Business
Blackrock Silver Announces C$15 Million Strategic Investment by Two Cornerstone Purchasers
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 13,636,363 units (the "Units") at a price of C$1.10 per Unit for gross proceeds of up to C$15,000,000. Each Unit will be comprised of one common share of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole...
About this update from Blackrock, Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 24, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 13,636,363 units (the "Units") at a price of C$1.10 per Unit for gross proceeds of up to C$15,000,000. Each Unit will be comprised of one common share of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of C$1.50 per Common Share for a period of two years from the closing date of the Offering. The Company expects that two cornerstone investors will purchase all or substantially all of the Units to be issued under the Offering.","length":890,"tagName":"p"},{"type":"text","content":"The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange (the "TSX-V"). All securities to be issued in connection with the Offering will have a hold period of four months and one day from the closing of the Offering.","length":336,"tagName":"p"},{"type":"text","content":"The net proceeds of the Offering are intended to be used by the Company to fund exploration, permitting and pre-development activities on the Company's Tonopah West project and for general working capital.","length":209,"tagName":"p"},{"type":"text","content":"Andrew Pollard, Blackrock's President and Chief Executive Officer, commented: "The $15 million investment from two strategic buyers, including one of our largest shareholders and a new cornerstone investor, demonstrates strong alignment around our vision for Tonopah West. As an emerging American silver developer, the funding strengthens our balance sheet and enables us to advance aggressively on exploration, pre-development, and permitting initiatives."","length":471,"tagName":"p"},{"type":"text","content":"The Company may pay finder's fees in connection with the Offering of up to 6% in cash and, for those applicable, finder's warrants ("Finder's Warrants") equal to up to 6% of such Units placed by the finder, each Finder...