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23.06.25 - 16:33
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Silver Storm Announces Non-Brokered Private Placement LIFE Offering for Gross Proceeds of up to C$2.6 Million (Business Wire)
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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the “Company”) (TSX.V: SVRS | FSE: SVR), is pleased to announce its intention to complete a non-brokered private placement (the “Offering”) for gross proceeds of up to C$2,600,000 from the sale of up to 20,000,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).
Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the date of issuance.
Greg McKenzie, President & CEO of Silver Storm commented: “We are pleased with the commencement of institutional interest in the company, this equity raise...
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11.06.25 - 15:00
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Silver Storm Closes Final Tranche of $12,012,000 Brokered Life Financing (Business Wire)
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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has closed the second and final tranche (the “Final Tranche”) of its previously announced best efforts brokered private placement (the “Offering”) for total gross proceeds of $1,470,950 from the sale of 11,315,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). In aggregate pursuant to the Offering, the Company sold 92,400,000 Units at the Offering Price for aggregate gross proceeds of C$12,012,000, which includes the full exercise of the agents' option. Red Cloud Securities Inc. acted as lead agent and bookrunner for the Offering and Ventum Financial Corp. acted as co-agent (collectively, the “Agents”). The Offering was originally announced on May 20, 2025, and subsequently updated ...
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05.06.25 - 19:57
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Silver Storm Closes First Tranche of Brokered Life Financing for Gross Proceeds of $10,541,050, Including Investment by Eric Sprott (Business Wire)
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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced best efforts brokered private placement for total gross proceeds of $10,541,050 (the “Offering”), which includes the partial exercise of the agents' option. Under the Offering, the Company sold 81,085,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”). Red Cloud Securities Inc. is acting as lead agent and bookrunner for the Offering and Ventum Financial Corp. is acting as co-agent (collectively, the “Agents”). The Offering was originally announced on June 20, 2025, and subsequently updated on June 29, 2025, and June 30, 2025.
The First Tranche included a $1,001,000 investment from current significant share...
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30.05.25 - 13:03
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Silver Storm Announces a Further Upsize of Its Brokered Private Placement for Gross Proceeds of up to C$10.0 Million With Participation From Eric Sprott (Business Wire)
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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that as a result of strong investor demand, the Company and Red Cloud Securities Inc., as lead agent and bookrunner and Ventum Financial Corp., as co-agent (collectively, the “Agents”), have agreed to an additional increase in the size of the previously announced best-efforts private placement (the “Marketed Offering”) from gross proceeds of up to C$8,008,000 to gross proceeds of up to C$10,010,000. The upsized Marketed Offering is comprised of the sale of up to 77,000,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).
Mr. Eric Sprott, through 2176423 Ontario Ltd. and current significant shareholder of the Company, has indicated his intention to participate in the Offering
Each Unit will consist...
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21.05.25 - 13:18
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Silver Storm Announces Brokered Private Placement for Gross Proceeds of up to C$6.0 Million (Business Wire)
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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/
TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “Agent”), to act as lead agent and bookrunner, in connection with a best-efforts private placement (the “Marketed Offering”) for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company (each, a “Unit”) at a price of $0.13 per Unit (the “Offering Price”).
Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder to purchase one common share (each, a “Warrant Share”) at a price of C$0.20 at any time on or before that date which is thirty-six (36) months after the Closing Date (as hereinafter defined).
Th...
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08.05.25 - 13:21
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Silver Storm Advances Offtake Financing for Restart of La Parrilla Silver Mine Complex (Business Wire)
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TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTC: SVRSF | FSE: SVR), is pleased to report the Company has made excellent progress towards securing debt and offtake-linked project financing proposals for the restart of operations at the past producing La Parrilla Silver Mine Complex (“La Parrilla”), in Durango, Mexico.
Silver Storm has received several non-binding proposals from leading trading houses for multi-year lead and zinc concentrate offtake agreements, as well as traditional debt providers. Each proposal includes an associated prepayment or structured finance facility to provide near-term funding for restart activities at La Parrilla.
The proposals received to-date include:
Financing facilities ranging from US$15 - US$17 million
Duration of 36 - 48 months
Annual interest rates based on SOFR 3-month rate 1 + acceptable customary premium
Note 1. Secured Overnight Financing Rate
All proposals are subject to customary conditions ...
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06.05.25 - 13:06
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Silver Storm Announces Acquisition of Till Capital (Business Wire)
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TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm”) (TSX.V: SVRS | OTC: SVRSF | FSE: SVR) is pleased to announce the Company has entered into a definitive arrangement agreement dated May 5, 2025 (the “Agreement”) whereby Silver Storm will acquire 100% of the issued and outstanding shares of Till Capital Corp. (“Till”) (TSX.V:TILL) pursuant to a Plan of Arrangement (the “Transaction”).
Transaction Highlights
Enhances Silver Storm Liquidity Position – Transaction provides Silver Storm with additional cash liquidity of approximately C$6.2 million, a meaningful contribution towards the required capital expenditures for restarting La Parrilla.
Provides a Portfolio of Mineral Investments and Royalties – Till holds a 51.8% majority interest in Silver Predator Corp. (TSXV:SPD) (“Silver Predator”) which holds several prospective high-grade silver projects located in the Coeur d'Alene Silver District and Nevada, as well as a portfolio of royalty interests on mineral explorat...
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