Capitan Silver Expands Private Placement to C$2M

Capitan Mining Inc (TSE:CAPT) has released an update.

Capitan Silver Corp. has announced an increase in its non-brokered private placement from C$1.5 million to C$2 million, with plans to issue over 13 million shares at C$0.15 each. The additional funds will support the advancement of the Cruz de Plata gold-silver project, potential acquisitions, and general corporate expenses. The expected closing date for this placement is around April 12th, 2024, following regulatory approvals.

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