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Aftermath Silver is building up its portfolio, with three advanced projects in South America

Last updated: 15:25 07 Jun 2023 EDT, First published: 07:00 07 Oct 2021 EDT

Snapshot

  • Aftermath Silver closes previously announced non-brokered private placement for gross proceeds of $4,145,563
  • Aftermath Silver preparing for metallurgical phase for Berenguela Silver-Copper-Manganese project
Aftermath Silver -

About the company

Aftermath Silver Ltd is a Canadian junior exploration company engaged in acquiring, exploring, and developing mineral properties with an emphasis on silver in Chile. The company is focused of growth through the discovery and acquisition of quality projects in stable jurisdictions. Aftermath Silver continues to seek new opportunities to take advantage of the relatively low silver price.

How it is doing

22 Nov 2022

Aftermath Silver (TSX-V:AAG) said it has closed its previously announced non-brokered private placement with the issuance of 24,385,666 units at a price of $0.17 each for gross proceeds of $4,145,563.

The company said it intends to use the proceeds of the private placement for funding preliminary economic assessments at its silver exploration projects and for working capital and general corporate purposes.

Each unit consists of one common share in the capital of the company and one-half of one non-transferable common share purchase warrant of the company. Each whole warrant is exercisable by the holder to acquire one common share for a period of 24 months from the date of closing of the private placement at a price of C$0.27 per share.

In connection with the private placement, the company issued an aggregate of 245,739 finder's shares and paid finder's commissions of an aggregate of $77,135.

08 Nov 2022

Aftermath Silver (TSX-V:AAG) Ltd said it is increasing the size of its previously-announced, non-brokered private placement from up to 11,764,705 company units to up to 17,647,058 units at a price of $0.17 per unit.

The junior explorer noted that it intends to use the net proceeds from the offering for metallurgical and other technical studies on the Berenguela silver-copper project in Peru, as well as the Challacollo silver-gold project in Chile, and for general working capital purposes.

12 Oct 2022

Aftermath Silver (TSX-V:AAG) said it is launching a non-brokered private placement of up to 11,764,705 units at a price of C$0.17 per unit to raise approximately C$2 million.

The company said it intends to use the net proceeds for metallurgical and other technical studies on the Berenguela silver-copper project in Peru, and the Challacollo silver-gold project in Chile, and for general working capital purposes.

What management says

07 Jun 2023

Aftermath Silver (TSX-V:AAG) CEO Ralph Rushton joins Natalie Stoberman from the Proactive studios to share its latest updates from the Berenguela Silver-Copper-Manganese project as it prepares to enter metallurgical test work.

Aftermath Silver (TSX-V:AAG) is a leading Canadian junior exploration company focused on silver, and aims to deliver shareholder value through the discovery, acquisition and development of quality silver projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The company's projects have been selected based on growth and development potential.

Aftermath Silver preparing for metallurgical phase for Berenguela...

Aftermath Silver (TSX-V:AAG) CEO Ralph Rushton joins Natalie Stoberman from the Proactive studios to share its latest updates from the Berenguela Silver-Copper-Manganese project as it prepares to enter metallurgical test work. Aftermath Silver (TSX-V:AAG) is a leading Canadian junior...

on 7/6/23