Silver Storm Completes Oversubscribed Funding Round
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Silver Storm Completes Oversubscribed Funding Round

Golden Tag Resources (TSE:SVRS) has released an update.

Silver Storm Mining Ltd. successfully closed the second tranche of its oversubscribed private placement offering, raising $4.63 million, with a notable $3 million investment from major shareholder Eric Sprott. The funds are earmarked for advancing drilling at La Parrilla, technical studies for a 2025 potential restart, and general operations. The offering involved issuing units comprising shares and warrants, with completion subject to TSX Venture Exchange approval.

For further insights into TSE:SVRS stock, check out TipRanks’ Stock Analysis page.

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