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     249  0 Kommentare Zacatecas Closes Fully Subscribed $3.5 Million Private Placement Financing

    VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) -- Zacatecas Silver Corp. (“Zacatecas Silver” or the “Company”, ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) is pleased to announce that it has closed its previously announced non-brokered private placement financing (see news release dated May 1, 2023) on a fully subscribed basis by issuing 7,809,502 units (each, a “Unit”) at a price of $0.45 per Unit for total proceeds of $3,514,275.90 (the “Offering”).

    Each Unit consisted of one common share (each, a “Common Share”) and one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant entitles the holder to purchase a Common Share at an exercise price of $0.55 for a period of three years from the date of issue.

    The securities under the Offering will be subject to restrictions on resale for a period of four months and day pursuant to applicable securities law, until September 11, 2023. The Company paid finders’ fees totalling $61,967.56 and 137,706 non-transferrable warrants, with each warrant exercisable at $0.45 per share for a period of two years from the date of issue.

    The Company intends to use the net proceeds of the offering to further advance studies at the Esperanza Gold Project, exploration and drilling activities at the silver projects and general working capital purposes.

    The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.

    About Zacatecas Silver Corp.

    The Company has two key projects. The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico.

    Lesen Sie auch

    Esperanza is an advanced stage, attractive low-cost, low-capital-intensity and low-technical-risk growth project located in Morelos state, Mexico. Alamos has progressed the project through advanced engineering, including metallurgical work, while also focusing on stakeholder engagement, including building community relations.   The Company announced a Mineral Resource Estimate at Esperanza consisting of a Measured and Indicated Mineral Resource Estimate of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq and an Inferred Mineral Resource estimate of 8.7 million tonnes at 0.98 g/t AuEq for 277 thousand ounces AuEq (see news release dated November 16, 2022).

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    Zacatecas Closes Fully Subscribed $3.5 Million Private Placement Financing VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) - Zacatecas Silver Corp. (“Zacatecas Silver” or the “Company”, ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) is pleased to announce that it has closed its previously announced …