RSS SubscribeApr 9, 2025
Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF, Frankfurt: I90, “Silver North” or the “Company”) is pleased to announce that the Company has closed its non-brokered private placement announced on March 12, 2025.
The Company raised $1,350,000 from the sale of 13.5 million Units of the Company at a price of $0.10 per Unit. Each Unit consists of one common share and one non-transferable common share purchase warrant allowing the holder to buy an additional share for each full warrant held for a period of three years at $0.15 per additional share.
Finder’s fees of $32,200 in cash and 320,000 in finder’s warrants were paid to eligible parties. Each finder’s warrant entitles the holder to purchase one common share for $0.15 per common share for a period of three years from closing. All securities are subject to a four-month hold from the date of closing.