Zacatecas Silver Corp. (TSX-V:ZAC, OTC:ZCTSF) has increased its private placement financing from $1.8 million to $2.5 million, closing the book on the offering.
Each unit, priced at $0.10, includes one common share and half a warrant. The warrant allows purchase of a share at $0.15 within two years.
Proceeds will cover property costs and working capital. The financing is set to close within a week.