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Silver Sands Resources Corp. (SSRSF) is a Canada-based mineral exploration company focused on acquiring mineral property assets in mining-friendly jurisdictions. The company's primary objective is to discover and develop economically viable precious and base metal properties. Their flagship asset is the Corner Pocket copper-zinc-silver massive sulfide project in Newfoundland. With recent successful private placement financing, debt settlement transactions, and distribution of share purchase options, Silver Sands is actively pursuing growth and development in the mining industry.
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Eric Sprott announces the expiry of 87,500 common share purchase warrants of Silver Sands Resources Corp., resulting in a decrease in holdings of approximately 5.7%. Prior to expiry, Mr. Sprott beneficially owned 875,000 Shares and 87,500 Warrants. The ownership change brings total holdings to under 10% on a non-diluted basis.
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Silver Sands Resources Corp. settles $98,000 debt by issuing 1,152,941 common shares to directors and a consultant at $0.085 per share, subject to a hold period.
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Silver Sands Resources Corp. grants 650,000 incentive share purchase options and settles CAD$98,000.00 debt with 1,152,941 common shares at $0.085 per share. The Company aims to preserve cash for operations.
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Silver Sands Resources Corp. (CSE: SAND) (OTCQB: SSRSF) has successfully closed an oversubscribed private placement financing, issuing 5,250,000 units at $0.06 per unit for gross proceeds of $315,000. The company's directors also participated in the private placement, acquiring 1,000,000 units for proceeds of $60,000. The funds will be used for general corporate purposes and evaluating new properties for potential acquisition.
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Silver Sands Resources Corp. (SSRSF) announces a private placement financing of up to 5,000,000 units at $0.06 per unit, aiming for gross proceeds of $300,000. The financing includes one share and one half of one transferable share purchase warrant per unit, with each whole warrant exercisable at $0.10 per common share for two years. The company also mentions 8% finders fees in cash and warrants payable on a portion of the private placement, scheduled to close on February 7th, 2024.
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Silver Sands Resources Corp. will consolidate its common shares on a 1:10 basis, resulting in approximately 8,037,671 common shares issued and outstanding. The consolidation aims to attract more investors and facilitate financing and acquisitions.
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Silver Sands Resources Corp. announces share consolidation at a ratio of 1:10, resulting in approximately 8,037,671 common shares issued and outstanding. Consolidation aims to attract more investors and facilitate financing and acquisitions.
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FAQ
What is the current stock price of Silver Sands Res (SSRSF)?
The current stock price of Silver Sands Res (SSRSF) is $0.0208 as of February 28, 2025.
What is the market cap of Silver Sands Res (SSRSF)?
The market cap of Silver Sands Res (SSRSF) is approximately 749.7K.
What is Silver Sands Resources Corp. focused on?
Silver Sands is focused on mineral exploration and acquiring mineral property assets in favorable mining jurisdictions.
What is Silver Sands' primary objective?
The company aims to discover and develop economically viable precious and base metal properties.
Where is Silver Sands' key asset located?
Their key asset is the Corner Pocket copper-zinc-silver massive sulfide project in Newfoundland.
What recent financial activities has Silver Sands been involved in?
Silver Sands has recently conducted private placement financing, debt settlement transactions, and distribution of share purchase options.
How is Silver Sands pursuing growth and development?
Through strategic financing and asset acquisitions, Silver Sands is actively pursuing growth and development in the mining industry.
Who is the CEO of Silver Sands Resources Corp.?
Keith Anderson serves as the Chief Executive Officer, President, and Director of Silver Sands.
Where can I find further information about Silver Sands Resources Corp.?
For more details, you can contact Keith Anderson at (604) 786-7774 or visit the Silver Sands website at www.silversandscorp.com.
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