Silver Mountain Resources, Inc. Class A (TSE:AGMR) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Silver Mountain Resources Inc. has successfully completed a prospectus offering, raising $9.64 million through the sale of over 87 million units, each including one common share and a purchase warrant. The proceeds from the offering are earmarked for the development of the Reliquias mine and other corporate purposes. Each warrant, valid for 48 months, allows the holder to acquire an additional common share at a set price, with the Agents receiving a commission and broker warrants as part of the deal.
For further insights into TSE:AGMR stock, check out TipRanks’ Stock Analysis page.