Nov 17, 2014
Argentum Silver Closes Final Tranche of Private Placement
November 17, 2014 - Argentum Silver Corp. (ASL-V) ("Argentum" or the "Company") announces that it has closed the second and final tranche of its private placement in the amount of 375,000 units at $0.055 per unit for total gross proceeds of $20,625. Each unit consists of one common share and one transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share for a period of two years at a price of $0.10 per share.
All securities issued under the placement are subject to hold periods expiring on March 13, 2015.
The proceeds of the private placement will be used for general working capital.
About Argentum Silver
Argentum holds a 100% interest in the Coyote and Victoria properties located in Jalisco, Mexico, and the Lachiguiri and Silacayoapan properties located in Oaxaca, Mexico. For further information, please visit www.argentumsilvercorp.com.
On behalf of the Board of Directors of Argentum Silver Corp.
President & CEO
For information please contact:
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Argentum relies upon litigation protection for forward-looking statements.