Dually-Listed Junior Miner Finds Mid-Week Success

A Vancouver-based junior miner found quite a bit of success on Tuesday after it was announced that the company has closed the non-brokered private placement previously announced on October 24, 2023. According to the release, under the Offering, the Company has issued 30 million units for gross proceeds of $1.2 million.

Seeing that the market cap of this small company was sub-$20 million, it’s no wonder this amount of capital raised had traders excited to snatch up shares of GR Silver Mining Ltd. (TSXV:GRSL) (OTCQB:GRSLF). Shares trading on the Canadian side jumped up to $0.06/share (+9.09%) while those trading OTC closed up at $0.0475/share (+18.45%). This move was a strong continuation of the success this stock has had over the last month or so.

GR Silver Mining Ltd. is a Mexico-focused company engaged in cost-effective silver-gold resource expansion on its key assets which lie on the eastern edge of the Rosario Mining District.

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