Equity Metals closes $1.6M private placement for Silver Queen exploration

Equity Metals Corporation (TSX-V:EQTY, OTCQB:EQMEF) has successfully completed a non-brokered flow-through private placement, issuing 8,500,000 premium flow-through units at $0.19 per Unit, generating $1,615,000 in gross proceeds. Each unit comprises one flow-through common share and one share purchase warrant, allowing the purchase of a non-flow-through common share at $0.18 within 5 years. The funds will be utilized for the 2024 exploration program on the Silver Queen Ag-Au project in British Columbia, Canada.