Sierra Madre Gold & Silver Ltd. (TSE:SM) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Sierra Madre Gold & Silver Ltd. has successfully completed a $1 million private placement, issuing over 3.5 million shares to fund the revival of its La Guitarra Silver-Gold Mine in Mexico. The shares, offered without a prospectus, are fully tradeable without any holding period restrictions. The raised capital will specifically support the mine’s care, maintenance, and restart plan.
For further insights into TSE:SM stock, check out TipRanks’ Stock Analysis page.