Blackrock Silver Receives Conditional Approval to List on The TSX and Establishes ATM Program as Longer Term Financial Alternatives
Blackrock Silver has received conditional approval to graduate its common shares from the TSX Venture Exchange to the Toronto Stock Exchange, keeping the ticker BRC with no change in CUSIP and no action required from shareholders. Final TSX approval remains subject to customary conditions, after which the shares will delist from the TSX-V. The company simultaneously established a C$50 million at-the-market equity program led by Research Capital Corporation, with BMO Nesbitt Burns, Canaccord Genuity, National Bank Financial and Raymond James as agents earning 2.5% of gross proceeds. The facility runs until the earlier of full utilization or September 18, 2027.
Key figures
- Atm expiry
- September 18, 2027
- Atm capacity
- up to C$50,000,000
- Agent commission
- 2.5% of gross proceeds
- Drill program metres
- 17000
- Underground decline permitting target
- 2027
AI analysis
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