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Silver Viper Closes $4.5Million First Tranche of Private Placement
Silver Viper Closes $4.5Million First Tranche of Private Placement Canada NewsW...
About this update from Silver Viper Minerals Corp.
[{"type":"text","content":"\n \n \n \n Silver Viper Closes $4.5Million First Tranche of Private Placement\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 \n \n \n \n \n \n Canada NewsWire\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 TSX.V: VIPR, OTC:VIPRF\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 1, 2021\n \n /CNW/ -\n \n Silver Viper Minerals Corp.\n \n (\"\n \n Silver Viper\"\n \n or the \"\n \n Company\n \n \") (TSXV: VIPR) is pleased to announce that it has closed the first tranche (the \"\n \n First Tranche\n \n \") of its\n \n $6 million\n \n private placement announced on\n \n May 25, 2021\n \n (the \"\n \n Offering\n \n \"), issuing 9,717,061 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.47\n \n per Unit for aggregate gross proceeds of\n \n $4.57 million\n \n .\n \n \n \n \n \n \n \n \n \n Each Unit consists of one common share (each, a \"\n \n Share\n \n \") and one-half of one common share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \"). Each Warrant entitles the holder thereof to acquire one Share at the price of\n \n $0.65\n \n per Share until\n \n June 1, 2023\n \n . The Shares and Warrants comprising the Units and any Shares issued upon the exercise of the Warrants are subject to a statutory hold period which expires on\n \n October 2, 2021\n \n .\n \n \n The Company intends to use the net proceeds from the Offering for working capital requirements and other general corporate purposes.\n \n \n The Company has agreed to pay a finder's fee to certain finders in respect of those purchasers under the Offering introduced to the Company by such finder. In connection with the closing of the First Tranche, Silver Viper paid finder's fees of\n \n $10,575\n \n to Haywood Securities.\n \n \n The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \"\n \n U.S. Securities Act\n \n \"), or any state securities laws, and accordingly, may not be offered or so...