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AbraSilver Resource ( (TSE:ABRA) ) has issued an update.
AbraSilver Resource Corp. successfully closed a $30 million public offering of common shares, with the proceeds earmarked for advancing their Diablillos silver-gold project and general corporate purposes. This financial move includes a concurrent private placement and reflects the company’s strategic efforts to enhance its project development and strengthen its market position in the mining industry.
More about AbraSilver Resource
AbraSilver Resource Corp. is a company in the mining industry, primarily focused on the exploration and development of silver and gold projects. Their main project is the Diablillos silver-gold project located in the Salta province of Argentina.
YTD Price Performance: 18.08%
Average Trading Volume: 162,310
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $271.6M
Learn more about ABRA stock on TipRanks’ Stock Analysis page.
