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Blende Silver Cuts Warrant Exercise Price and Extends Expiry to Boost Financing Flexibility

Story Highlights
  • Blende Silver is repricing 8.5 million warrants to $0.11 and extending their expiry dates by one year.
  • The warrant amendments aim to enhance the likelihood of exercise and strengthen Blende Silver’s future financing flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blende Silver Cuts Warrant Exercise Price and Extends Expiry to Boost Financing Flexibility

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An update from Blende Silver Corp. ( (TSE:BAG) ) is now available.

Blende Silver Corp. plans to amend a total of 8,512,500 outstanding warrants, lowering the exercise price from $0.20 to $0.11 and extending their expiry dates by one year. The move, which remains subject to TSX Venture Exchange approval, is expected to make it easier for warrant holders to exercise their rights and could improve the company’s access to future equity capital, providing additional financial flexibility in a challenging junior mining and exploration financing environment.

More about Blende Silver Corp.

Blende Silver Corp. is a Vancouver-based mining company listed on the TSX Venture Exchange under the symbol BAG, focused on silver-related resource exploration and development.

Average Trading Volume: 100,167

Technical Sentiment Signal: Buy

Current Market Cap: C$7.45M

For a thorough assessment of BAG stock, go to TipRanks’ Stock Analysis page.

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