Business
Blende Silver Corp Closes Non-Brokered Private Placement Tranche Raising Gross Proceeds of $880,500
(TheNewswire) Vancouver, BC - June 25, 2021 - TheNewswire &#x...
About this update from Blende Silver Corp.
[{"type":"text","content":"Blende Silver Corp Closes Non-Brokered Private Placement Tranche Raising Gross Proceeds of $880,500\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n June 25, 2021\n \n \n -\n \n \n TheNewswire\n \n \n – Blende Silver Corp. (the\n“Company”) (TSXV:EAU) announces it has closed the first tranche of\na non-brokered private placement announced May 25, 2021 raising gross\nproceeds of $880,500.  8,805,000 units (“Unit”) have been issued\nat a price of $0.10 per each Unit. Each Unit is comprised of one\ncommon share and one full share purchase warrant (“Warrant”). Each\nwhole Warrant is exercisable to purchase one common share of the\nCompany at a price of $0.20 per share for a period of 36 months from\nclosing of the financing expiring June 25, 2024.\n \n \n \n \n All securities are subject to a four month hold period.\n Finder’s fees payable in connection with this tranche total\n$59,885 and 598,850 finder’s warrants.  Finder’s Warrants are\nexercisable to purchase one common share of the Company at a price of\n$0.20 per share expiring June 25, 2024.  The private placement is\nsubject to TSX Venture Exchange approval.\n \n \n \n \n The proceeds from the private placement will be used to\nadvance the Blende property and for general working capital.\n \n \n \n \n This press release does not constitute an offer of sale\nof any of the foregoing securities in the United States. None of the\nforegoing securities have been and will not be registered under the\nU.S. Securities Act of 1933, as amended (the “1933 Act”) or any\napplicable state securities laws and may not be offered or sold in the\nUnited States or to, or for the account or benefit of, U.S. persons\n(as defined in Regulation S under the 1933 Act) or persons in the\nUnited States absent registration or an applicable exemption from such\nregistration requirements. This press release does not constitute an\noffer to sell or the solicitation of an offer to buy nor will there be\nany sale of the foregoing securities in any jurisdiction in which such\noffer, solicitation or sale would be unlawful.\n \n \n \n \n About Blende Silver Corp.\n \n \n \n \n Blende Silver Corp. is a Vancouver-based junior\nresource company focused on silver-zinc-lead exploration and\nd...