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An announcement from Silver47 Exploration Corp ( (TSE:AGA) ) is now available.
Silver47 Exploration Corp. has announced a non-brokered private placement aiming to raise up to $3 million by issuing units at $0.50 per unit, each consisting of one common share and a half warrant. The proceeds will be used for exploration drilling at the Red Mountain Project in Alaska and general corporate purposes. The placement is subject to TSXV approval and includes provisions for insider participation under MI 61-101 regulations, with plans to potentially increase the offering to $5 million, contingent on market conditions.
More about Silver47 Exploration Corp
Silver47 Exploration Corp. is a company that wholly owns three silver and critical metals exploration projects in Canada and the US. The company’s flagship project, the Red Mountain silver-gold-zinc-copper-lead VMS-SEDEX project in southcentral Alaska, contains a significant inferred mineral resource estimate. Silver47’s shares trade on the TSX Venture Exchange under the ticker symbol AGA.
YTD Price Performance: -10.17%
Average Trading Volume: 150,190
Find detailed analytics on AGA stock on TipRanks’ Stock Analysis page.
