Silver X Mining Raises C$3.5 Million in Private Placement

The latest update is out from Silver X Mining ( (TSE:AGX) ).

Silver X Mining Corp. has successfully closed a brokered private placement, raising C$3.5 million, including a significant lead order from Palisades Goldcorp Ltd. The funds will be used for capital and exploration expenditures in Peru and for general corporate purposes, enhancing the company’s operational capabilities and market positioning.

More about Silver X Mining

Silver X Mining Corp. operates in the mining industry, focusing on the exploration and development of silver resources. The company is primarily engaged in activities within the Nueva Recuperada Silver District in Peru.

YTD Price Performance: -7.14%

Average Trading Volume: 340,036

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$33.31M

See more data about AGX stock on TipRanks’ Stock Analysis page.