Arizona Silver Exploration (TSE:AZS) has released an update.
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Arizona Gold & Silver Inc. is expanding its non-brokered private placement due to high investor interest, increasing the offering to 5.84 million units at CAD$0.30 each for total proceeds of CAD$1.75 million. The offering includes common shares and warrants, with proceeds aimed at funding exploration and general corporate purposes. The private placement, involving participation from company insiders, is subject to regulatory approvals and a four-month hold period.
For further insights into TSE:AZS stock, check out TipRanks’ Stock Analysis page.
