Apollo Silver Corp. has announced a private placement offering of 5,000,000 units at $5.00 per unit, totaling $25,000,000. Eric Sprott and Jupiter Asset Management are participating, with each subscribing for 2,500,000 units, resulting in combined gross proceeds of $25 million. The funds raised will be used for exploration, development, and general corporate purposes. The offering is subject to regulatory approval, and all securities will have a four-month hold period. The Shares have not been registered under the U.S. Securities Act. Apollo Silver is focused on advancing silver projects in the US and Mexico.

Source: Globe Newswire

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