TORONTO, Nov. 10, 2023 /CNW/ - Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) (BVL: AGMR) ("Silver Mountain", "AGMR" or the "Company") is pleased to announce that, further to its previous press release dated October 12, 2023, it has closed the initial tranche of an over-subscribed non-brokered private placement of 62,190,000 units of the Company (the "Units"), at a price of USD$0.05 per Unit, for aggregate gross proceeds of USD$3,109,500 (the "Offering"). The Company today issued an aggregate of 58,696,550 Units and the balance of 3,493,450 Units are expected to be issued imminently.
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