Silver Dollar increases placement to $5.9-million

Executive Summary

• Silver Dollar Resources Inc. has upsized its brokered private placement from $4 million to approximately $5.9 million in aggregate gross proceeds.
• The offering is priced at 35 cents per unit, with each unit consisting of one common share and one common share purchase warrant.
• Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transaction.

Key Details

• Gross Proceeds: Approximately $5.9 million (upsized from $4 million).
• Price Per Unit: 35 cents.
• Structure: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to purchase one common share at an exercise price of 45 cents. Warrants are exercisable for 36 months after the closing date.
• Agent/Bookrunner: Research Capital Corp.
• Use of Proceeds: Exploration activities on the La Joya silver project (Durango, Mexico), the Ranger-Page Ag-Pb-Zn project (Idaho's Silver Valley), and general working capital.
• Offering Structure:
  • Up to 14 million units offered under the Listed Issuer Financing Exemption (LIFE units). These are immediately free-trading under applicable Canadian securities laws.
  • Up to 2,857,150 units offered to accredited investors under the accredited investor exemption. These units cannot be traded before four months and a day from closing.
• Closing Date: Scheduled on or about Oct. 3, 2025.
• Conditions: Subject to a minimum of $950,000 in gross proceeds raised under the listed issuer financing exemption and receipt of necessary corporate and regulatory approvals.
• Agent Compensation:
  • Cash commission of 6% of gross proceeds (subject to reduction for president's list orders).
  • Broker warrants equal to 6% of the number of units sold, exercisable at 35 cents for a period of 36 months (subject to reduction for president's list orders).

Notable Quotes

• "Due to strong investor demand, Silver Dollar Resources Inc. has upsized its previously announced brokered private placement..."