Business
Norseman Silver Closes Financing
Vancouver, BC - TheNewswire - February 13, 2023 - Norseman Silver Inc. (TSXV:NOC) (“Norseman” or the “Company”) is pleased to announce that, further to its pres
About this update from Fitzroy Minerals Inc
[{"type":"text","content":"Vancouver, BC - TheNewswire - February 13, 2023 - Norseman Silver Inc. (TSXV:NOC) (“Norseman” or the “Company”) is pleased to announce that, further to its press releases of January 17, 2023 and January 25, 2023, it has increased and closed its previously announced non-brokered private placement (the “Private Placement”) of 7,500,000 units (each a “Unit”) at a price of $0.10 per Unit for aggregate proceeds of $750,000 to 7,800,000 Units for aggregate proceeds of $780,000. Each Unit is comprised of one common share of the Company (each, a “Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of $0.25 for a period of 18 months from the date of issuance. The process proceeds of the Private Placement will be used for exploration on Norseman’s projects in Argentina and British Columbia, Canada, and for general working capital. Finder’s fees of $26,800 cash and 268,000 Warrants have been paid in connection with the Private Placement to qualified parties. The Warrants issued to the finders have an exercise price of $0.25 for a period of 18 months from the date of issuance. All securities issued are subject to a statutory four month and one day hold period from the date of issuance pursuant to applicable securities laws of Canada. For further information, please contact: Sean HurdChief Executive OfficerT: 604 505-4554 This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the United States Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKI...