Magma Silver Announces Closing of $5 Million Private Placement
Newsfile·2025-10-23 20:45
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") is pleased to announce that, further to its news releases dated October 7 and 8, 2025, it has closed its non-brokered private placement (the "Offering") for aggregate gross proceeds of $5,000,000, through the issuance of 33,333,332 units of the Company (the "Units") at a price of $0.15 per Unit.Each Unit consists of one common share of the Co ...