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Silver47 Closes $23 Million Financing to Boost Silver Exploration

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Silver47 Closes $23 Million Financing to Boost Silver Exploration

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The latest announcement is out from Silver47 Exploration Corp ( (TSE:AGA) ).

Silver47 Exploration Corp. has successfully closed a brokered private placement, raising $23 million, including the full exercise of the over-allotment option. The funds will be used for further exploration and general working capital, strengthening the company’s position in the silver exploration industry. The offering involved a syndicate of agents and included a related party transaction, highlighting insider confidence in the company’s growth potential.

More about Silver47 Exploration Corp

Silver47 Exploration Corp. is a mineral exploration company focused on discovering and developing silver-rich deposits in North America. The company aims to become a leading high-grade US-focused silver developer, with significant operations in Alaska, Nevada, and New Mexico.

Average Trading Volume: 766,892

Technical Sentiment Signal: Strong Buy

Find detailed analytics on AGA stock on TipRanks’ Stock Analysis page.

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