Silver Range Resources’ New Private Placement

Silver Range Resources (TSE:SNG) has released an update.

Silver Range Resources Ltd. is raising $300,000 through a private placement of up to 3,750,000 units priced at $0.08 each, which includes a common share and a purchase warrant. These funds are designated for general working capital and to finance exploration activities in the United States. The units come with a four-month hold period, with a potential expedited warrant expiry if share prices rise post-hold period.

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