trending Market Intelligence /marketintelligence/en/news-insights/trending/WMOdJehOgZazGuQ_kip2Ag2 content esgSubNav
In This List

Maya Gold & Silver raises C$1.3M via non-brokered private placement

Blog

Essential Metals & Mining Insights - October 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Video

Essential Metals & Mining Insights - September 2021

Blog

Lithium and Cobalt CBS September 2021 — Lithium price surges, cobalt range-bound


Maya Gold & Silver raises C$1.3M via non-brokered private placement

Maya Gold& Silver Inc. said July 7 that it has raised C$1.3 million in anon-brokered private placement through the issuance of 10,300,000 units at 13cents apiece.

Each unit consists of 1 common share and 1 common sharepurchase warrant, which entitles the holder to purchase 1 additional commonshare at 17 cents until June 30, 2019.

Proceeds from the private placement will be used to continuethe company's exploration and development at the Zgounder silver mine and gold-silver-zinc-leadproject, and for general working capital purposes.

The private placement was one of the prerequisites todraw down theremaining US$1.5 million loan facility from the European Bank forReconstruction and Development.