Silver Range Resources Ltd. announces the closing of the second tranche of the private placement announced February 11, 2020. The second tranche consisted of the issuance of 5,225,000 units at a price of $0.08 per unit, for gross proceeds of $418,000. Each unit consisted of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of $0.16
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