Argentum Silver Corp. (TSXV:ASL) announced its intention to offer a non-brokered private placement.

The press release is quoted as saying:

The proceeds of the private placement will be used to fund exploration and drilling programs at our Lachiguiri property and the Coyote and Victoria properties which Argentum has a signed letter of intent to option from Soltoro Ltd.

To read the full press release, click here.