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Kootenay Silver ( (TSE:KTN) ) has provided an announcement.
Kootenay Silver has arranged a C$10 million bought-deal private placement with Red Cloud Securities, under which underwriters will acquire 4,444,445 common shares at C$2.25 each, with an option to sell a further 666,667 shares for up to an additional C$1.5 million in gross proceeds. The financing, conducted under the listed issuer financing exemption in most Canadian provinces and via private placement in the U.S. and certain international jurisdictions, is intended to fund advancement of the Columba and La Cigarra silver projects in Mexico as well as general working capital, and is expected to close on or around February 10, 2026, subject to regulatory and stock exchange approvals, marking a meaningful capital injection to support the company’s growth plans in its core Mexican silver portfolio.
The most recent analyst rating on (TSE:KTN) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Kootenay Silver stock, see the TSE:KTN Stock Forecast page.
Spark’s Take on TSE:KTN Stock
According to Spark, TipRanks’ AI Analyst, TSE:KTN is a Neutral.
The score is held back mainly by weak financial performance (no revenue, ongoing losses, and worsening free cash flow burn), partially offset by strong technical momentum and a positive exploration catalyst from recent drilling results. Valuation is also constrained by negative earnings and no stated dividend support.
To see Spark’s full report on TSE:KTN stock, click here.
More about Kootenay Silver
Kootenay Silver Inc. is a mineral exploration company focused on the discovery and development of silver projects in Mexico’s Sierra Madre region. With one of the largest junior silver asset portfolios in the country, the company targets the expansion of existing silver resources, new discoveries and near-term economic development at its priority projects in the prolific mining districts of Sonora and Chihuahua states, providing shareholders with leveraged exposure to silver prices.
Average Trading Volume: 469,474
Technical Sentiment Signal: Buy
Current Market Cap: C$227.9M
See more insights into KTN stock on TipRanks’ Stock Analysis page.