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Tier One Silver raises C$388,749 in private placement, with insiders investing C$150,000.
Tier One Silver Inc. has completed the first part of its private placement, raising C$388,749 by issuing 5,183,333 units at C$0.075 each.
Each unit includes one common share and a warrant to buy another share at C$0.15 within three years.
Insiders bought 2,000,000 units for C$150,000.
The funds will support general working capital.
The company plans to extend the second tranche by 30 days, pending approval.
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Tier One Silver recauda C$388.749 en colocación privada, con internados invirtiendo C$150,000.