Pantera Silver Closes Oversubscribed Non-Brokered Private Placement for $3.85 Million CAD

Executive Summary

• Pantera Silver Corp. closed its previously announced non‑brokered private placement, issuing 7,700,000 units at C$0.50 per unit for total gross proceeds of C$3,850,000.
• The offering was oversubscribed; the company exercised a 10 % over‑allotment, exceeding the original target of up to $3.5 million.
• Each unit includes one common share and half of a common‑share purchase warrant (full warrant exercisable at C$0.75 per share for two years).

Key Details

• Units Issued: 7,700,000 units
• Offering Price: C$0.50 per unit
• Gross Proceeds: C$3,850,000 (exceeds original target of up to $3.5 million)
• Over‑allotment: 10 % exercised due to excess demand, approved by the TSX Venture Exchange
• Unit Composition: 1 common share + ½ warrant (full warrant allows purchase of one additional common share at C$0.75)
• Warrant Terms: Exercise price C$0.75 per share; exercisable for two years from issuance date
• Finder’s Fees: Cash fees of C$9,000 payable to arm‑length finders
• Statutory Hold Period: Four months plus one day, expiring 17 Feb 2026 under Canadian securities law
• Closing Conditions: Subject to customary regulatory approvals and final acceptance by the TSX Venture Exchange

Notable Quotes

“We sincerely thank our shareholders‑both new and existing—for their confidence and participation in this oversubscribed financing… With a fortified treasury, an experienced technical team, and strong local partnerships, we are well‑positioned to advance our exploration programs aggressively and responsibly.” – Jay Roberge, CEO & Chairman

All boilerplate, forward‑looking statements, and disclaimer text have been omitted for brevity.