OR FOR Dissemination IN the United States/
Silver Viper Closes $14 Million First Tranche of
Private Placement
/NOT FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE
UNITED
STATES/
VANCOUVER, BC
,
Dec. 12, 2025
/CNW/ -
Silver Viper Minerals Corp.
(TSXV: VIPR) (OTCQB:
VIPRF)
("Silver Viper" or the "Company")
is pleased to announce that it has closed the first
tranche (the "
First
Tranche
") of its
$17
million private placement announced on November
18 and
increased on November
21 and November
24, 2025 (the "
Offering
"), issuing 17,816,250 units of the
Company (the "
Units
") at a price of
$0.80
per Unit for aggregate gross proceeds of
$14,253,000
.
Each Unit consisted of one common share of the Company (each, a "
Share
") and one warrant
(each, a "
Warrant
"). Each Warrant entitles the holder thereof to acquire one Share from the
Company at a price of
$1.20
per Share for a period of 24 months from the date of issue. The
Shares and Warrants comprising the Units and any Shares issued upon the exercise of the Warrants
are subject to a statutory hold period which expires on
April 13, 2025
. The expiry date of the
Warrants may be accelerated by the Company at any time following closing and prior to the expiry
date of the Warrants if the volume-weighted average trading price of the Company's common shares
is greater than
C$1.40
for any 20 consecutive trading days (an "
Acceleration Event
"). Following the
occurrence of an Acceleration Event, the Company may accelerate the expiry date of the Warrants
by issuing a press release announcing the acceleration of the expiry date of the Warrants, following
which the Warrants will expire on a date not less than the 20th calendar day after the date of such
press release.
The funds will be used to continue surface exploration including mapping and sampling in preparation
for a future drill campaign at the Company's La Virginia Gold-Silver Project located in
Mexico
. In
addition, a portion of the funds raised will be used for working capital requirements and other
general corporate purposes. The Company anticipates closing the second and final tranche of the
Offering in the week of
December 15, 2025
.
The Company has agreed to pay a finder's fee to certain finders in respect of those purchasers
under the Offering introduced to the Company by such finder. In connection with the closing of the
First Tranche, Silver Viper will pay finder's fees of
$450,600
to Research Capital Corp.,
$103,320
to
Haywood Securities Inc.,
$19,320
to Leede Financial Inc.,
$10,200
to
Raymond James
,
$3,990
to
Canaccord Genuity Corp.,
$720
to EMD Securities,
$600
to Ventum Financial Corp and
$600
to
Laurentian Bank.
The securities described herein have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and
accordingly, may not be offered or sold within
the United States
except in compliance with the
registration requirements of the U.S. Securities Act and applicable state securities requirements or
pursuant to exemptions therefrom. This press release is not an offer or a solicitation of an offer of
securities for sale in
the United States
, nor will there be any sale of the securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful.
About Silver Viper Minerals
Silver Viper Minerals Corp. (TSX-V: VIPR; OTCQB: VIPRF) is a Canadian-based junior mineral
exploration company focused on advancing precious-metals projects in
Mexico
. The Company's
portfolio includes the La Virginia Gold-Silver Project in
Sonora
, the Cimarron Gold-Copper Project in
Sinaloa
, and the recently announced Coneto Silver-Gold Project acquisition, collectively representing
a strong pipeline of district-scale exploration opportunities within
Mexico's
prolific silver belt.
ON BEHALF OF THE BOARD OF DIRECTORS
Steve Cope
President & CEO
Forward-Looking Information
This news release may contain forward-looking statements, including statements with respect to the
acceleration of the expiry date of the Warrants, closing of the second tranche of the Offering and the
use of proceeds of the Offering. These statements reflect management's current estimates, beliefs,
intentions and expectations; they are not guarantees of future performance. Forward-looking
statements address future events and conditions and therefore involve inherent risks and
uncertainties. Such factors include, among other things: risks and uncertainties relating to exploration
and development, the ability of the Company to obtain additional financing, the need to comply with
environmental and governmental regulations, fluctuations in the prices of commodities, operating
hazards and risks, competition and other risks and uncertainties, including those described in the
Company's financial statements, management discussion and analysis and/or annual information
form available on
www.sedar.com
. The risk factors identified in such documents are not intended to
represent a complete list of factors that could affect the Company. Actual results may differ
materially from those currently anticipated in such statements and the Company undertakes no
obligation to update such statements, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release
.
SOURCE
Silver Viper Minerals Corp.
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For further information:
For further information, please contact: Alicia Ford, Corporate
Development, Tel: 604-687-8566, Email: [email protected]
CO: Silver Viper Minerals Corp.
CNW 19:00e 12-DEC-25