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Silver Viper Closes First Tranche of Private Placement
Silver Viper Closes First Tranche of Private Placement Canada NewsWire /NOT F...
About this update from Silver Viper Minerals Corp.
[{"type":"text","content":"\n \n \n \n Silver Viper Closes 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.prntac{\nTEXT-ALIGN: CENTER\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 VANCOUVER, BC\n \n \n ,\n \n \n March 13, 2023\n \n \n /CNW/ -\n \n Silver Viper Minerals Corp.\n \n (the \"\n \n Company\n \n \" or \"\n \n Silver Viper\n \n \") (TSXV: VIPR) (OTC: VIPRF) is pleased to announce that it has closed the first tranche (the \"\n \n First\n \n \n Tranche\n \n \") of its\n \n $3 million\n \n private placement announced on\n \n March 9, 2023\n \n (the \"\n \n Offering\n \n \"), issuing 6,550,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.10\n \n per Unit for aggregate gross proceeds of\n \n $655,000\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 warrant (each, a \"\n \n Warrant\n \n \"). Each Warrant entitles the holder thereof to acquire one Share at the price of\n \n $0.20\n \n per Share until\n \n March 13, 2025\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 July 14, 2023\n \n .\n \n \n The funds will be used to continue surface exploration including mapping and sampling in preparation for a future drill campaign at the Company's La Virginia Gold-Silver Project located in\n \n Mexico\n \n . In addition, a portion of the funds raised will be used 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 will pay finder's fees of\n \n $1,500\n \n to Haywood Securities Inc.\n \n \n The securities described herein have not been, and will not be, registered under the Un...