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An update from West Oak Gold Corp. ( (TSE:SI) ) is now available.
Silicon Metals Corp. has amended its private placement terms to raise up to $800,000 through issuing 16,000,000 non-flow-through units. The funds will be used for advancing the company’s properties and general working capital, potentially impacting its operational capabilities and market positioning.
More about West Oak Gold Corp.
Silicon Metals Corp. is focused on exploration in western Canada, particularly in British Columbia. The company holds a 100% interest in the Ptarmigan Silica Project and has options to acquire full interest in the Silica Ridge and Longworth Silica Projects. Additionally, Silicon Metals has agreements to earn interest in projects in the Sudbury District of Ontario.
Average Trading Volume: 35,845
Technical Sentiment Signal: Hold
Current Market Cap: C$1.07M
Learn more about SI stock on TipRanks’ Stock Analysis page.