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Silicon Metals Corp (OTC: SLCND) announced a private placement to issue up to 4,444,444 units at $0.135 per unit, raising up to $600,000. Each Unit includes one common share and one warrant exercisable at $0.175 for 24 months, with an accelerator if CSE shares close at $0.60 for ten consecutive trading days. Proceeds are intended for property advancement and general working capital. Securities will be subject to a four-month-plus-one statutory hold period and will not be registered in the United States.