November 4, 2016 - Further to a press release dated October 7, 2016, Agave Silver Corporation (TSX VENTURE: AGV) is continuing its plans to proceed with a non-brokered private placement of up to 22,000,000 units ("Units") at a price of $0.07 per Unit for gross proceeds of up to $1,540,000.00 (the "Private Placement"). Each Unit will be comprised of one common share and one common share purchase warrant ("Warrant"), each Warrant entitling the holder thereof to purchase one additional common share of the Company at a price of $0.08 for a term of two years after the closing of the Private Placement. The proceeds will be used for exploration of the company's properties and general working capital purposes.
Additional information when available will be posted on the Company's website: www.agavesilver.com
