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Silver47 Exploration Corp ( (TSE:AGA) ) has issued an announcement.
Silver47 Exploration Corp and Summa Silver Corp have successfully closed a $6.9 million brokered financing deal, which includes the full exercise of the over-allotment option. This financing is part of a strategic merger between the two companies, which will result in a combined entity continuing under the name Silver47 Exploration Corp. The funds raised will be used to advance the silver project portfolio in the United States and for general corporate purposes. The merger is expected to enhance the companies’ market positioning and operational capabilities, benefiting stakeholders through increased project development and potential growth opportunities.
More about Silver47 Exploration Corp
Silver47 Exploration Corp is a company operating in the mining industry, focusing on silver exploration projects. The company is involved in developing a portfolio of silver projects in the United States.
Average Trading Volume: 138,862
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