Dolly Varden Silver (TSE:DV) has released an update.
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Dolly Varden Silver Corporation has expanded its bought-deal financing to $28 million, with renowned investor Eric Sprott intending to participate. This capital injection is set to fund exploration and drilling at the Kitsault Valley project in British Columbia, along with general corporate needs. The deal includes an over-allotment option for underwriters, potentially increasing the offering size for market stabilization.
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