Business
Silver Wolf Announces Life Offering of Units for up to CAD $1.5 Millon
Not for distribution to United States newswire services or for dissemination in the United States...
About this update from Silver Wolf Exploration Ltd.
[{"type":"text","content":"Silver Wolf Announces Life Offering of Units for up to CAD $1.5 MillonNot for distribution to United States newswire services or for dissemination in the United States. VANCOUVER, BC / ACCESS Newswire / October 28, 2025 / Silver Wolf Exploration Ltd. (TSX-V:SWLF)(OTCQB:SWLFF) (\"Silver Wolf\" or the \"Company\") is pleased to announce a non-brokered private placement (the \"Offering\") of up to 10,000,000 units of the Company (\"Units\") at a purchase price of C$0.15 per Unit for aggregate gross proceeds of up to C$1,500,000, subject to a minimum of 6,000,000 Units for gross proceeds of not less than C$900,000. Subject to the acceptance of the Offering by the TSX Venture Exchange (\"TSX-V\"), the Company will carry out the Offering utilizing the Listed Issuer Financing Exemption, and the shares to be issued as part of the Units will be free-trading except in certain cases. The Company reserves the right to increase the size of the Offering, subject to the approval of the TSX-V.Each Unit will be comprised of one (1) common share (\"Common Share\") of the Company and one half (1/2) of one non-transferable Common Share purchase warrant (\"Warrant\"). Each whole Warrant will entitle the holder to purchase one additional Common Share of the Company at an exercise price of $0.25 at any time up to 36 months following the date of issuance. Finder's fees may be paid by the Company in connection with the Units sold under the Offering as permitted under the policies of the TSX-V and applicable securities laws.The Units may be offered in all provinces of Canada except Quebec. The Units may also be sold in offshore jurisdictions where permitted by law, and in the United States to Qualified Institutional Buyers as defined in Rule 144A under the United States Securities Act of 1933, as amended (the \"1933 Act\"), as well as \"accredited investors\" as defined in Rule 501(a) of Regulation D under the 1933 Act, by way of private placement pursuant to available exemptions from the registration requirements of the 1933 Act.The net proceeds of the Offering will be used for a 13 hole, 3,000 meter drill program at the Skarn target on the central claim at the Ana Maria property in Mexico, and for the Company's general working capital requirements.There is an offering document related to this Offering that will be available and can be accessed under th...