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The latest announcement is out from Silverfish Resources, Inc. ( (TSE:MSM) ).
Metalsource Mining Inc., a Canadian mineral exploration company, advances high-potential mineral assets using modern, systematic exploration techniques and a value-driven approach to discovery. Its strategy centers on growing its portfolio and project pipeline by channeling capital into early-stage opportunities with strong upside potential.
The company has increased its non-brokered private placement to up to 14,050,000 units at $0.75 per unit, for gross proceeds of up to $10,537,500, with each unit comprising one share and half a warrant exercisable at $1.00 for three years. Prominent investor Eric Sprott will acquire 1,333,333 additional units for $1,000,000 in a related-party transaction structured under MI 61-101 exemptions, with warrant exercises capped to keep his voting interest below 19.99% and the financing remaining subject to regulatory approvals and statutory hold periods.
More about Silverfish Resources, Inc.
Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through modern, systematic exploration and value-driven discovery. The company targets early-stage projects, aiming to unlock resource potential through disciplined exploration programs and strategic capital deployment.
Average Trading Volume: 328,435
Technical Sentiment Signal: Buy
Current Market Cap: C$42.43M
See more data about MSM stock on TipRanks’ Stock Analysis page.