RSS SubscribeJan 16, 2026
Silver North Resources Ltd. (TSXV:SNAG) “Silver North” or the “Company“) is pleased to announce that further to its press release dated January 16, 2026 and as a result of strong investor demand, the Company and Red Cloud Securities Inc. (“Red Cloud“) have agreed to further increase the maximum gross proceeds of its previously announced “best efforts” private placement (the “Marketed Offering“) from C$7,000,000 to C$10,584,000. Pursuant to the upsized Marketed Offering, the Company has agreed to sell (i) up to 5,000,000 units of the Company (the “Units“) at a price of C$0.40 per Unit and (ii) up to 15,328,572 flow-through units of the Company to be sold to charitable purchasers (the “Charity FT Units“, and together with the Units, the “Offered Securities“) at a price of C$0.56 per Charity FT Unit. Red Cloud is acting as sole agent and bookrunner in connection with the Offering.