Silver One Announces Increase of Private Placement Financing

silver ones announces increase of private placement

Vancouver, British Columbia–(Newsfile Corp. -January 3, 2019) -Silver One Resources Inc. (TSXV: SVE) (OTC Pink: SLVRF) (FSE: BRK1) (“Silver One” or the “Company”) is pleased to announce that it has increased its previously announce private placement financing (see news release dated December 27, 2018) from 3,066,667 units of the Company (“Units”) to 4,108,333 Units at a price of C$0.15 per Unit for gross proceeds of up to C$616,250 Each Unit will continue to consist of one common share (“Share”) in the capital of the Company and one-half of one share purchase warrant (each whole warrant being a “Warrant” of the Company). Each whole Warrant will entitle the holder to purchase one share at an exercise price of C$0.20 per share for a period of three years from the date of the issue of the Warrants.

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