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BP Silver raises C$9.38M in private placement to fund exploration in Bolivia's silver projects.

Company Fundamentals
02 Apr 2026
Newsfile Corp
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Bullish
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BP Silver Corp. has closed the second tranche of its private placement, raising an additional C$825,067, bringing total gross proceeds to C$9.38 million. The funds will support exploration activities at its Cosuño Silver Project and potential work at the Titiri project in Bolivia, including geophysical surveys and a Phase II drill program. The offering was increased from C$8 million to C$10 million due to strong investor demand, and a third tranche is expected to close soon. This capital raise aims to advance BP Silver's high-grade silver exploration in a prolific mining region, positioning the company for future growth opportunities.

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