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Canadian Silver Bear Resources will develop Mangazeya silver deposit in Yakutia
Aterra Investments investment fund Alexei Mordashov increased his stake in the Canadian company Silver Bear Resources to 25% as a result of the additional issue of shares. 64,42 million shares were placed at a price of $ 0,17, Silver Bear said.
The funds raised are planned to be spent on the development of the Mangazeysky silver deposit in Yakutia and on the repayment of debts.