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Silver X Mining Announces Bought Deal Life Offering for Gross Proceeds of up to C$10.0 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / September 11, 2025 /Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) ("Silver X" or the "Company") is pleased to ...
About this update from Argan, Inc.
[{"type":"text","content":"NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES","length":97,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / September 11, 2025 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) ("Silver X" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter on behalf of a syndicate of underwriters including Laurentian Bank Securities (collectively, the "Underwriters") pursuant to which the Underwriters shall purchase for resale 20,000,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Offering Price") on a "bought deal" basis for gross proceeds of C$10,000,000 (the "Offering").","length":677,"tagName":"p"},{"type":"text","content":"Each Unit will consist of one common share of the Company (each, a "Common Share") and one-half Common Share purchase warrant (each, a "Warrant"). Each whole Warrant shall entitle the holder to purchase one Common Share (each, a "Warrant Share") at a price of C$0.70 at any time on or before that date which is 24 months after the closing date of the Offering.","length":390,"tagName":"p"},{"type":"text","content":"The Company has granted the Underwriters an over-allotment option, exercisable up to 48 hours prior to the Closing Date to purchase for resale up to 4,000,000 additional Units at the Offering Price to raise additional gross proceeds of up to C$2,000,000.","length":254,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds from the Offering for capital and exploration expenditures related to the Company's operations in the Nueva Recuperada Silver District in Peru as well as for working capital and general corporate purposes.","length":253,"tagName":"p"},{"type":"text","content":"The Offering is scheduled to close on September 29, or such other date as the Company and the Underwriters may agree, and is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange.","length":272,"tagName":"p"},{"type":"text","content":"There is an offering document related to the Offering that can be accessed under the Company...