Mr. John Carter reports
SILVER BULLET CLOSES FIRST TRANCHE OF FINANCING AND PROVIDES OPERATIONAL UPDATE
Silver Bullet Mines Corp. has closed the first tranche of the non-brokered financing previously announced on Oct. 25, 2023.
The first tranche of the financing consisted of $230,800 by way of units priced at 12 cents per unit, resulting in the issuance of 1,923,333 units. Each unit consisted of one common share and a full warrant exercisable into one common share at 17 cents for a term of two years. There is no acceleration clause on these 17-cent warrants.
The company expects to close the final tranche of the financing in the near future.
We seek Safe Harbor.
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