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Roberto Resources, Inc. ( (TSE:PSIL) ) has provided an update.
Pacifica Silver Corp. has successfully closed a $1 million private placement financing by issuing 2.5 million common shares at $0.40 each. The funds raised will be used for general working capital and expenses related to the Claudia project in Mexico. The participation of company executives in the financing is considered a related party transaction, but exemptions apply due to the small percentage of company market capitalization involved.
More about Roberto Resources, Inc.
Pacifica Silver Corp. is a Canadian resource company with a focus on mining and exploration in Mexico, particularly the Claudia Project in Durango. The company has a history of discovering high-grade silver and gold deposits and is also exploring the Janampalla Property in Peru for copper-gold mineralization.
Average Trading Volume: 46,291
Technical Sentiment Signal: Strong Buy
See more data about PSIL stock on TipRanks’ Stock Analysis page.