Apollo Silver Corp. is pleased to announce a non-brokered private placement offering of 5,000,000 units of the Company at a price of $5.00 per Unit, for aggregate gross proceeds of $25,000,000 , Eric Sprott and a fund managed by Jupiter Asset Management , Apollo Silver's two largest shareholders are participating in the Offering. Mr. Sprott and the Jupiter Fund each will subscribe for 2,500,000 Units of the Company, for combined gross proceeds of $25 million. Following completion of the Offering, the Jupiter Fund will own approximately 12.1% of Apollo Silver's issued and outstanding common shares, while Eric Sprott will own approximately 9.6%, on an undiluted basis. On a partially diluted basis, each investor's ownership interest will increase accordingly. Andrew Bowering, Ch...