Silver Predator Corp. (TSXV:SPD) announced a non-brokered private placement of up to 15,000,000 common shares at a price of CAD 0.05 per common share for gross proceeds of CAD 750,000 on August 3, 2016. The transaction is subject to approval from TSX Venture Exchange. The securities issued are subject to four months hold period. The transaction is expected to close on or about August 10, 2016.