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Pantera Silver Corp. (TSXV: PNTR) Closes $1.65 Million Private Placement Financing
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Highlights
Pantera Silver Corp. (TSXV: PNTR) has announced the closing of its non-brokered private placement, raising a total of C$1,650,000. The financing was completed by issuing 6,600,000 units at a price of C$0.25 per unit. Each unit consists of one common share and one share purchase warrant, which can be exercised at a price of C$0.40 per share within two years of issuance.
The private placement also includes a cash finder's fee of $4,875, as well as the issuance of 16,000 non-transferable finder's warrants. These warrants allow the holders to purchase common shares in Pantera Silver at C$0.25 per share, exercisable for a period of two years. The proceeds from the financing are expected to support Pantera Silver’s ongoing exploration and development activities.
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