Silver Mountain Resources Inc. focuses on discovering and developing mineral deposits in Peru. The company’s core activity is exploration, and it plans to deploy fresh capital to expand drilling and geological work across its Peruvian projects. Management also intends to allocate part of the new funding to working capital needs and general corporate purposes. Silver Mountain’s latest financing will provide up to C$15 million (approximately US$10.7 million) in primary capital, with an additional over-allotment option that could lift proceeds to C$17.25 million. The funds strengthen the balance sheet and position the company to accelerate exploration timelines. While specific revenue or production metrics were not disclosed, the capital raise underscores investor confidence in the company’s exploration potential and future growth.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2025