RSS SubscribeVancouver, British Columbia–(Newsfile Corp. – February 19, 2025) – Silver47 Exploration Corp. (TSXV: AGA) (“Silver47” or the “Company“) is pleased to announce that it intends to complete a non-brokered private placement of units of the Company (the “Units“), at a price of $0.50 per Unit, for aggregate gross proceeds of up to $3 million (the “Private Placement“).
Each Unit will consist of one common share in the capital of the Company (each, a “Common Share“) and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant“). Each Warrant will entitle the holder thereof to purchase one Common Share (each a “Warrant Share“) at a price of $0.75 per Warrant Share for a period of 36 months after the closing date of the Private Placement.