Silver North Expands Private Placement Offering

Alianza Minerals (TSE:SNAG) has released an update.

Silver North Resources Ltd. has announced the full subscription of its initially intended $500,000 private placement, subsequently increasing the offering to $650,000 due to investor demand. The financing, set to close around April 10th, involves the sale of 6.5 million company units, each comprising a common share and a warrant, with the potential to purchase additional shares at a set price within three years. The completion is contingent on regulatory approvals, including from the TSX Venture Exchange.

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