The Prospector News

Arizona Gold and Silver Announces Over-Allotment to Oversubscribed Private Placement

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Arizona Gold and Silver Announces Over-Allotment to Oversubscribed Private Placement

 

 

 

 

 

Arizona Gold and Silver Inc. (TSX-V: AZS)  (OTCQB:AZASF) The Company is pleased to announce that due to investor demand, the size of its non-brokered private placement previously announced on August 28, 2025 has been increased to 6,666,666 units from 3,333,333 Units of the Company at a price of CAD$0.30 with total proceeds of CAD$2,000,000.  Each Unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the Company for a period of 36 months from the date of issue at an exercise price of CAD$0.40 per Warrant Share.

 

All securities issued under the private placement will be subject to a hold period of four months and one day from the closing date. The Company may pay finders’ fees in cash or warrants. The private placement and finders’ fees are subject to regulatory approval.

 

Net proceeds of the private placement will be used for project exploration and general working capital purposes.

 

About Arizona Gold & Silver Inc.

 

Arizona Gold is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off an epithermal gold-silver system.

 

Posted September 2, 2025

Share this news article

MORE or "UNCATEGORIZED"


PTX Metals Inc. Announces Second Closing of Private Placement

PTX Metals Inc. (TSX-V: PTX) is pleased to announce the closing of the second tranche (with an addit... READ MORE

October 2, 2025

Lion One Produces 5,704 Tonnes at 10.60 g/t Gold from First Shrinkage Stope at Tuvatu and Increases Underground Development Rates by 70%

Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) is pleased to provide an update on mining opera... READ MORE

October 2, 2025

ESGold Secures C$9 Million Strategic Partnership with Ocean Partners as Montauban Progress Accelerates

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is pleased to announce it has entered into a bind... READ MORE

October 2, 2025

Erdene Announces Updated Resource for the Zuun Mod Molybdenum-Copper Deposit

Erdene Resource Development Corp. (TSX:ERD) (MSE:ERDN) (OTCQB:ERDCD) is pleased to announce a... READ MORE

October 2, 2025

Copper Giant Achieves Up To 92% Copper And 97% Molybdenum Recoveries In Latest Metallurgical Testwork At Mocoa

Copper Giant Resources Corp. (TSX-V: CGNT) (OTCQB: LBCMF) (FRA: 29H0) announces results from i... READ MORE

October 2, 2025

Copyright 2025 The Prospector News