Kootenay Silver Inc. V.KTN

Alternate Symbol(s): KOOYF

Metals & Mining Silver

Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico, respectively. Its projects include La Cigarra Silver Project, La Negra Silver Project, Promontorio Silver Resource, Columba Silver Project, and others. The La Cigarra silver project is located in the state of Chihuahua in the renowned Parral Mining district in north central Mexico. The La Negra silver discovery is situated only 7 kilometers north of the Promontorio Silver Resource within the Promontorio Mineral Belt, in the state of Sonora, Mexico. The Promontorio Silver Resource is situated on the Promontorio Mineral Belt Property that includes the La Negra silver discovery, located in the state of Sonora, Mexico.

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Kootenay Silver Inc.

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Post by Betteryear2on Feb 14, 2022 4:08pm

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Post# 34427674

FURTHER UPSIZED $5.4 MILLION MARKETED PRIVATE PLACEMENT

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

VANCOUVER, BC, Feb. 14, 2022 /CNW/ - Kootenay Silver Inc. ("Kootenay" or the "Company") (TSXV: KTN) announces that, due to strong investor demand, it has agreed with Research Capital Corporation, as sole agent and sole bookrunner (the "Agent"), to further increase the size of the previously announced best efforts private placement offering of units of the Company (the "Units") at a price of $0.16 per Unit (the "Offering Price") for gross proceeds of up to $5,434,782.72 (the "Offering").