Company
Kootenay Silver Inc
CVE:KTN
Kootenay Silver Inc is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.
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Kootenay Silver brings in C$5M after closing previously announced private placement
The firm said it plans to use the net proceeds for exploration, working capital and general corporate purposes
Kootenay Silver ups offering to more than C$4.3M
The agents have been granted an option to offer for sale an additional 15% of the number of units, which if exercised in full, the total gross proceeds to the company will be up to $5 million