Maverick Gold and Silver announces C$1.1M private placement

• Maverick Gold and Silver (VRCFF) announced a non-brokered private placement of up to 22M units at C$0.05 each, targeting gross proceeds of C$1.1M.
• Proceeds will be used for working capital and general corporate purposes.
• Each unit comprises one common share and one warrant, with each warrant exercisable at C$0.10 per share for 24 months.
• The company may accelerate warrant expiry if its share price closes at or above C$0.15 for 10 consecutive trading days, subject to written notice.
• Finders may receive a 6% cash commission and warrants covering 6% of units sold to investors they introduce. =

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