April 11, 2018 / 2:46 PM / 6 months ago

BRIEF-Maya Gold & Silver Announces $25 Million Non Brokered Private Placement

April 11 (Reuters) - Maya Gold & Silver Inc:

* MAYA GOLD & SILVER ANNOUNCES $25 MILLION NON-BROKERED PRIVATE PLACEMENT

* SAYS INTENDS TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT OF CAD$25,000,000 THROUGH ISSUANCE OF 7.6 MLN SHARES, AT $3.30/SHARE

* SAYS NET PROCEEDS OF PRIVATE PLACEMENT WILL BE USED TO CONTINUE DEVELOPMENT AND EXPANSION OF ZGOUNDER SILVER MINE Source text for Eikon: Further company coverage:

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