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Silver47 Exploration Corp. Completes Additional Tranche of Private Placement

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Silver47 Exploration Corp ( (TSE:AGA) ) just unveiled an announcement.

Silver47 Exploration Corp. has successfully closed an additional tranche of its non-brokered private placement, raising $2,077,500 through the issuance of 4,155,000 units at $0.50 each. The proceeds will be used to fund exploration activities at the Red Mountain Project in Alaska and for general working capital. The private placement’s completion is anticipated soon, pending final approval from the TSX Venture Exchange. This move is expected to bolster Silver47’s operational capabilities and enhance its market positioning in the exploration sector.

More about Silver47 Exploration Corp

Silver47 Exploration Corp. is a company focused on the exploration of silver and critical metals, operating three wholly-owned polymetallic projects in Canada and the US. These include the Red Mountain project in Alaska, the Adams Plateau project in British Columbia, and the Michelle project in Yukon Territory. The company’s shares are traded on the TSX Venture Exchange under the symbol AGA.

Average Trading Volume: 121,484

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

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