GR Silver Mining (TSE:GRSL) has released an update.
GR Silver Mining has announced a private placement financing to raise $1.76 million for resource expansion in the Plomosas Project and general working capital. The offer includes 11 million units, each comprising a common share and a half warrant, with the latter allowing additional share purchases at a set price. This financing effort is part of the company’s broader strategy to enhance its mining operations and capitalize on previous high-grade silver discoveries.
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