By Laura Lutz
Washington, Feb. 22 - Oro Silver Resources Ltd. completed a private placement of shares for C$1.015 million.
The company sold 2.9 million common shares at C$0.35 each.
Haywood Securities Inc. acted as lead agent.
Proceeds will be used for the company's Mexican properties, corporate development, acquisitions, project generation and working capital.
In a Wednesday press release, the company said it expected its common shares to begin trading on the TSX Venture Exchange on Thursday under the symbol "OSR."
Oro is a resource exploration company based in Vancouver, B.C.
| Issuer: | Oro Silver Resources Ltd.
|
| Issue: | Shares
|
| Amount: | C$1.015 million
|
| Shares: | 2.9 million
|
| Price: | C$0.35
|
| Warrants: | No
|
| Agent: | Haywood Securities Inc.
|
| Settlement date: | Feb. 22
|
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