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Silver Viper Minerals Announces $3 Million Private Placement
Silver Viper Minerals Announces $3 Million Private Placement Canada NewsWire ...
About this update from Silver Viper Minerals Corp.
[{"type":"text","content":"\n \n \n \n Silver Viper Minerals Announces $3 Million 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 9, 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 the Company intends to undertake a non-brokered private placement financing (the \"\n \n Offering\n \n \") to raise gross proceeds of up to\n \n $3,000,000\n \n from the sale of up to 30,000,000 units (\"\n \n Units\n \n \") at a price of\n \n $0.10\n \n per Unit, each Unit consisting of one common share of the Company (each, a \"\n \n Share\n \n \") and one warrant (each, a \"\n \n Warrant\n \n \"). Each Warrant will entitle the holder thereof to acquire one Share from the Company at a price of\n \n $0.20\n \n per Share for a period of 24 months from their date of issue.\n \n \n \n \n \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 Offering is anticipated to close in a series of tranches, with the first tranche on or about\n \n March 13, 2023\n \n . The closing of the Offering is subject to certain conditions, including the approval of the TSX Venture Exchange and certain other conditions customary for a private placement of this nature. All securities issued pursuant to the Offering will be subject to a statutory four month and one day hold period from their respective date of issue.\n \n \n The Company may pay a finder's fee in respect of those purchasers under the Offering introduced to the Company by certain persons (each a \"\n \n Finder\n \n \"). Each Finder will receive a cash payment equal to 6% of the gross proceeds received by the Company from purchasers under the Offering who were introduced to the Company ...