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Silver Wolf Exploration is raising up to C$1.5 million to fund drilling at its Mexican property.
Silver Wolf Exploration Ltd. is raising up to C$1.5 million through a non-brokered private placement of 10 million units at C$0.15 each, with a minimum of 6 million units required.
Each unit includes one common share and half a warrant, with warrants exercisable at C$0.25 per share within 36 months.
Proceeds will fund a 13-hole, 3,000-meter drill program at the Skarn target on its Ana Maria property in Mexico, plus general working capital.
The offering is subject to TSX Venture Exchange approval and will use the Listed Issuer Financing Exemption.
Units may be sold in Canada (excluding Quebec), offshore, and in the U.S. to qualified investors under exemptions.
Insider participation may be exempt from certain rules, with shares subject to a four-month hold period.
The company holds 2,549 hectares across nine concessions in a mineral-rich region near Gómez Palacio and Torreón.
The offering document is available on SEDAR Plus and the company’s website.
Silver Wolf Exploration está recaudando hasta C $ 1.5 millones para financiar la perforación en su propiedad mexicana.