Sierra Madre Gold and Silver Ltd. announced that it has received CAD 1.00002 million in funding
On March 15, 2024, Sierra Madre Gold and Silver Ltd closed the transaction. The company has issued 3,571,500 shares at a price of CAD 0.28 per share for a gross proceeds CAD 1,000,020. In connection with the Offering, the Company paid to an arm?s length finder a cash commission totaling CAD 15,000.30, being 1.5% of the gross proceeds raised under the Offering.
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from one placee.