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Blende Silver Cuts Warrant Exercise Price and Extends Expiry Dates

Story Highlights
  • Blende Silver is reducing exercise prices on over 8.5 million warrants and extending their expiry dates.
  • These warrant amendments, pending TSX Venture approval, aim to enhance capital-raising flexibility for the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blende Silver Cuts Warrant Exercise Price and Extends Expiry Dates

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Blende Silver Corp. ( (TSE:BAG) ) has shared an update.

Blende Silver Corp. has clarified the terms of its proposed warrant amendments, reducing the exercise price of 8,062,500 warrants and 450,000 warrants from $0.20 to $0.11 while extending their expiry dates by roughly one year each. The changes, which are subject to TSX Venture Exchange approval, are aimed at making the warrants more attractive and accessible to holders, potentially improving the company’s ability to raise capital and providing additional financial flexibility for its ongoing activities.

More about Blende Silver Corp.

Blende Silver Corp. is a Canadian company listed on the TSX Venture Exchange under the symbol BAG, operating in the mining and exploration sector with a focus on silver and related mineral projects.

Average Trading Volume: 105,954

Technical Sentiment Signal: Buy

Current Market Cap: C$8.51M

Find detailed analytics on BAG stock on TipRanks’ Stock Analysis page.

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