Silver Range Resources (TSE:SNG) has released an update.
Silver Range Resources Ltd. is raising $300,000 through a private placement of up to 3,750,000 units priced at $0.08 each, which includes a common share and a purchase warrant. These funds are designated for general working capital and to finance exploration activities in the United States. The units come with a four-month hold period, with a potential expedited warrant expiry if share prices rise post-hold period.
For further insights into TSE:SNG stock, check out TipRanks’ Stock Analysis page.
