Silicon Metals Corp. Announces Flow-Through Private Placement of up to $195,000

Core Viewpoint - Silicon Metals Corp. intends to complete a flow-through private placement of common shares for gross proceeds of up to $195,000 to fund exploration projects in British Columbia and Ontario [1][2]. Group 1: Flow-Through Offering Details - The company plans to issue up to 3,000,000 flow-through common shares at a price of $0.065 per share [2]. - Proceeds from the offering will be used for eligible exploration expenditures on its projects located in British Columbia and Ontario [2]. - Finders' fees may be applicable in accordance with CSE policies [2]. Group 2: Securities and Regulations - All securities issued will be subject to a statutory hold period of four months and one day post-issuance [3]. - The securities will not be registered under the United States Securities Act of 1933, and cannot be offered or sold in the U.S. without registration or an exemption [4]. Group 3: Company Overview - Silicon Metals Corp. focuses on exploration and development in Canada, particularly in British Columbia and Ontario [5]. - The company holds a 100% interest in several projects, including the Maple Birch Project, Crystal Hills Project, Ptarmigan Silica Project, Silica Ridge Silica Project, and Longworth Silica Project [5].