VANCOUVER, BC, May 2, 2025 /CNW/ - Argenta Silver Corp. (TSXV:AGAG.VN) ("Argenta" or the "Company") is pleased to announce that, further to its press release dated March 13, 2025, it has closed a non-brokered private placement (the "Private Placement") whereby IFIS Ltd. ("IFIS"), an entity controlled by Eduardo Elsztain, acquired an aggregate of 25,000,000 common shares (the "Shares") and 5,200,000 share purchase warrants (the "Warrants") of the Company for total aggregate gross proceeds to Argenta of CAD$5 million. The issued Warrants are exercisable at CAD$0.26 per share for a period of five (5) years from the date of grant. Administrative' fees equal to 4% of the gross proceeds of the Private Placement will be paid in Shares of the Company to certain consultants.
Read more at newswire.caArgenta Completes CAD$5 Million Strategic Investment by Eduardo Elsztain Through Non-Brokered Private Placement and Appoints Mr. Nicolas Bendersky to the Board of Directors
Newswire.ca - Press Release
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