Core Silver Closes CA$1.3 Million Private Placement

05:22 PM EDT, 10/14/2026 (MT Newswires) -- Core Silver (CC.CN) after the market closed on Wednesday said it completed a non-brokered private placement, raising gross proceeds of about CA$1.3 million, up from the CA$1 million previously announced. The company issued about 2.3 million flow-through units at CA$0.55 each. Each unit consists of one flow-through common share and one-half of a common share purchase warrant. Each whole warrant is exercisable for one common share at CA$0.85 within two years of issuance. Core Silver said it will use the proceeds to fund exploration expenses at its Touleary project in Yukon by Dec. 31, 2027. The company's shares closed down CA$0.03 at CA$0.425 on the Canadian Securities Exchange.