Aftermath Silver Announces Proposed Warrant Extension
FOR IMMEDIATE RELEASE September 8, 2022
(AAG2022 – NR #13)
Aftermath Silver Announces Proposed Warrant Extension
Vancouver, BC, September 8, 20212 – Aftermath Silver Ltd. (the “Company” or “Aftermath”) (TSX-V: AAG)
(OTCQB: AAGFF) is pleased to announce that, subject to receipt of required approval from the TSX Venture
Exchange, the Company will extend the expiry of a total of 7,921,199 outstanding common share purchase
warrants (the “Warrants”).
The Warrants were issued pursuant to a private placement offering which closed on November 14, 2019
(the “Private Placement”) pursuant to which the Company issued 16,500,000 units of the Company (each,
a “ Unit”) at a price of C$0. 20 per Unit. Each Unit consisted of one common share of the Company (a
“Share”) and one-half of one Warrant, with each whole Warrant entitling the holder thereof to purchase
an additional Share until November 14, 2022, at an exercise price of C$0.25.
The term of the Warrants will be amended to extend the expiry date of the Warrants by one year from
November 14, 2022 to November 14, 2023. All other terms and conditions of the Warrants will remain
unchanged.
About Aftermath Silver Ltd.
Aftermath Silver Ltd is a leading Canadian junior exploration company focused on silver, and aims to deliver
shareholder value through the discovery, acquisition and development of quality silver projects in stable
jurisdictions. Aftermath has developed a pipeline of projec ts at various stages of advancement. The
Company's projects have been selected based on growth and development potential.
• Berenguela Silver-Copper project. The Company has an option to acquire a 100% interest through
a binding agreement with SSR Mining. The project is located in the Department of Puno, in southern
central Peru. A NI 43-101 Technical Report on the property was filed in February 2021 (available on
SEDAR and the Company’s web page). The Company is currently drilling at Berenguela and planning
to advance the project through a pre-feasibility study.
• Challacollo Silver-Gold project. The Company recently completed the acquisition of a 100% interest
in the Challacollo silver -gold project from Mandalay Resources; see Company news release dated
August 11, 2022. A NI 43 -101 mineral resource was released on December 15, 2020 (available on
SEDAR and the Company’s web page) . The Company is currentl y permitting road access in
anticipation of an upcoming drill program.
• Cachinal Silver-Gold project. The Company own s a 100% interest in the Cachinal Ag -Au project,
located 2.5 hours south of Antofagasta. On June 10, 2022 Aftermath announced it had reached an
agreement to sell Cachinal to Honey Badger Silver Inc. On September 16, 2020 the Company
released a CIM compliant Mineral Resource and accompanying NI 43 -101 Technical Report
(available on SEDAR and on the Company's web page).
ON BEHALF OF THE BOARD OF DIRECTORS
“Ralph Rushton”
Ralph Rushton
CEO and Director
604-484-7855
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
Certain of the statements and information in this news release constitute “forward -looking information”
within the meaning of applicable Canadian provincial securities laws. Any statements or information that
express or involve discussions with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance, including without limitation, exploration plans at
the Company’s mineral projects (often, but not always, using words or phrases such as “expects”, “is
expected”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”,
“targets”, “goals”, “forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or
stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or
be achieved, or the negative of any of these terms and similar expressions) are not statements of historical
fact and may be forward-looking statements or information.
These statements involve known and unknown risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in such forward‐looking statements, including
without limitation, failure of the Company to obtain TSX Venture Exchange approval for the proposed
Warrant amendments. Although the Company believes the expectations expressed in such forward‐looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those in the forward‐looking
statements. Factors that could cause actual results to di ffer materially from those in forward‐looking
statements include, but are not limited to, failure of the Company to obtain TSX Venture Exchange approval
for the proposed Warrant amendments . In addition, forward‐looking statements are subject to various
risks, including but not limited to operational risk; political risk; currency risk; capital cost inflation risk; that
data is incomplete or inaccurate. The reader is referred to the Company’s filings with the Canadian
securities regulators for disclosure reg arding these and other risk factors, accessible through Aftermath
Silver’s profile at www.sedar.com.
There is no certainty that any forward‐looking statement will come to pass and investors should not place
undue reliance upon forward‐looking statements. The Company does not undertake to provide updates to
any of the forward‐looking statements in this release, except as required by law.