Silver Mountain Announces C$ 15 Million Bought Deal

Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) (TSXV: AGMR) is pleased to announce that it has entered into an agreement with Velocity Capital Partners., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis 11,540,000 units of the Company (the “Units”) at a price of $1.30 per Unit (the “Offering Price”) for aggregate gross proceeds to Silver Mountain of $15,002,000 (the “Offering”). The post Silver Mountain Announces C$ 15 Million Bought Deal appeared first on AgMR | Silver Mountain Resources Inc..