APGOF) Closes Initial $25 Million Tranche of Private Placement Offering

Date:







VANCOUVER, British Columbia, October 23 (
www.investorideas.com
Newswire) Apollo Silver Corp. (
TSX.V:APGO) (OTCQB:APGOF) ( Frankfurt:6ZF0) is pleased to
announce the Company has closed the first tranche, representing the
majority of its previously announced upsized non-brokered private
placement (the “Upsized Offering”), raising gross proceeds
of $25,134,145 through the issuance of 6,981,707 units (the
“Units”) of the Company at a price of $3.60 per Unit. The
Upsized Offering totals $26,775,648, with the final tranche of 455,973
Units for gross proceeds of $1,641,503 expected to close in the coming
days.


Each Unit issued pursuant…

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