Silver X Mining Targets C$2M in Private Placement

Silver X Mining Corp. (TSE:AGX) has released an update.

Silver X Mining Corp. has announced a private placement aiming to raise up to C$2 million through the sale of over 11 million units at C$0.18 each, with proceeds intended for capital expenditures and exploration in Peru’s Nueva Recuperada Silver District, as well as potential asset acquisitions. The units, which include shares and warrants, will be available for purchase until the anticipated closing date of March 29, 2024. This financial move follows the company’s mission to expand and develop valuable silver assets while focusing on sustainable practices.

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