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

Executive Summary

• Silicon Metals Corp. announced its intention to complete a flow‑through private placement for up to $195,000 in gross proceeds.
• The company plans to issue up to 3,000,000 flow‑through common shares at $0.065 per share.
• Proceeds will be used to fund eligible exploration expenditures on its British Columbia and Ontario projects.

Key Details

• Offering Size: Up to $195,000 gross proceeds.
• Share Quantity: Up to 3,000,000 flow‑through common shares.
• Price per Share: $0.065.
• Use of Proceeds: To incur eligible exploration expenditures on the Company’s projects in British Columbia and Ontario.
• Statutory Hold Period: Shares subject to a hold period of four months and one day under NI 45‑102.
• U.S. Offering Restrictions: Securities will not be registered under the U.S. Securities Act and may not be offered or sold in the United States absent exemption.
• Finder’s Fees: May be payable in accordance with CSE policies.

Notable Quotes

“We are pleased to announce this financing, which will provide essential capital to advance our exploration programs across British Columbia and Ontario.” – Morgan Good, CEO & Director

All boilerplate, forward‑looking statements, and disclaimer language have been omitted for brevity.