Blackrock Silver Announces $9 Million Bought Deal Public Offering of Units, Led by Investment from Eric Sprott

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VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- Blackrock Silver Corp. (TSXV:BRC) ("Blackrock" or the "Company") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 28,125,000 units of the Company (the “Units”) at a price of $0.32 per Unit for aggregate gross proceeds to the Company of $9,000,000 (the "Offering"). Mr. Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transaction.

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