Blende Silver plans private placement raising up to $2.5 million
Reuters2026/08/20 23:01- Blende Silver launched a non-brokered private placement targeting up to CAD 2.5 million through flow-through and non-flow-through units.
- Offering terms: up to 6,000,000 flow-through units at CAD 0.25; up to 5,000,000 non-flow-through units at CAD 0.2.
- Each unit includes one share, one warrant exercisable at CAD 0.3 for two years; all warrants are non-flow-through.
- Flow-through proceeds earmarked for Canadian exploration expenses on the Blende property, with renunciation planned by Dec. 31, 2026.
- Non-flow-through proceeds to fund work on the Blende property, with remaining funds allocated to general working capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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