on Prince Silver Corp. (ASX:HAW)
Prince Silver Corp. Announces Private Placement Initiative
Vancouver-based Prince Silver Corp. has unveiled a non-brokered private placement to raise up to $1.25 million. The initiative involves issuing 3,125,000 units at $0.40 each. Each unit includes one common share and a half warrant, with the full warrant exercisable at $0.60 over a 12-month period. The transaction remains subject to Canadian Stock Exchange (CSE) approval.
Finders may receive 7% in fees, adhering to CSE and securities law policies. Proceeds are earmarked for the Prince Silver Project's exploration in Nevada and corporate capital needs. Issued securities will carry a hold period expiring four months post-closure.
The company emphasizes adherence to forward-looking statements and warns of potential discrepancies due to market conditions.
R. P.
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