Silver Viper Minerals Announces $12 Million Private Placement

Executive Summary

• Silver Viper Minerals Corp. announced a non‑brokered private placement to raise up to $12 million by selling up to 15 million units at $0.80 per unit.
• Each unit consists of one common share and one warrant exercisable at $1.20 per share for 24 months, with acceleration provisions tied to the share price.
• Net proceeds are earmarked for working capital and general corporate purposes, with closing expected around December 10, 2025 pending TSX Venture Exchange approval.

Key Details

• Offering Size: Up to $12,000,000 gross proceeds.
• Units Offered: Up to 15,000,000 units at $0.80 per unit.
• Unit Composition: 1 common share + 1 warrant per unit.
• Warrant Terms: Right to purchase one share at $1.20 for 24 months from issuance; may be accelerated if the VWAP of the shares exceeds C$1.40 for 20 consecutive trading days.
• Acceleration Mechanism: Company may issue a press release to accelerate warrant expiry, which then cannot be earlier than the 20th calendar day after such notice.
• Use of Proceeds: Working capital and other general corporate purposes.
• Closing Date: Anticipated on or about December 10, 2025; subject to TSX Venture Exchange approval and customary closing conditions.
• Hold Period: All securities issued are subject to a statutory four‑month‑and‑one‑day hold period from issuance.
• Finder’s Fee: 6% of gross proceeds paid in cash to any finder who introduces purchasers to the offering.
• Regulatory Disclaimer: Securities not registered under U.S. law; offering not available to U.S. persons except as permitted by exemptions.

Notable Quotes

(No direct quotes were included in the release.)