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TSX.V: VIPR, OTC: VIPRF
Vancouver, BC, Nov. 24, 2022 /CNW/ – Silver Viper Minerals Corp. (the “Company” or “Silver Viper“) (TSXV:VIPR) (OTC:VIPRF) is pleased to announce that the Company intends to undertake a non-brokered private placement financing (the “offering“) to raise gross proceeds of up to $2,000,000 from the sale of up to 10,000,000 units (“Units“) at a price of $0.20 per Unit, each Unit consisting of one common share of the Company (each, a “share“) and one-half of one warranty (each whole warranty, a “Warrant“). Each Warrant will entitle the holder thereof to acquire one Share from the Company at a price of $0.30 per Share for a period of 24 months from closing of the Offering.
The Company intends to use the net proceeds from the Offering for working capital requirements and other general corporate purposes. In addition, further to its news release dated November 7, 2022the Company anticipates that upon closing …