Silver47 Exploration and Summa Silver are pleased to announce the completion of their previously announced at-market merger by way of a court-approved plan of arrangement. The combined company will continue under the name "Silver47 Exploration Corp.". Gary R. Thompson, Executive Chairman of Silver47, stated: "We are excited to have reached this transformative milestone which begins our rapid growth phase to become a large [...]
Silver47 Exploration Corp. is pleased to announce the 2025 exploration program is nearing completion at its wholly-owned Adams Plateau Project in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX project. Gary Thompson, CEO of Silver47, stated: "We are glad to continue our work on Adams Plateau toward defining drill targets on this road-accessible project. The abundance of surface mineralization on the [...]
Fully-Funded 4,000 Meter Program with Planned Upsize to Boost High-Grade Silver and Critical Minerals Silver47 Exploration Corp. is pleased to announce the commencement of a fully-funded drill program at Silver47's wholly-owned Red Mountain VMS Project in south-central Alaska. Highlights Drilling Commences at Red Mountain: A core drilling rig is now fully operational at the Red Mountain project in Alaska, actively [...]
Silver47 Exploration Corp. and Summa Silver Corp. are pleased to announce the closing of the previously announced brokered offering of subscription receipts of Summa at a price of $0.25 per Subscription Receipt for aggregate gross proceeds of $6,900,000, including the full exercise of the over-allotment option. The Offering was led by Research Capital Corporation , as co-lead agent and sole bookrunner, and together with [...]
Silver47 Exploration and Summa Silver are pleased to announce that due to strong demand, the Companies have increased the size of its previously announced best efforts basis, brokered private placement offering to C$6,000,000, led by Research Capital, as co-lead agent and sole bookrunner, and together with Haywood Securities as co-lead agent, on behalf of a syndicate of agents, including Eventus Capital. Pursuant to the [...]
Silver47 Exploration is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSXV effective May 23, 2025. The TSXV classifies issuers into different tiers based on various factors, including financial performance, stage of development, and available resources. Tier 1 is the TSXV's highest designation and is reserved for more advanced companies with significant financial [...]
Silver47 Exploration and Summa Silver are pleased to announce that they have entered into an arm's length definitive arrangement agreement dated May 12, 2025 for an at-market merger, pursuant to which Silver47 and Summa have agreed to combine their respective companies by way of a court-approved plan of arrangement. The combined company is expected to continue under the name "Silver47 Exploration Corp." Gary R Thompson [...]
Not for distribution to United States Newswire Services or for dissemination in the United States Silver47 Exploration Corp. is pleased to announce the completion of its previously announced non-brokered private placement , raising gross proceeds from the fourth tranche of $1,800,000 through the issuance of 3,600,000 at a price of $0.50 per Unit. The Company issued an aggregate of 18,538,400 Units and 929,192 flow-through [...]
Silver47 Exploration Corp. is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement from $8 million to $11 million . The Company also intends to complete the third tranche of the Private Placement on March 21, 2025. The closing of the Third Tranche, along with the Upsize, will be completed as part of the same financing, as set out in [...]
Silver47 Exploration is pleased to announce the closing of an additional tranche of its previously announced non-brokered private placement. Pursuant to the closing of the Additional Tranche, the Company issued 4,155,000 units of the Company at a price of $0.50 each for aggregate gross proceeds to the Company of $2,077,500. The Company anticipates completing the balance of the Private Placement on or around March 19, 2025 [...]
Silver47 Exploration is pleased to announce that, effective March 10, 2025, its shares will commence trading on the OTCQB Venture Market under the ticker symbol AAGAF. This milestone marks a key step in the Company's growth strategy and enhances its visibility to U.S. investors. The quotation on the OTCQB® is a significant development for Silver47, as it broadens the Company's investor base and increases access to the [...]
Silver47 Exploration is pleased to announce closing of the first tranche of its previously announced non-brokered private placement in the Company's news releases of February 19 and 24, 2025. Pursuant to the closing of the First Tranche, the Company issued 6,912,400 units of the Company at a price of $0.50 each; and 929,192 flow-through units of the Company at a price of $0.57 each, for aggregate gross proceeds to the [...]