JDS Silver Receives USD$65M Equity Financing

jds_silverJDS Silver Inc., a Vancouver, Canada-based mine development platform, received a USD$65m equity financing.

Denham Capital, a resources and energy-focused global private equity firm, made the investment.

The company intends to use the funds to complete construction and bring into production the Silvertip Mine in Northern British Columbia.

Established in 2012 and led by CEO Jeff Stibbard, President Brent Gilchrist, COO Kevin Weston, CFO Richard Godfrey and VP of Finance Andrew Malashewsky, JDS Silver targets base and precious metals projects that may be “fast-tracked to cash flow” in northern and western Canada.

FinSMEs

27/09/2016

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