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Blackrock Silver ( (TSE:BRC) ) has shared an announcement.
Blackrock Silver Corp. has announced a $10 million bought deal public offering, involving the sale of 27,800,000 units at $0.36 per unit. The proceeds from this offering will be used to fund exploration and development at the Tonopah West mineral project, as well as for working capital and general corporate purposes. The offering will be completed through a prospectus supplement in Canada and on a private placement basis in the United States, with Raymond James Ltd. acting as the lead underwriter.
More about Blackrock Silver
Blackrock Silver Corp. is a company operating in the mining industry, focusing on the exploration and development of mineral projects. Their primary project is the Tonopah West mineral project, which they aim to advance with the proceeds from their financial activities.
YTD Price Performance: -2.38%
Average Trading Volume: 371,568
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$113.3M
For detailed information about BRC stock, go to TipRanks’ Stock Analysis page.
