Silver Storm Mining Ltd. announces a non-brokered private placement offering of up to $2 million for general corporate purposes and to complete its upcoming NI 43-101 resource statement.
Silver Storm Mining Ltd. plans to complete a private placement offering of up to 22,222,222 units at $0.09 per unit for gross proceeds of $2 million. The funds will be used for corporate purposes and resource statement completion. The offering is available to accredited investors across Canada and may also be conducted in the United States.
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Company Information
Company
Silver Storm Mining
Location
Toronto, Ontario, Canada
About
Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm recently completed the acquisition of 100% of the La Parrilla Silver Mine Complex, a prolific operation which is comprised of a 2,000 tpd mill as well as five underground mines and an open pit that collectively produced 34.3 million silver-equivalent ounces between 2005 and 2019. The Company also holds a 100% interest in the San Diego Project, which is among the largest undeveloped silver assets in Mexico.
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