BRIEF-Kootenay announces increase to equity financing

Fri Jul 8, 2016 1:56pm EDT
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July 8 (Reuters) - Kootenay Silver Inc:

* Kootenay announces increase to equity financing and Pan American Silver's intention to exercise participation right

* To increase amount of offering from 10 million units to up to 11.3 million units for aggregate gross proceeds of up to $4.5 million

* Net proceeds of offering will be used to fund exploration and development of company's La Cigarra project in Mexico Source text for Eikon: Further company coverage: