AbraSilver Resource Corp. is pleased to announce it has completed a non-brokered private placement of 408,163 common shares of the Company , at a price of US$2.45 per Share , for aggregate gross proceeds of approximately US$1,000,000 .
Teck Resources Ltd. , the sole subscriber under the Private Placement, subscribed for Shares in connection with the option and joint venture agreement entered into among the Company and a subsidiary of Teck, as previously announced by the Company on January 22, 2024. John Miniotis, President and CEO, commented, "We are delighted to welcome Teck as a key shareholder through this strategic investment. Their ongoing partnership highlights the potential of the La Coipita project and reflects confidence in our team's ability to deliver s...