Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 3,881.60 −3.0% Silver 49.96 −3.9% Copper 6.19 −1.5% Oil 88.73 +2.5% Palladium 991.75 −5.2% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% TWO 0.340 −8.1% BIG 1.03 +8.4% VCG 1.06 −3.6% SCD 0.145 +0.0% GAL 0.370 −0.7% SAG 0.620 −6.1% VIZ 0.195 +0.0% SAGA 0.370 −7.5% ZEN 0.520 −5.5% Gold 3,881.60 −3.0% Silver 49.96 −3.9% Copper 6.19 −1.5% Oil 88.73 +2.5% Palladium 991.75 −5.2% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% TWO 0.340 −8.1% BIG 1.03 +8.4% VCG 1.06 −3.6% SCD 0.145 +0.0% GAL 0.370 −0.7% SAG 0.620 −6.1% VIZ 0.195 +0.0% SAGA 0.370 −7.5% ZEN 0.520 −5.5%
Financings

Silver One Announces $25 Million Private Placement Financing

SVE · Price

Executive Summary

  • Silver One Resources Inc. announced a non‑brokered private placement of up to 43,104,000 units at $0.58 per unit for total gross proceeds of approximately $25 million.
  • Each unit consists of one common share and one‑half of a warrant; each full warrant allows purchase of an additional common share at $0.80 for three years.
  • Net proceeds are earmarked for drilling, exploration, metallurgical and environmental work, a pre‑feasibility study, BLM claim payments, and general working capital on the Candelaria Project and other properties.

Key Details

  • Units Offered: Up to 43,104,000 units
  • Price per Unit: $0.58
  • Aggregate Gross Proceeds: $25,000,320
  • Unit Composition: 1 common share + ½ warrant (full warrant = right to buy 1 additional share at $0.80)
  • Warrant Term: 3 years from issuance; exercise price $0.80 per share
  • Offering Exemption: Part 5A of NI 45‑106, Coordinated Blanket Order 45‑935; available to Canadian (excluding Quebec) and other qualified investors; no hold period for Canadian subscribers
  • Use of Proceeds:
  • Drilling program at the Candelaria Project
  • Exploration and geophysics work on mineral properties
  • Metallurgical and environmental studies at Candelaria
  • Preparation of a pre‑feasibility study for Candelaria
  • Annual BLM mineral claim payments
  • General working capital
  • Closing: May occur in one or more tranches; expected within three weeks, subject to TSX Venture Exchange approval
  • Finder’s Fees: Company may pay permissible finder’s fees in connection with the offering

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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