Vancouver, British Columbia--(Newsfile Corp. - March 28, 2025) - Pantera Silver Corp. (TSXV: PNTR) ("Pantera" or the "Company") is pleased to announce the closing of the non-brokered private placement financing (the "Private Placement") disclosed on March 17th, 2025 by issuing a total of 6,600,000 units ("Units") at a price of C$0.25 per Unit (the "Offering Price"), for aggregate gross proceeds of C$1,650,000 (the "Offering"). Each Unit will consist of one new Pantera Common Share and one Pantera Share Purchase Warrant at a price of $0.40, exercisable for a period of two years from the date of issuance (the "Warrants").
In connection with the Private Placement, Pantera will pay a cash finder's fee of $4,875 and issue 16,000 non-transferable finder's warrants (the "Finder Warrants") to arm's length finders. Each Finder Warrant entitles the holder thereof to acquire one common share in the capital of the Company at an exercise price of $0.25 per share exercisable for a period of 2 years from issuance.
Closing of the Offering is subject to certain customary conditions, including, but not limited to, the receipt of all necessary regulatory approvals and acceptance of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period of four months and one day expiring on July 29, 2025 in accordance with applicable Canadian securities laws. There are no material facts or material changes regarding the Company that have not been generally disclosed.
About Pantera Silver Corp.
Pantera Silver Corp. is a mineral exploration and development company committed to enhancing shareholder value by advancing silver-focused portfolio of mineral projects through collaborative partnerships and highly experienced technical teams. Pantera will continue to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions. Throughout the process, our mission is to help nurture and maintain prosperous communities by exploring for and discovering resource opportunities that build lasting relationships through honest and respectful business and environmental practices while contributing to the growing needs of mined raw materials for a new green economy.
On behalf of the Board of Directors
"Jay Roberge"
CEO/Chairman
Pantera Silver Corp.
panterasilvercorp@gmail.com
http://www.panterasilver.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-Looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-Looking statements in this press release include that we can complete the Private Placement. Forward-Looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Pantera Silver Corp disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except as required by law.
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SOURCE: Pantera Silver Corp.
