategy that’s all about liquidity, financing, and, as Vetro famously quips, “DRILL, BABY.”
Converse: The Nevada Gold Giant Gearing Up
At the heart of Axcap’s story is its investment in the Converse Deposit, a 5.57-million-ounce (M&I) gold juggernaut in Nevada’s Battle Mountain–Eureka Trend, grading 0.53 g/t Au. Nestled between heavyweights like I-80GoldCorp’s Lone Tree Complex ($380M market cap) and SSR Mining’s Marigold Mine ($2.8B market cap). And Vetro’s not sitting idle—he’s got a fully funded 5,000-meter drill program underway, chasing high-grade zones that could echo Barrick’s legendary Goldstrike.
“The thesis is simple,” Vetro says with a grin. “We’re testing for Goldstrike-style mineralization at depth. No refractory issues, no metallurgy headaches, no permitting roadblocks—just a massive deposit ready to shine.” Axcap Ventures Inc. is cashed up and, with its prospectus cleared in late April, is well-positioned to advance its marketing efforts to showcase the potential of the Converse Gold Project to a global audience.
