Silver Dollar Arranges Financing with Continued Support from Strategic Investor Eric Sprott

Core Viewpoint - Silver Dollar Resources Inc. is initiating a non-brokered private placement financing to raise up to $1,500,000 through the sale of 6,000,000 units, aimed at funding its drilling campaign at the Ranger-Page Project and for general working capital purposes [1][4]. Financing Details - The units will be priced at $0.25 each, consisting of one common share and one-half of a non-transferable share purchase warrant, with each full warrant allowing the purchase of an additional common share at $0.40 for two years [2]. - A finder's fee of up to 7% cash and 7% finders' warrants will be paid on a portion of the subscription proceeds, with finders' warrants also priced at $0.40 for twenty-four months [3]. Project Information - The Ranger-Page Project is a drill-ready project located in a world-class silver district, covering six historic mines and benefiting from year-round access to infrastructure and a skilled workforce [6]. - Primary target areas for exploration include locations identified through ground induced polarization surveys and surface trenching, with additional targets identified using soil geochemical data [6]. Company Background - Silver Dollar Resources Inc. is a mineral exploration company with a focus on projects in Idaho's Silver Valley and the Durango-Zacatecas silver-gold belt, including the Ranger-Page and La Joya projects [7]. - The company has secured funding from notable investors, including billionaire mining investor Eric Sprott and NYSE-listed First Majestic Silver, and is pursuing an aggressive growth strategy with potential acquisitions in mining-friendly jurisdictions [7].