Core Viewpoint - Silver Dollar Resources Inc. has increased its brokered private placement from $4 million to approximately $5.9 million due to strong investor demand [1] Group 1: Offering Details - The Offering consists of units priced at $0.35 each, with each unit including one common share and one warrant [2] - Each warrant allows the holder to purchase one common share at $0.45 within 36 months after the Offering's closing date [2] - The Offering is scheduled to close on or about October 3, 2025, subject to certain conditions including raising a minimum of $950,000 [5] Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated for exploration activities on the La Joya Silver Project in Durango, Mexico, and the Ranger-Page Ag-Pb-Zn Project in Idaho [3] Group 3: Participation and Exemptions - Eric Sprott, through 2176423 Ontario Ltd., has expressed intent to participate in the Offering [2] - Up to 14 million LIFE Units will be offered under the Listed Issuer Financing Exemption across Canada and the U.S., with an additional 2,857,150 Accredited Investor Units available for accredited investors [4] Group 4: Agent and Commissions - Research Capital Corporation is the sole agent and bookrunner for the Offering, receiving a 6% cash commission on gross proceeds [7]
Silver Dollar Upsizes Brokered Financing to $5.9 Million, with Participation by Eric Sprott