With the proceeds of the second tranche, Defiance significantly reduced its outstanding liabilities and increased its cash balance. Defiance also intends to use the proceeds of the financing to permit and complete an aggressive drill program at its San Acacio Silver project.
Sable Resources is pleased to announce a non-brokered offering of a maximum 10 million units priced at $0.15 consisting of one common share and one half of one common share purchase warrant. Each full purchase warrant will entitle the holder to acquire one additional common share of the company at an exercise price of $0.25 for a period of two years. The financing will close on or about April 16th 2019. The Company may pay a finders fee to certain qualified registrants assisting in the Offering in an amount to be determined. Funds will be used to complete phase two drilling and engineering on the Margarita Project in Mexico, complete geological mapping on the Don Julio Project in Argentina and for general corporate purposes.
La negociación se firmó el 8 de marzo y concluyó el 9 del mismo mes. En esta, las beneficiarias del préstamo, así como la filial Dia Bras Perú S.A.C., recibieron asesoría de Payet, Rey, Cauvi, Pérez Abogados (Lima).
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