Silver One Resources Inc. (TSXV: SVE) will seek acquisitions. It will conduct a non-brokered private placement of up to 10,680,000 units ('Units') at a price of $0.25 per Unit for gross proceeds of up to $2,670,000 (the 'Offering'). Proceeds of the financing will be used for ongoing exploration and drilling activities at the Candelaria Silver Project, additional exploration activities to further define the high-grade silver-gold-copper vein systems at the Cherokee Project, potential silver focused acquisitions and for working capital purposes.