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Golden Tag Resources ( (TSE:SVRS) ) has shared an announcement.
Silver Storm Mining Ltd., a company listed on the TSX Venture Exchange, successfully completed its non-brokered private placement offering, raising a total of $3.9 million. This funding will support the development of its La Parrilla Project and general corporate purposes. The company issued 43,333,334 units, each comprising a common share and a warrant. First Majestic Silver Corp. increased its stake in Silver Storm to 39.02% on a fully diluted basis, indicating significant investment interest and potential influence in the company’s future direction.
More about Golden Tag Resources
YTD Price Performance: 35.00%
Average Trading Volume: 376,125
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$63.2M
For an in-depth examination of SVRS stock, go to TipRanks’ Stock Analysis page.