The Prospector News

Arizona Gold & Silver Inc. Announces Equity Financing

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Arizona Gold & Silver Inc. Announces Equity Financing

 

 

 

 

 

Arizona Gold & Silver Inc. (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce a non-brokered private placement offering of up to 3,333,333 units at a price of CAD$0.30 per Unit for gross proceeds of up to CAD $1,000,000. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of CAD$0.40 for three years following the closing of the Private Placement.

 

The Company may pay finders’ fees to eligible finders for services in connection with the Private Placement in cash or warrants exercisable into shares.  The terms of the Finders Warrants will be the same terms as the Warrants pursuant to the Private Placement.

 

The Company plans to use the proceeds of the Private Placement for further exploration and drilling of the Philadelphia Property in Mohave County, Arizona, the advancement of other Company projects, as well as for general working capital purposes.

 

All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.

 

The closing of the Private Placement is subject to the receipt of all necessary regulatory approvals.

 

Please refer to our web site for all news and updated property information:

www.arizonagoldsilver.com

 

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 a significant epithermal gold-silver system.

 

Posted August 28, 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