Silver North Targets C$1.25M in Private Placement

Alianza Minerals (TSE:SNAG) has released an update.

Silver North Resources Ltd. has launched a non-brokered private placement initiative aiming to raise C$1.25 million through the sale of non-flow-through and charity flow-through units. The funds raised will be allocated for exploration activities on the company’s mineral properties and for general corporate purposes. The offering includes common shares and warrants, with the latter allowing holders to purchase additional shares at a set price over a four-year period.

For further insights into TSE:SNAG stock, check out TipRanks’ Stock Analysis page.