Silver47 Upsizes Private Placement to $11 Million Amid Strong Demand

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

Silver47 Exploration Corp. has announced an increase in its non-brokered private placement from $8 million to $11 million due to strong investor demand. The company plans to use the proceeds from this financing to fund exploration activities at its Red Mountain Project in Alaska and the Adams Plateau Project in British Columbia. The closing of the third tranche and the upsize is expected to enhance the company’s exploration capabilities and potentially strengthen its position in the market.

More about Silver47 Exploration Corp

Silver47 Exploration Corp. is a Canadian-based exploration company that wholly-owns three silver and critical metals exploration projects in Canada and the US. These projects include the Red Mountain Project in Alaska, the Adams Plateau Project in British Columbia, and the Michelle Project in the Yukon Territory.

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