Sierra Madre Announces Closing of Second Tranche of $19.5 Million Best Efforts Private Placement of Units

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) ("Sierra Madre" or the "Company") is pleased to announce it has closed the second and final tranche (the "Second Tranche") of its previously announced brokered private placement offering of up to 27,858,000 units of the Company (each a "Unit") at a price of $0.70 per Unit (the "Issue Price"). The Second Tranche consisted of 2,500,000 Units for gross proceeds of $1,750,000 and for aggregate gross pro ...