Kootenay Silver Inc. announces that it has closed the second and final tranche of its previously announced non-brokered private placement of units of the Company , at a price of $0.75 per Unit for aggregate gross proceeds of $237,525. The Company received total aggregate gross proceeds of $3,720,587 from the Offering. Each Unit is comprised of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant is exercisable to acquire one Common Share at a price of $1.10 per Warrant Share for a period of 24. An aggregate total of 4,960,782 Common Shares and 2,480,391 Warrants were issued under the Offering. The net proceeds from the Offering will be used for exploration activities, property commitments on the Company's projects, working capital a...