Silver X Mining Launches C$3 Million Private Placement for Peruvian Operations

Silver X Mining ( (TSE:AGX) ) has shared an update.

Silver X Mining Corp. has announced a brokered private placement agreement with Red Cloud Securities Inc. to raise up to C$3 million through the sale of units, each consisting of a common share and a purchase warrant. The proceeds will be used for capital and exploration expenditures in Peru and for general corporate purposes, potentially impacting the company’s operational capabilities and market position.

More about Silver X Mining

Silver X Mining Corp. operates in the mining industry, focusing on the exploration and development of silver resources. The company is primarily engaged in activities within the Nueva Recuperada Silver District in Peru.

YTD Price Performance: -9.52%

Average Trading Volume: 265,172

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$38.36M

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