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Silver Range Resources announces company is going to market to fuel project generation
(NewsDirect) Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to...
About this update from Silver Range Resources Ltd.
[{"type":"text","content":"Silver Range Resources announces company is going to market to fuel project generation\n \n \n (NewsDirect)\n \n \n \n \n Silver Range Resources CEO Mike Power\njoined Steve Darling from Proactive to announce the company has\nannounced a non-brokered private placement initiative with the\nobjective of raising up to $600,000.\n \n \n Each unit offered in this placement will comprise one common\nshare and one non-transferable share purchase warrant. Holders of\nthese warrants will be entitled to purchase an additional common share\nat a price of $0.15 per share within a two-year period from the\nclosing date.\n \n \n Power elaborated on\nSilver Range Resources' profile and strategic direction. As a\nprecious metals prospect generator, the company operates in two\nsignificant regions — Nevada and Northern Canada. The company's\nportfolio consists of 42 properties, with 14 currently under option\nagreements with other parties. Additionally, four projects have been\nconverted into royalty interests, underscoring the diverse strategies\nSilver Range employs to maximize value from its properties.\n \n \n Furthermore, Power revealed that the\ncompany is actively pursuing joint venture partnerships to explore the\nhigh-grade precious metals targets within its portfolio. This\ncollaborative approach aligns with Silver Range's objective of\nunlocking the potential of its properties while mitigating exploration\nrisk.\n \n \n The private placement initiative represents a strategic\nmove to secure funding that can further propel the company's\nexploration and development efforts. The anticipated closing of the\noffering by October reflects Silver Range Resources' proactive\napproach to advancing its projects and capitalizing on market\nopportunities.\n \n \n \n Contact Details\n \n \n \n Proactive\nCanada\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2387,"tagName":"div"}]