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Silver47 Exploration Corp ( (TSE:AGA) ) has provided an announcement.
Silver47 Exploration Corp. has announced a brokered private placement agreement with Research Capital Corporation to raise up to $14 million through the sale of 20 million units at $0.70 each. The proceeds will be used for further exploration and general working capital, with the offering expected to close by September 16, 2025, pending regulatory approvals. This financing move is set to bolster Silver47’s exploration efforts and strengthen its position in the North American silver mining industry.
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 is positioned as a leading high-grade US-focused silver developer with significant resources in Alaska, Nevada, and New Mexico, totaling 236 Moz AgEq inferred and 10 Moz AgEq indicated.
Average Trading Volume: 314,113
Technical Sentiment Signal: Strong Sell
See more data about AGA stock on TipRanks’ Stock Analysis page.