Silver Viper Minerals Corp (TSE:VIPR) has released an update.
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Silver Viper Minerals Corp. successfully completed the initial portion of its private placement financing, raising over $2.1 million by issuing units that include common shares and purchase warrants. This funding will primarily support the expansion and exploration of the La Virginia Project, with a portion allocated for a final payment due in June 2024 and general corporate purposes. Investors were offered the securities without a hold period, and the company compensated various securities firms for their role in finding purchasers.
For further insights into TSE:VIPR stock, check out TipRanks’ Stock Analysis page.