TORONTO, July 29, 2025 /CNW/ - Silver Mountain Resources Inc. (TSXV:AGMR.VN) (OTCQB: AGMRF) ("Silver Mountain" or the "Company"), is pleased to announce that it has completed its previously announced prospectus offering (the "Offering") of units of the Company (the "Units"). The Offering was completed on a "bought deal" basis pursuant to an underwriting agreement (the "Underwriting Agreement") dated July 21, 2025 among the Company and a syndicate of underwriters, including Velocity Capital Partners, as sole bookrunner, and as co-lead underwriters with SCP Resource Finance LP, together with Research Capital Corporation and Stifel Nicolaus Canada Inc (collectively, the "Underwriters"). Pursuant to the Offering, the Company issued an aggregate of 19,230,300 Units at a price of $1.30 per Unit (the "Offering Price") for aggregate gross proceeds of $24,999,390, including the full exercise by the Underwriters of the over-allotment option to purchase an additional 2,508,300 Units at the Offering Price.
Read more at newswire.caSilver Mountain Completes Oversubscribed $25 Million Bought Deal Prospectus Offering
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