Silver Storm announced a $7.5 million non-brokered private placement with Eric Sprott, while Gossamer Bio also announced a private placement of up to $250 million.

Billionaire Eric Sprott has reportedly allocated 98% of his $3 billion fortune to gold and silver, asserting that gold prices are set to reach $10,000.

American Eagle Gold plans to raise C$34.5 million through financing, with Eric Sprott slated to acquire a 9.9% stake in the company.