Sierra Madre Announces Upsize of Best Efforts Private Placement of Units to $16.5 Million
Sierra Madre Gold and Silver Ltd. upsized its private placement to issue 23,572,000 units at $0.70 each, aiming for $16,500,400 in proceeds. Each unit includes one common share and half a warrant, exercisable at $0.85 for 12 months. The offering, led by Beacon Securities, targets Canadian investors (excluding Quebec) under the Listed Issuer Financing Exemption. Closing is expected around July 24, 2025, pending regulatory approval.










