Silver Range Resources Ltd. Announces Proposed Issuance Of Shares For Services
Silver Range Resources Ltd. Announces Proposed 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 45 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 / October 12, 2022 / - Silver Range Resources Ltd. (TSX-V:SNG) ("Silver Range") announces it proposes to issue a total of 248,465 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10月12日/-Silver Range Resources Ltd.多伦多证券交易所股票代码：SNG)(“Silver Range”)宣布，建议根据“股份换服务协议”向Paladin Geoscience Corp.(“Paladin”)发行合共248,465股股份，Paladin Geoscience Corp.(“Paladin”)是由Silver Range的首席执行官Michael A.Power控制的私人公司。
The proposed share issuance, which is subject to TSX Venture Exchange (the "Exchange") acceptance, is in partial consideration for geological consulting services provided to Silver Range by Paladin during the period April 1, 2022 through September 30, 2022. The shares are to be issued at deemed prices per share ranging from $0.070 to $0.109375, 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. All consulting fees not paid for the issuance of Silver Range shares are paid in cash.
建议的股票发行须经多伦多证券交易所创业板(“交易所”)接受，部分代价是Paladin在2022年4月1日至2022年9月30日期间向Silver Range提供的地质咨询服务。该等股份将以每股0.070美元至0.109375美元不等的价格发行，即提供该等服务的每个月末Silver Range股票在联交所交易的市价减去适用交易所政策所容许折让的50%。所有因发行Silver Range股票而未支付的咨询费均以现金支付。
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 45 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45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.
"Michael A. Power"
President and Chief Executive Officer
我代表银岭资源有限公司。
《迈克尔·A·鲍尔》
总裁与首席执行官
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：
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Investor Inquiries Richard Drechsler |
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投资者问询 理查德·德雷克斯勒 |
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。
