Silver Sands Closes Private Placement and Debt Settlement | SSRSF Stock News

StockTitan
2026.02.13 14:59
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Silver Sands Resources Corp. has successfully closed a private placement financing, issuing 6,499,333 Units at $0.075 each for gross proceeds of $487,449.98. Additionally, the company settled debts with three directors by issuing 2,365,000 Units at the same price, totaling CAD$ 177,375.00. The proceeds will be used for working capital and property investigation, pending approval from the Canadian Securities Exchange. A total of 8,864,333 common shares and 4,432,166 Warrants will be subject to a hold period until June 14, 2026.