Silver Storm Mining Ltd. , is pleased to announce that it has closed the first tranche of its previously announced best efforts brokered private placement for total gross proceeds of $10,541,050 , which includes the partial exercise of the agents' option. Under the Offering, the Company sold 81,085,000 units of the Company at a price of $0.13 per Unit . Red Cloud Securities Inc. is acting as lead agent and bookrunner for [...]
Silver Storm Mining Ltd. , is pleased to announce that as a result of strong investor demand, the Company and Red Cloud Securities Inc., as lead agent and bookrunner and Ventum Financial Corp., as co-agent , have agreed to an additional increase in the size of the previously announced best-efforts private placement from gross proceeds of up to C$8,008,000 to gross proceeds of up to C$10,010,000. The upsized Marketed [...]
Silver Storm Mining Ltd. , is pleased to announce that as a result of strong investor demand, the Company and Red Cloud Securities Inc. as lead agent and bookrunner and Ventum Financial Corp, as co-agent , have agreed to increase the size of the previously announced best-efforts private placement from gross proceeds of up to C$6,006,000 to gross proceeds of up to C$8,008,000. The upsized Marketed Offering is comprised of [...]
Silver Storm Mining Ltd. , is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. , to act as lead agent and bookrunner, in connection with a best-efforts private placement for gross proceeds of up to C$6,006,000 from the sale of up to 46,200,000 units of the Company at a price of $0.13 per Unit . Each Unit will consist of one common share of the Company and one common share purchase [...]
Silver Storm Mining Ltd. , is pleased to report the Company has made excellent progress towards securing debt and offtake-linked project financing proposals for the restart of operations at the past producing La Parrilla Silver Mine Complex , in Durango, Mexico. Silver Storm has received several non-binding proposals from leading trading houses for multi-year lead and zinc concentrate offtake agreements, as well as [...]
Silver Storm Mining is pleased to announce the Company has entered into a definitive arrangement agreement dated May 5, 2025 whereby Silver Storm will acquire 100% of the issued and outstanding shares of Till Capital pursuant to a Plan of Arrangement. Transaction Highlights Enhances Silver Storm Liquidity Position - Transaction provides Silver Storm with additional cash liquidity of approximately C$6.2 million, a [...]
Silver Storm Mining is pleased to announce that it has filed an independent National Instrument 43-101 Standards of Disclosure for Mineral Projects Technical Report titled "Independent Technical Report for the La Parrilla Silver Mine" with an effective date of Dec 31, 2024. The Technical Report updates the Mineral Resource estimate at the Company's 100% owned La Parrilla Silver Mine Complex. The Technical Report was [...]
Silver Storm Mining is pleased to announce the results of an updated Mineral Resource estimate reported in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects for the Company's 100% owned La Parrilla Silver Mine Complex. The Updated Mineral Resource Estimate was completed by David F. Machuca-Mory, PhD, PEng, of SRK Consulting. This press release features multimedia. Highlights of the [...]
Silver Storm Mining is pleased to announce that it has closed the final tranche of its non-brokered private placement offering of units of the Company which was initially announced on Dec 5, 2024. Under the Final Tranche of the Offering, 5,043,335 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $453,900.18. Under the Offering, the Company issued an aggregate of 43,333,334 Units raising total [...]
Silver Storm Mining Ltd. , is pleased to announce that on January 30, 2025, the Company closed an additional tranche of the non-brokered private placement offering of units previously announced on December 5, 2024. Under this Tranche of the Offering, 23,951,999 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $2,155,680. This Tranche included a $1,500,000 investment from current significant [...]
Silver Storm Mining Ltd. , is pleased to announce that it is increasing the size of the previously announced non-brokered private placement offering of units of the Company for gross proceeds of up to $3,500,000.01 at a price of $0.09 per Unit subject to approval from the TSX Venture Exchange . The Offering will include an investment of $1.5 million from current significant shareholder First Majestic Silver Corp. . See [...]
Silver Storm Mining Ltd. , is pleased to announce that on January 16, 2025, it closed the third tranche of its non-brokered private placement offering of units of the Company previously announced on December 5, 2024. Under the Third Tranche of the Offering, 8,716,667 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $784,500.03. The Third Tranche included a $500,000 investment from current [...]