Apollo Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced upsized non-brokered private placement and has issued an aggregate of 3,000,000 units at a price of $5.00 per Unit for aggregate gross proceeds of $15,000,000. As previously announced, Eric Sprott, one of Apollo Silver's largest shareholders, participated in the first tranche and subscribed for 2,500,000 Units, for
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