Silver Range Resources Ltd. Announces Issuance of Shares for Services
Silver Range Resources Ltd. Announces Issuance of Shares for Services
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled a portfolio of 44 properties, of which 13 are currently under option to others. Four other properties have been converted to royalty interests. Silver Range is actively seeking other joint venture partners to explore the high-grade precious metals targets in its portfolio.VANCOUVER, BC / ACCESSWIRE / May 19, 2022 / Silver Range Resources Ltd. (TSX-V:SNG) ("Silver Range") announces, further to its May 11, 2022 news release, that it has received acceptance from the TSX Venture Exchange (the "Exchange") for the issuance of 196,581 shares to Paladin Geoscience Corp. ("Paladin"), a private company controlled by Michael A. Power, Silver Range's President and Chief Executive Officer, pursuant to a "Shares for Services Agreement".
温哥华，BC/ACCESSWIRE/2022年5月19日/Silver Range Resources Ltd.多伦多证券交易所股票代码：SNG)(“Silver Range”)在发布2022年5月11日的新闻稿后宣布，已收到多伦多证券交易所创业板(“交易所”)的接纳，将根据“股票换服务协议”向由Silver Range总裁兼首席执行官Michael A.Power控制的私人公司Paladin Geoscience Corp.(“Paladin”)发行196,581股股票。
These shares were issued at deemed prices per share ranging from $0.1181 to $0.1444, being the market prices of Silver Range's shares as traded on the Exchange as calculated at the end of each month in which such services were provided, minus 50% of the discount permitted under applicable Exchange Policies, and were issued in partial consideration for geological and other consulting services provided to Silver Range by Paladin during the period October 1, 2021 through March 31, 2022. These shares are subject to a hold period which expires on September 20, 2022.
这些股票的发行价为每股0.1181美元至0.1444美元，即提供此类服务的每个月末Silver Range股票在交易所交易的市场价格减去适用交易所政策允许的折扣的50%，并作为Paladin在2021年10月1日至2022年3月31日期间向Silver Range提供的地质和其他咨询服务的部分对价发行。这些股票的持有期将于2022年9月20日到期。
About Silver Range Resources Ltd.
关于Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled a portfolio of 44 properties, of which 13 are currently under option to others. Four other properties have been converted to royalty interests. Silver Range is actively seeking other joint venture partners to explore the high-grade precious metals targets in its portfolio.
Silver Range是一家在内华达州和加拿大北部工作的贵金属前景生产商。它已经整合了44个物业组合，其中13个目前正在向其他公司出售。另外四处房产已被转换为特许权使用费权益。Silver Range正在积极寻找其他合资伙伴，以探索其投资组合中的高品位贵金属目标。
ON BEHALF OF SILVER RANGE RESOURCES LTD.
我代表银岭资源有限公司。
"Michael A. Power"
President and Chief Executive Officer
《迈克尔·A·鲍尔》
总裁兼首席执行官
For further information concerning Silver Range or its exploration projects please contact:
有关Silver Range或其勘探项目的更多信息，请联系：
Investor Inquiries
投资者问询
Richard Drechsler
Vice-President, Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@silverrangeresources.com
理查德·德雷克斯勒
传播部副总裁
电话：(604)687-2522
NA免费电话：(888)688-2522
邮箱：rdrechsler@silverrangeresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
本新闻稿可能包含基于管理层对未来事件或结果的假设和判断的前瞻性陈述，这些事件或结果可能由于勘探和其他超出其控制范围的风险因素而被证明是不准确的，实际结果可能与预期结果大不相同。
SOURCE: Silver Range Resources Ltd.
资料来源：银岭资源有限公司。
