CORRECTION FROM SOURCE: Pantera Silver Announces Non-Brokered Private Placement for $3.5 Million CAD

Executive Summary

• Pantera Silver Corp. announced a non‑brokered private placement of up to 7,000,000 Units at $0.50 per Unit, targeting gross proceeds of up to $3.5 million.
• Each Unit consists of one common share and ½ Share Purchase Warrant (exercise price $0.75, two‑year term).
• Net proceeds are earmarked for exploration work, potential additional property acquisitions, and general working capital.

Key Details

• Units Offered: Up to 7,000,000 Units at $0.50 per Unit.
• Gross Proceeds Target: Up to $3,500,000.
• Unit Composition:
• 1 Common Share
• ½ Share Purchase Warrant (exercise price $0.75, exercisable for two years from issuance).
• Warrant Terms: Each warrant allows purchase of one common share at $0.75; expires two years after issue.
• Use of Proceeds: Exploration activities, possible acquisition of additional properties, and general working capital.
• Statutory Hold Period: Securities subject to a four‑month hold period from issuance date.
• Closing Conditions: Subject to receipt of all required regulatory approvals; priority allocation to existing shareholders.
• Finder’s Fees: Company may pay finder’s fees in accordance with TSX Venture Exchange policies.

Notable Quotes

(No direct quotes were provided in the release.)