Aftermath Closes $17.1M Non-Brokered Private Placement
FOR IMMEDIATE RELEASE September 14, 2020
(AAG2020 – NR #14)
Aftermath Closes $17.1M Non-Brokered Private Placement
Vancouver, British Columbia, September 14, 2020 – Aftermath Silver Ltd. (the “Company” or
“Aftermath Silver”) (TSX-V: AAG) (OTCQB: AAGFF) is pleased to announce that it has closed
its previously announced non-brokered private placement of 26,362,442 shares for gross proceeds of
$17,135,587 (the "Private Placement"). Mr. Eric Sprott has increased his investment in order to
maintain 19.61% of Aftermath’s issued and outstanding Common Shares.
All securities issued in connection with the Private Placement are subject to a hold period and may
not be traded until January 15, 2021, except as permitted by applicable securities legislation and the
rules and policies of the TSX Venture Exchange.
An aggregate amount of $494,567.44 in cash and 290,360 common shares were paid as finders' fees
in connection with the Private Placement.
The Company intends to use the net proceeds for drilling and other technical studies on the
Berenguela Silver-Copper project in Peru, and the Challacollo and Cachinal Silver -Gold projects in
Chile, and for general working capital purposes.
About Aftermath Silver Ltd:
Aftermath Silver is a Canadian junior exploration company. Aftermath offers investors silver-
focused development opportunities in Chile and Peru, two of the world’s top mining and silver
jurisdictions. Aftermath has assembled the right combination of talent, properties, strategy, risk
management and marketing for investors seeking quality silver opportunities in today’s precious
metals markets. Aftermath's leadership is recognized for value generation and corresponding
shareholder success.
ON BEHALF OF THE BOARD OF DIRECTORS
“Ralph Rushton”
Ralph Rushton
President & CEO
604-484-7855
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
release.
Forward Looking Statements
Certain statements within this news release, other than statements of historical fact relating to Aftermath
Silver, are to be considered forward-looking statements with respect to the Company’s intentions for the
Cachinal Project in Chile. Forward-looking statements include statements that are predictive in nature,
are reliant on future events or conditions, or include words such as “expects”, “goal”, “potential”,
“anticipates”, “plans” , “believes”, “considers”, “significant”, “intends”, “targets”, “estimates”,
“seeks”, attempts”, “assumes”, and other similar expressions.
The forward -looking statements are based on a number of assumptions which, while considered
reasonable by Aftermath Silver Ltd, are, by their nature, subject to inherent risks and uncertainties and
are not guarantees of future performance. Factors that could cause actual results to differ materially
from those in forward-looking statements include: the interpretation of previous and current results, the
accuracy of exploration results, the accuracy of Mineral Resource Estimates, the anticipated results of
future exploration, the forgoing ability to finance these acquisitions further exploration and development,
delays in the completion of exploration, the future prices of silver and gold, and other metals, and general
economic, market and/or business conditions. There can be no assurances that such statements and
assumptions will prove accurate and, therefore, readers of this news release are advised to rely on their
own evaluation of the information contained within. In addition to the assumptions herein, these
assumptions include the assumptions described in Aftermath Silver Ltd’s Management’s Discussion and
Analysis for the three months ended August 31, 2019, as filed with the TSX Venture Exchange and
available on SEDAR under Aftermath’s profile at www.sedar.com.
Although Aftermath Silver Ltd. has attempted to identify important risks, uncertainties and other factors
that could cause actual performance, achievements, actions, events, results or conditions to differ
materially from those expressed in or implied by the forward -looking statements, there may be other
risks, uncertainties and other factors that cause future performance to differ from what is anticipated,
estimated or intended. Unless otherwise indicated, forward-looking statements contained herein are as
of the date hereof and Aftermath Silver Ltd. does not assume any obligation to update any forward -
looking statements after the date on which such statements were made, except as required by applicable
law.