Aurcana Silver Corp V.AUN.H

Metals & Mining Silver

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.

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Aurcana Silver Corp > More dilution

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Comment by andre171on Jan 23, 2022 11:05am

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Post# 34349769

RE:More dilution

9rookie wrote: I don't think there will be more financing , they just did a financing for $9 million at $.70 a share in October 2021 , the people who financed them in October at $.70 won't be to happy with a PP at $.35 unless maybe it's the same people , but I doubt it.

What will be decisive is the real need for financing, regardless of the feeling of those who invested in October!

Moreover, if normal operations resume in 3 months, the price of 0.7 will still be favorable in my opinion. Indeed if the forecasts issued at the end of 2021 are again valid, the price of Aurcana should progress well!

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