Kootenay Silver Inc. is pleased to announce that it has entered into an agreement with Research Capital Corporation, as sole agent and sole bookrunner in connection with a best efforts, private placement of units of the Company at a price of $0.16 per Unit for gross proceeds of up to $4,000,000.
“In the quarter, we continue to invest heavily in our main driver of value – the Los Ricos district – as we advance our second 100,000 metre drill program,” said Brad Langille, President and CEO.
Peter Hawley, President, CEO reports; “The past year of exploration diamond drilling, underground diamond drilling, definition diamond drilling and finally surface mapping and sampling has been not only aggressive, but has resulted in over 6,900 samples collected and analyzed.”
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