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Silver North Announces $500,000 Non-Brokered Private Placement
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About this update from Silver North Resources Ltd.
[{"type":"text","content":"Silver North Announces $500,000 Non-Brokered Private Placement\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Not for distribution to United\nStates Newswire Services or for dissemination in the United\nStates.\n \n \n \n \n Vancouver, BC /\n \n \n TheNewswire /\n \n \n March 14, 2024\n \n –\n \n Silver North Resources Ltd.\n \n \n (TSX-V: SNAG, OTCQB: TARSF,\nFrankfurt:I90,\n \n “\n \n Silver\nNorth\n \n ” or the “\n \n Company\n \n ”) is pleased to announce a non-brokered private\nplacement of 5 million Units of the Company at a price of C$0.10 per\nUnit for gross proceeds to the Company of up to $500,000 (the “\n \n Offering\n \n ”).\n \n \n The Units will consist of one common share and one non-transferable\ncommon share purchase warrant allowing the holder to buy an additional\nshare for each full warrant held for a period of three years at $0.20\nper additional share.\n \n \n The closing of the Offering is expected to occur on or about April\n10\n \n th\n \n , 2024 and is subject\nto receipt of all necessary regulatory approvals including the TSX\nVenture Exchange (the “TSX-V”). Finder’s fees of 7% in cash will\nbe paid to eligible parties. The securities issued with respect to the\nOffering will be subject to a hold period of four months and one day\nin accordance with applicable securities laws.\n \n \n This news release does not constitute an offer of securities for sale\nin the United States. The securities being offered have not been, nor\nwill they be, registered under the United States Securities Act of\n1933, as amended, and such securities may not be offered or sold\nwithin the United States absent U.S. registration or an applicable\nexemption from U.S. registration requirements.\n \n \n \n About Silver North Resources Ltd.\n \n \n \n Silver North’s primary assets are its 100% owned Haldane silver\nproject (next to Hecla Mining Inc.’s Keno Hill Mine project) and the\nTim silver project (under option to Coeur Mining, Inc.).  Silver\nNorth also holds gold and base metal projects in Yukon Territory,\nColorado and Nevada and is actively seeking partners for them. Silver\nNorth also plans to acquire additional silver properties in favourable\njuris...