Silver47 Exploration Corp ( (TSE:AGA) ) has issued an update.
Silver47 Exploration Corp has successfully closed the first tranche of its non-brokered private placement, raising approximately $3.99 million. The proceeds will be used to fund exploration activities at the Red Mountain and Adams Plateau projects, with implications for the company’s growth and development in the mining sector. The issuance of securities to insiders is considered a related party transaction, but exemptions apply due to the company’s listing on the TSX Venture Exchange.
More about Silver47 Exploration Corp
Silver47 Exploration Corp is a company in the mining industry, focusing on exploration activities. Its primary projects include the Red Mountain Project in Alaska and the Adams Plateau Project in British Columbia, indicating a market focus on mineral exploration in North America.
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