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GR Silver Mining Announces up to $1 Million Private Placement Financing
GR Silver Mining Announces up to $1 Million Private Placement Financing Canada NewsWire...
About this update from Gr Silver Mining Ltd.
[{"type":"text","content":"\n \n \n \n GR Silver Mining Announces up to $1 Million Private Placement Financing\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 11, 2023\n \n \n /CNW/ -\n \n GR Silver Mining Ltd.\n \n (\"GR Silver Mining\" or the \"Company\") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces that it proposes to undertake a non-brokered private placement of units (each, a \"\n \n Unit\n \n \"), at a purchase price of\n \n $0.075\n \n per Unit, to raise total gross proceeds of up to\n \n $1 million\n \n (the \"\n \n Offering\n \n \").  Each Unit will consist of one common share of the Company and one-half (½) of one common share purchase warrant.  Each whole warrant will entitle the holder to purchase one common share of the Company at a price of\n \n $0.12\n \n at any time on or before that date which is 24 months after the closing date of the Offering.\n \n \n \n \n \n \n \n \n \n The gross proceeds received from the sale of the Units will be used for advancement of studies on the Company's Plomosas Project and for general working capital.\n \n \n The Units will be offered to qualified investors in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation.  The Company will pay finders' fees to eligible finders in connection with the Offering, subject to compliance with applicable securities laws and the policies of the TSXV.\n \n \n All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance.  Completion of the Offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV.\n \n \n \n This news release does not constitute an offer to sell or a solicitation of an offer...