VANCOUVER, BC / ACCESSWIRE / April 12, 2024 / SILVER X MINING CORP. (TSX-V:AGX) (F:AGX) (“Silver X” or the “Company”) announces that it has closed the second and final tranche of its previously announced non-brokered private placement offering (the ” Private Placement “) with the placement of 21,621,577 units (the “Units”) at a price of $0.18 per Unit for gross proceeds of $3,891,884. On April 4, 2024, the Company announced the closing of the first tranche of the Private Placement with proceeds of $1,108,116. In total, the Company has placed 27,777,776 units for aggregate gross proceeds of $5,000,000.
Each Unit consists of one common share (a “Share”) and one half of one Share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder to purchase one Share of the Company at a price of $0.30 per Share for a period of 36 months from the date of closing of the Private Placement (the “Closing Date”).
Proceeds of the…
