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Canada Silver Cobalt Announces Upsized $3 Million Marketed Private Placement of Flow-Through Shares
(TheNewswire) Coquitlam, BC – TheNewswire - December 6 ...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Canada Silver Cobalt Announces Upsized $3 Million Marketed Private Placement of Flow-Through Shares\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Coquitlam, BC –\n \n \n TheNewswire\n-\n \n \n December\n \n \n 6\n \n \n , 2021 - Canada Silver Cobalt Works Inc.\n \n \n (TSXV:CCW) (OTC:CCWOF) (Frankfurt: 4T9B) (the\n\"\n \n \n Company\n \n \n \" or \"\n \n \n Canada Silver Cobalt\n \n \n \") announces that,\ndue to strong investor demand, it has agreed with Research Capital\nCorporation, as sole bookrunner, and together with Canaccord Genuity\nCorp. as co-lead agents (together, the “\n \n \n Agents\n \n \n ”), to\nincrease the size of the previously announced best efforts private\nplacement offering for gross proceeds from up to $2,000,000 to up to\n$3,000,000 (the “\n \n \n Offering\n \n \n ”). For more details on the\nOffering, refer to the Company’s previous press release dated\nDecember 3, 2021, as filed on SEDAR at www.sedar.com.\n \n \n \n \n The Agents will have an option (the “\n \n \n Agents’ Option\n \n \n ”)\nto offer for sale up to an additional 15% of the number of federal\nflow through common shares and/or Québec flow-through common shares\nsold in the Offering at the Offering Price, which Agents’ Option is\nexercisable, in whole or in part, at any time up to 48 hours prior to\nthe closing of the Offering.\n \n \n \n \n The securities being offered have not been, nor will\nthey be, registered under the United States\n \n \n Securities Act of 1933\n \n \n , as amended, and such securities may not be offered or sold\nwithin the United States or to, or for the account or benefit of, U.S.\npersons absent registration or an applicable exemption from U.S.\nregistration requirements and applicable U.S. state securities\nlaws.\n \n \n \n \n About Canada Silver Cobalt Works\nInc.\n \n \n \n \n Canada Silver Cobalt Works Inc. recently discovered a\nmajor high-grade silver vein system at Castle East located 1.5 km from\nits 100%-owned, past-producing Castle Mine near Gowganda in the\nprolific and world-class silver-cobalt mining district of Northern\nOntario. This discovery has the highest silver resource grade in the\nworld, with recent drill intercepts of up to 89,853 grams/tonne silver\n(2,621 oz/ton Ag). A drill program is underway to expand the si...