By Laura Lutz
Des Moines, July 23 - Oro Silver Resources Ltd. increased the size of its previously announced private placement of shares to C$2.97 million from C$2.7 million.
The company now plans to sell up to 4.95 million shares at C$0.60 each.
The placement will be non-brokered.
Proceeds will be used for acquisitions and for the company's projects in Zacatecas, Mexico.
Oro is a silver exploration company based in Vancouver, B.C.
| Issuer: | Oro Silver Resources Ltd.
|
| Issue: | Shares
|
| Amount: | C$2.97 million
|
| Shares: | 4.95 million
|
| Price: | C$0.60
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | July 3
|
| Upsized: | July 23
|
| Stock symbol: | TSX Venture: OSR
|
| Stock price: | C$0.75 at close July 2
|
| Stock price: | C$0.72 at close July 23
|
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