Northwire Canada EditionWednesday, August 19, 2026
Northwire
CERT 2.28 −2.6% FMAN 0.365 −8.8% AAUC 29.22 −5.8% WEC 0.015 +0.0% ATY 0.260 +0.0% GEN 0.060 +9.1% HMR 0.490 +2.1% SKP 0.165 +10.0% AZM 0.620 +0.0% AEM 259.53 −0.8% CG 29.58 −2.7% KS 0.160 +0.0% EMN 0.100 +5.3% CPAU 0.140 +0.0% SAG 1.23 +0.0% NAU 1.62 −9.0% CERT 2.28 −2.6% FMAN 0.365 −8.8% AAUC 29.22 −5.8% WEC 0.015 +0.0% ATY 0.260 +0.0% GEN 0.060 +9.1% HMR 0.490 +2.1% SKP 0.165 +10.0% AZM 0.620 +0.0% AEM 259.53 −0.8% CG 29.58 −2.7% KS 0.160 +0.0% EMN 0.100 +5.3% CPAU 0.140 +0.0% SAG 1.23 +0.0% NAU 1.62 −9.0%
Financings

Silver Dollar Announces $4.0 Million Brokered LIFE Offering

SLV · Price

Executive Summary

  • Silver Dollar Resources Inc. has entered into an agreement with Research Capital Corporation to act as the sole agent and bookrunner for a "best efforts" private placement offering.
  • The offering targets gross proceeds between $950,000 and $4,000,000, with an option to increase proceeds by up to $600,000.
  • Net proceeds will be utilized for exploration activities on the La Joya Silver Project in Mexico, the Ranger-Page Ag-Pb-Zn Project in Idaho, and general working capital.

Key Details

  • Offering Structure: "Best efforts" private placement of Units priced at $0.35 per Unit.
  • Unit Composition: 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 $0.45. Warrants are exercisable for 36 months following the closing date.
  • Proceeds Targets:
    • Minimum Gross Proceeds: $950,000 (representing a minimum of 2,714,286 Units).
    • Maximum Gross Proceeds: $4,000,000 (representing a maximum of 11,428,571 Units).
  • Over-Allotment/Option: The Agent has an option to sell up to an additional 1,714,286 Units for additional gross proceeds of up to $600,000, exercisable up to 48 hours prior to closing.
  • Use of Proceeds: Exploration of the La Joya Silver Project (Durango, Mexico), exploration of the Ranger-Page Ag-Pb-Zn Project (Idaho, USA), and general working capital.
  • Closing Date: Scheduled on or about the week of September 30, 2025.
  • Conditions: Subject to raising a minimum of $950,000 and receipt of necessary corporate and regulatory approvals.
  • Agent Compensation:
    • Cash Commission: 6% of gross proceeds (subject to reduction for president's list orders).
    • Broker Warrants: Issued to the Agent equal to 6% of the number of Units sold, exercisable at $0.35 for a period of 36 months (subject to reduction for president's list orders).
  • Regulatory Exemptions: Offered under the Listed Issuer Financing Exemption (NI 45-106) in Canada (excluding Québec) and applicable US exemptions. Securities are immediately freely tradeable in Canada with no hold period.

Notable Quotes

  • No direct quotes from the CEO/President were included in the text of the release.
Read the original news release →

More from Silver Dollar Resources Inc.