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Maverick Gold and Silver closes first tranche of private placement, raising C$554,000 for exploration and operations.

Company Fundamentals
16 Oct 2026
Newsfile Corp
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Bullish
Maverick Gold and Silver closes first tranche of private placement, raising C$554,000 for exploration and operations.

Maverick Gold and Silver Corp. has closed the first tranche of its private placement, issuing 11.08 million units at C$0.05 each, raising gross proceeds of C$554,000. Each unit includes one common share and one warrant to buy an additional share at C$0.10 until October 2028. The funds will support working capital and general corporate purposes as the company advances its gold, silver, and copper exploration projects in Nevada and British Columbia. Maverick plans to close additional tranches of the offering in the future.

Maverick Gold and Silver's private placement news is presented here with Basic Materials sector market data from Pluang. For readers following Basic Materials, 42 of 83 priced US stocks rose and 41 fell. Notable movers include Newmont Corporation at USD 114.76 (+2.87%), PPG Industries at USD 107.82 (+2.81%), and AngloGold Ashanti Limited at USD 91.30 (+2.76%). This data is as of Oct 17, 2026 03:11 WIB.

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