Silver Mountain Launches $7.5 Million Offering

Silver Mountain Resources, Inc. Class A (TSE:AGMR) has released an update.

Silver Mountain Resources Inc. has announced a public offering aimed at raising $7.5 million by selling units at $0.11 each, with the option for investors to buy additional shares through Warrants. The offering, excluding Quebec, will fund the development of the Reliquias mine along with general corporate purposes. The company is known for its work in silver exploration and mine development, particularly in its Castrovirreyna Project in Peru.

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