AbraSilver Announces Closing of C$10M Bought Deal Private Placement

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Last update: Dec 6, 2022

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TORONTO, Dec. 06, 2022 (GLOBE NEWSWIRE) -- AbraSilver Resource Corp. (“AbraSilver” or the “Company”) (TSXV: ABRA; OTCQX: ABBRF) is pleased to announce that it has closed its previously announced underwritten private placement financing (the “Offering”), including the exercise in full of the underwriters’ option. Pursuant to the Offering, the Company issued an aggregate of 27,027,000 units (the “Units”) for gross proceeds of $9,999,990.