Alaska Silver Corp. Launches $12M Unit Offering for Exploration and Growth
Alaska Silver Corp. has launched an offering of 18,460,000 Units, priced at US$0.65 each. The deal aims to raise approximately US$12 million in gross proceeds. The company plans to use the funds for mineral exploration, debt repayment, and general operations.
Each Unit in the offering includes one subordinate voting share and one Warrant. The Warrants allow holders to buy an additional share at US$0.97 within three years of the closing date. The company has also agreed to issue Underwriters' Warrants, covering up to 4.0% of the Units sold.
The proceeds from the sale will support Alaska Silver Corp.’s exploration projects, debt reduction, and working capital needs. The transaction remains subject to final regulatory approval and customary closing conditions. Investors can access further details through the company’s official channels.
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