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Roberto Resources, Inc. ( (TSE:PSIL) ) just unveiled an announcement.
Pacifica Silver Corp. has launched a brokered private placement of 6.9 million common shares at $1.45 each, for gross proceeds of up to roughly $10 million, with Raymond James Ltd. acting as sole bookrunner and lead agent. The financing, which includes a 15% agents’ option, will fund expanded exploration and drilling at the company’s Claudia Project in Durango, Mexico, as well as general working capital, and is being conducted under the listed issuer financing exemption in most Canadian provinces and select international jurisdictions, subject to customary regulatory and Canadian Securities Exchange approvals, underscoring Pacifica’s push to accelerate work on a historically productive but underexplored silver-gold district.
More about Roberto Resources, Inc.
Pacifica Silver Corp. is a Canadian resource company focused on silver and gold exploration in Mexico, led by a management team with decades of mining and exploration experience in the country. Its flagship, 100%-owned Claudia Project in Durango spans 11,876 hectares across most of the historic El Papantón Mining District, where limited past drilling and sampling have already returned high-grade silver and gold intercepts along multiple vein systems, leaving substantial untested exploration potential.
Average Trading Volume: 132,326
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$96.94M
For an in-depth examination of PSIL stock, go to TipRanks’ Overview page.