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Outcrop Silver Announces Upsize of Public Offering to $6.5 Million, Led by Investment from Eric Sprott
Outcrop Silver announced an upsized public offering of units to $6.5 million, led by an investment from Eric Sprott, at $0.22 per Unit. Each Unit includes a warrant to purchase a common share at $0.30. The offering, led by Research Capital, includes an over-allotment option. Proceeds will fund exploration and development of the Santa Ana Project, working capital, and corporate purposes. The closing is expected around March 26, 2025, pending regulatory approvals.
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