Blende Silver closes $1,142,500 private placement tranche one

Blende Silver Closes Tranche One of Private Placement for Proceeds of $1,142,500

(TheNewswire)

 

September 17, 2026 – TheNewswire - Vancouver, Canada - Blende Silver Corp. (the “Company”) (TSX.V: BAG) (OTC: BAGGF) (WKN: A2QKT9) (FSE: BCW1) announces it has closed tranche one of the non-brokered private placement announced August 20, 2026. $422,500 was raised with the issuance of 1,690,000 Flow-Through units at a price of $0.25 and $720,000 was raised with the issuance of 3,600,000 Non Flow-Through units at a price of $0.20. All units consist of one common share and one share purchase warrant exercisable at $0.30 per share to September 16, 2028.  All warrants are Non-Flow-Through.

 

The proceeds from the private placement will be used to advance the Blende property and for general working capital. The private placement is subject to TSX Venture Exchange approval and all securities will be subject to a four month and one day hold period expiring January 17, 2027. Finder’s fees consisting of $75,600, 252,000 finder warrants exercisable at $0.20 and 100,800 finders warrants exercisable at $0.25 to September 16, 2028 were issued in connection with tranche one the private placement, in accordance with the policies of the TSX Venture Exchange.

 

The private placement remains open.

 

This news release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities within the United States or to, or for the account or benefit of, U.S. persons or persons in the United States. “United States” and “U.S. person” have the meanings ascribed to them in Regulation S under the U.S. Securities Act. The securities being issued have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any of the securities laws of any state of the United States, and may not be offered or sold within the United States or for the account or benefit of U.S. persons or persons in the United States except pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.

 

About Blende Silver Corp.

Blende Silver Corp. is a Vancouver-based junior resource company focused on silver-zinc-lead exploration and development at its flagship Blende Project in north-central Yukon. The 100%-owned property hosts a carbonate-hosted Ag-Zn-Pb mineral resource that has been described in published literature as the largest of its type in Yukon (M. Robinson and C.I. Godwin, Economic Geology, 1995). That characterization is based on information available as at the date of that publication and has not been independently verified or updated by the Company. The property covers 5,345 hectares, is winter road accessible, and is located approximately 63 km northeast of Keno Hill, Yukon.