Silver Investing News » SNC Silver’s announcement on non-brokered private placement

SNC Silver's announcement on non-brokered private placement

October 16, 2009 @ 6:34 pm In Silver Company News

SNS Silver Corporation (TSX VENTURE:SNS) announced today the continuing with its non-brokered private placement previously announced on August 7, 2009. SNS Silver closed a section of their private placement on August 27th for gross proceeds of $404,000.

The press release is quoted as saying:

The proceeds from the private placement will be used for completion of the scoping study on the Crescent Mine and for general working capital purposes. Funds raised may include up to a 10% finder's fees in cash or shares.

Click here to access the entire press release. ^[1]

Click here for Sierra minerals corporate website. ^[2]

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URL to article: http://silverinvestingnews.com/1834/snc-silvers-announcement-on-non-brokered-private-placement.html

URLs in this post:

[1] Click here to access the entire press release.: http://www.marketwire.com/press-release/Sns-Silver-Corp-TSX-VENTURE-SNS-1061025.html

[2] Click here for Sierra minerals corporate website.: http://www.snssilver.com/