Canada Silver Announces Quebec Flow-Through Private Placement
Canada Silver is proud to announce the launch of their Quebec Flow-Through private placement! This secure investment provides investors with the opportunity to benefit from long-term, tax-free returns.
Through this placement, investors can effectively participate in the exploration and development of a mineral resource in the Province of Quebec. The Canada Silver Flow-Through Private Placement allows accredited individuals, corporations, and foundations to acquire common shares in the company with their eligible expenditure eligible for tax deductions under the Quebec Tax Act.
The placement provides investors with an effective, long-term, and tax-free investment strategy. Not only are investors able to maximize their tax deductions and reduce their tax liabilities, but they are also able to benefit from Canada Silver’s strong financial record and future growth prospects.
To be eligible for the private placement, investors must hold the common shares for at least 24 months from the date of acquisition with no intention to resell them in the public market during the period. Additionally, the acquisition of any common shares of Canada Silver obtained under this private placement is subject to the prior approval of the TSX Venture Exchange and applicable regulatory authorities.
The success of this Canada Silver Flow-Through private placement will help the company explore, develop, and expand their mineral projects in the Province of Quebec. This is an exciting opportunity for accredited investors to capitalize on attractive tax incentives while providing a long-term and secure investment.
To make sure the placement meets the requirements of the Quebec Tax Act, Canada Silver has obtained a letter of opinion from an independent qualified accountant. Additionally, the placement will be supervised by an Investment Supervisory Committee (ISC) to ensure compliance with applicable securities and financial laws.
Canada Silver is looking forward to the success of its Quebec Flow-Through Private Placement and is confident in the security and reliability of this unique investment opportunity.
