- Pantera Silver Corp. (PNTR) has announced a non-brokered private placement for gross proceeds of up to $510,000.00
- The company will issue up to 3,400,000 units at a price of C$0.15 per unit
- Each unit will consist of one new Pantera common share and one share purchase warrant
- The company has obtained an initial commitment from a strategic investor for $420,000.00
- Pantera Silver plans to use the net proceeds from the private placement for general corporate purposes and working capital
- Pantera Silver Corp. is a mineral exploration and development company
- Pantera Silver Corp. was up 9.524 per cent, trading at C$0.115 per share
Pantera Silver Corp. (PNTR) has announced a non-brokered private placement for gross proceeds of up to $510,000.00.
The company will issue up to 3,400,000 units at a price of C$0.15 per unit. Each unit will consist of one new Pantera common share and one share purchase warrant at a price of $0.25, exercisable for a period of two years from the date of issuance.
The company has obtained an initial commitment from a strategic investor for $420,000.00.
Pantera Silver plans to use the net proceeds from the private placement for general corporate purposes and working capital.
All securities distributed to the private placement will be subject to a statutory hold period of four months from the date of issuance.
Closing the private placement is subject to receipt of all necessary regulatory approvals.
Pantera may pay finders’ fees in connection with a private placement.
Pantera Silver Corp. is a mineral exploration and development company committed to enhancing shareholder value by advancing a diverse portfolio of mineral projects through collaborative partnerships and highly experienced technical teams.
Pantera Silver Corp. was up 9.524 per cent, trading at C$0.115 per share.
