Tier One Silver (TSE:TSLV) has released an update.
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Tier One Silver has completed the first tranche of its private placement, raising nearly C$389,000 by issuing over 5 million units, each consisting of a common share and a purchase warrant. The funds will be used for general working capital, and insiders acquired a significant portion of the units. The company plans to extend the closing of the second tranche subject to regulatory approval.
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