Source: Pantera Silver Corp.
  • 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.


More From The Market Online

Canadian GoldCamps enters deal to buy F3 Uranium subsidiary

Canadian GoldCamps (CSE:CAMP) has entered into a letter of intent with F3 Uranium to acquire F3 Uranium's wholly owned subsidiary F4 Uranium.

Plunging microcap stock American Lithium triples project’s value

American Lithium (TSXV:LI) has released a technical report on the preliminary economic assessment for its Falchani lithium project in Peru.

Rome Resources to begin drilling at Bisie North Tin Project

Rome Resources (TSXV:RMR) is set to begin extension drilling at its Bisie North Tin Project in the eastern Democratic Republic of the Congo.

Ivanhoe Mines stock dips despite record-breaking performance

Ivanhoe Mines (TSX:IVN) opened lower after reporting its Q4 and full-year 2023 financial results below analyst estimates.