Castle Silver Resources Inc.

10:11 AM EST - Castle Silver Resources Inc. : Has closed the first tranche of a strategic private placement, raising gross proceeds of $500,000. The Company issued 2,500,000 units at a price of $0.20 per unit and expects to soon close a second and final tranche of up to an additional $250,000. Castle Silver Resources Inc. shares (V.CSR) are trading unchanged at 0.25.