Silver Mines Limited (AU:SVL) has released an update.
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Silver Mines Limited has issued 271,739,135 fully paid ordinary shares at $0.092 each to institutional and professional investors. The company is also preparing a Reserve Update and Optimisation Study for its Bowdens Silver Project, with exploration efforts ongoing. These developments could impact the market price of the shares once announced.
For further insights into AU:SVL stock, check out TipRanks’ Stock Analysis page.