- Magma Silver (OTCPK:MAGMF) increases private placement from $4M to $5M due to strong investor demand.
- Offering consists of 33.3 million units at $0.15 per unit.
- Each unit includes 1 common share and ½ warrant (1 full warrant per 2 units).
- Warrants exercisable at $0.25 for 36 months after closing.
- Proceeds to fund Niñobamba project in Peru, working capital, and corporate expenses.
- Closing expected on or about October 22, 2025.
- Source: Press release
