08:24 AM EDT, 05/29/2025 (MT Newswires) -- Silver Storm Mining ( SVRSF ) on Thursday said it has increased the size of its private placement of units to $8 million from $6 million, with proceeds to be used to begin rehabilitation work on the La Parrilla processing facility in Mexico.

The company will now issue 61.6 million units at $0.13 each. Each unit will consist of one share and one 36-month warrant that can buy a share at $0.20. The underwriters have been granted an over-allotment option of up to 15.4 million units.