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Silver47 Upsizes Private Placement to $8 Million Amid Strong Demand

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Silver47 Upsizes Private Placement to $8 Million Amid Strong Demand

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An update from Silver47 Exploration Corp ( (TSE:AGA) ) is now available.

Silver47 Exploration Corp has announced an increase in its non-brokered private placement to $8 million due to strong investor demand. The proceeds will be used to fund exploration activities at the Red Mountain Project in Alaska and the Adams Plateau Project in British Columbia, with implications for enhanced resource exploration and potential growth in these regions. The offering is subject to TSX Venture Exchange approval and involves certain directors and officers acquiring securities, highlighting insider confidence in the company’s strategic direction.

More about Silver47 Exploration Corp

Silver47 Exploration Corp is a company operating 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 resource exploration in North America.

YTD Price Performance: -5.08%

Average Trading Volume: 149,989

For an in-depth examination of AGA stock, go to TipRanks’ Stock Analysis page.

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