Kootenay Silver Announces C$10 Million Bought Deal Private Placement

Reuters
2026.01.22 12:15
portai
I'm PortAI, I can summarize articles.

Kootenay Silver Inc. has announced a bought deal private placement to raise approximately C$10 million. Red Cloud Securities Inc. will purchase 4,444,445 common shares at C$2.25 each, with an option for an additional 666,667 shares for up to C$1.5 million. Proceeds will fund the Columba and La Cigarra silver projects in Mexico and for general corporate purposes, pending TSX Venture Exchange approval.