-
Posted by
Two Blokes Jul 4 -
Filed in
Stock
-
2 views
Toronto, Ontario--(Newsfile Corp. - July 3, 2025) - Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) ("Honey Badger" or the "Company") is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on June 17, 2025 (the "First Tranche"), raising aggregate gross proceeds of approximately $2.013 million through the issuance of 9,860,000 non-flow-through units (the "NFT Units") at a purchase price of $0.10 per NFT Unit (the "FT Offering") and 4,930,000 common shares of the Company that are intended to qualify as "flow-through shares" as defined in subsection 66(15) of the Income Tax Act (Canada) ("FT Shares") at a purchase price of $0.13 per FT Share (the "Unit Offering, and together with the FT Offering, the Offering"). Each NFT Unit consists of one non-flow-through common share of the Company (a "Unit Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant").
