Silver47 Announces Closing of $23 Million Brokered LIFE Financing, Including Full Exercise of the Over-Allotment Option

Vancouver, September 16, 2025 – Silver47 Exploration Corp. (“Silver47” or the “Company”) (TSXV:AGA) (OTCQB:AAGAF) is pleased to announce the closing of its previously announced brokered private placement (the “Offering”) of units (each, a “Unit”) at a price of $0.70 per Unit for aggregate gross proceeds of $23,000,460, including the full exercise of the over-allotment option. The Offering was led by Research Capital Corporation, as lead agent and sole bookrunner, on behalf of a syndicate of agents, including Eventus Capital Corp. and Haywood Securities Inc. (collectively, the “Agents“). Each Unit is comprised of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable to acquire one Common Share at a price of $1.00 per Common Share until September 16, 2028.  The Company intends to use the net proceeds of the Offering for further exploration work on the Company’s projects and for general working capital purposes. The Units were sold in reliance on the “listed issuer financing exemption” from the prospectus requirement available under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed […] Source