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Silverfish Resources, Inc. ( (TSE:MSM) ) has shared an announcement.
Metalsource Mining Inc. announced a non-brokered private placement to raise up to $4,000,000, with a lead order from Eric Sprott for $1,000,000. The funds will be used to advance exploration at the Silver Hill and Byrd-Pilot projects in North Carolina and the Aruba manganese project in Botswana. This financing aims to modernize and expand the Silver Hill mine, enhancing the company’s U.S. portfolio and providing shareholders exposure to high-grade silver and district-scale gold-copper potential.
More about Silverfish Resources, Inc.
Metalsource Mining Inc. is engaged in the acquisition, exploration, and development of mineral property assets. The company focuses on locating and developing economic precious and base metal properties, with projects in North Carolina and Botswana, including the Silver Hill silver mine and the Aruba manganese project.
Average Trading Volume: 49,920
Technical Sentiment Signal: Buy
Current Market Cap: C$7.79M
Learn more about MSM stock on TipRanks’ Stock Analysis page.