Dolly Varden Silver Corp. is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the sole bookrunner and co-lead underwriter, and together with Haywood Securities Inc. as co-lead underwriters, on behalf of a syndicate of underwriters, including Raymond James Ltd. , pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 14,285,700 flow-through shares of the Company to be sold to charitable purchasers that will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of $1.05 per Charity FT Share, for aggregate gross proceeds to the Company of $14,999,985 . Mr. Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transacti...