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Blende Silver Corp. - Private Placement

(TheNewswire) Vancouver, Canada – TheNewswire - November 19, 2021 ...

articleBlende Silver Corp.November 19, 20215/company/blende-silver-corp/news/blende-silver-corp-private-placement
Blende Silver Corp. - Private Placement

About this update from Blende Silver Corp.

[{"type":"text","content":"Blende Silver Corp. - Private Placement \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, Canada –\n \n \n TheNewswire\n- November 19, 2021\n \n \n – Blende Silver Corp. (the\n“Company”) (TSXV:BAG) announces\n \n \n a\nnon-brokered private placement of both Flow-Trough and Non\nFlow-Through units. Up to 15,000,000 Flow-though units, at a price of\n$0.10 per unit and up to 18,750,000 Non Flow-Through units, at a price\nof $0.08 per unit could be issued, All units will consist of one\ncommon share and one share purchase warrant exercisable at $0.20 per\nshare for a period of 4 years from the closing.\n \n \n \n \n The\n \n \n proceeds from the private\nplacement will be used to advance the Blende property and for general\nworking capital.\n \n \n The private placement is\nsubject to TSX Venture Exchange approval and all securities are\nsubject to a four month hold period. Finder’s fees may be payable in\nconnection with the private placement, all in accordance with the\npolicies of the TSX Venture Exchange.\n \n \n \n \n About Blende Silver Corp.\n \n \n \n \n \n Blende Silver Corp. is a Vancouver-based junior resource company\nfocused on silver-zinc-lead exploration and development at the\ncompany’s flagship Blende Deposit in north-central Yukon. The 100%\nowned property is the largest carbonate-hosted Ag-Zn-Pb deposit in\nYukon and one of the largest undeveloped Ag-Zn-Pb deposits in Western\nCanada. It is winter-road accessible, 5,345 ha and situated 63 km\nnortheast of Keno Hill, Yukon. The property has had more than $9.2M in\npast exploration ($5.2M by Blende Silver); including 25,195 meters of\ndrilling in 132 drillholes.\n \n \n \n \n For further information please contact:\n \n \n \n \n Blende Silver Corp.\n \n \n \n \n “Andrew H. Rees”\n \n \n \n \n Andrew H. Rees, Director\n \n \n \n \n Tel:  604-505-3739\n \n \n \n \n Neither the TSX Venture Exchange nor its Regulation\nService Provider (as that term is defined in the policies of the TSX\nVenture Exchange) accepts responsibility for the adequacy or accuracy\nof this release.\n \n \n \n \n This news release contains certain forward-looking\nstatements which involve known and unknown risks, delays, and\nuncertainties not under the control of Blende Silver Corp. which may\ncause actual results, performan...

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