VANCOUVER, BC / ACCESSWIRE / April 5, 2024 / SILVER X MINING CORP. (TSX-V:AGX) (F:AGX) (“Silver X” or the “Company”) is pleased to announce that, as a result of demand, it has increased the size of its previously announced non-brokered private placement of Units (see new releases March 21, 2024 and April 4, 2024). Silver X will now raise aggregate gross proceeds of up to C$5,000,000 at $0.18 per unit (the “Private Placement“).
Each Unit will consist 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 Private Placement will be used for capital expenditures and exploration related to the Nueva Recuperada Silver District in Peru (the “Project”) and potential acquisitions of…
