Business
Prince Silver Announces Non-Brokered Private Placement and Strategic Marketing Partnership with Machai Capital
Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, BC / ACCESS Newswire / September 24, 2025 / Prince ...
About this update from Prince Silver Corp.
[{"type":"text","content":"Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.","length":189,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / September 24, 2025 / Prince Silver Corp. ("Prince" or the "Company") (CSE:PRNC)(OTCQB:PRNCF) is pleased to announce a non-brokered private placement of up to 4,687,500 units of the Company ("Units") at a price of $0.64 per Unit for aggregate gross proceeds of up to $3,000,000 (the "Private Placement'). Each Unit will consist of one common share (a "Common Share") and one-half common share purchase warrant, with each full warrant (a "Warrant") being exercisable to purchase one Common Share at a price of $0.95 for 18 months from the date of issuance ; provided that if the closing price of the Company's Common Shares for a period of 10 consecutive trading days is $1.35 or higher, the Company will have the right to accelerate the expiry date of the Warrants upon notice given by press release and the Warrants will thereafter expire on the 30th calendar day after the date of such press release.","length":998,"tagName":"p"},{"type":"text","content":"The Company intends to pay finders' fees in an amount equal to 7% to eligible finders, in accordance with applicable securities laws and the policies of the Canadian Stock Exchange ("CSE"). The Private Placement is subject to approval of the CSE, and all securities issued under the Private Placement will be subject to statutory hold periods expiring four months and one day from the date of closing of the Private Placement pursuant to applicable securities laws and CSE policy.","length":494,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds raised from the Private Placement to expand the current drill exploration program on it's 100% owned Prince Silver Project, located in Nevada, USA as well as for general corporate working capital.","length":244,"tagName":"p"},{"type":"text","content":"Marketing AgreementThe Company has retained Machai Capital Inc. ("Machai") a marketing, advertising and public awareness firm having an office at 101-17565 58th Avenue, Surrey, BC, specializing in the metals &am...