Browsing Tag
Silver Mines Limited
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Silver Mines launches A$70m placement and A$26m Bowdens royalty buyback
Silver Mines Limited is raising A$70 million and spending A$26 million to remove two royalties over the Bowdens Silver Project, strengthening its position ahead of permitting and financing decisions for one of Australia’s largest undeveloped silver deposits.
Silver Mines’ (ASX: SVL) Bowdens DFS lifts reserves to 93.5Moz as A$455m funding test comes into focus
Silver Mines Limited has expanded the reserve base, mine life and projected value of the Bowdens Silver Project. Development consent and a construction bill larger than the company’s market capitalisation remain the decisive tests.