$6M Placement to Accelerate Elizabeth Hill Exploration

West Coast Silver received firm commitments for a $6 million Placement to fund drilling, testwork, MRE updates and studies at Elizabeth Hill.

West Coast Silver has received firm commitments for an upsized $6 million Placement, strengthening its funding position to advance drilling, technical studies and development work at the Elizabeth Hill Silver Project.

<ul><li>Received firm commitments to raise $6 million through an oversubscribed Placement, upsized from the initial $3.5 million target due to strong investor demand.</li><li>Placement priced at $0.095 per share, representing a 13.8% discount to the 15-day VWAP prior to the trading halt.</li><li>Funds will support development drilling, exploration at Elizabeth Hill Deeps, South and West, metallurgical and geotechnical testwork, MRE updates and a maiden Scoping Study.</li><li>Admiralty Resource Fund, associated with Paul Cronin, supported the Placement with a $500,000 investment.</li><li>The funding positions West Coast Silver to accelerate exploration following recent drilling results identifying near-surface and deeper mineralisation at Elizabeth Hill.</li></ul>

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$6M Placement to Accelerate Elizabeth Hill Exploration