Aftermath Silver Increases Private Placement to $15.6-million
NOT FOR DISSEMINATION IN THE UNITED STATES
FOR IMMEDIATE RELEASE August 28, 2020
(AAG2020 – NR #11)
Aftermath Silver Increases Private Placement to $15.6-million
Vancouver, BC, August 26, 2020 – Aftermath Silver Ltd. (the “Company” or “ Aftermath”)
(TSX-V: AAG) (OTCQB: AAGFF) is pleased to announce that it is increasing its previously
announced non-brokered private placement (see News Release #10, dated August 26, 2020) from
19,250,000 shares to 24,000,000 shares at a price of $0.65 per share.
Mr. Eric Sprott will increase his investment in the financing in order to hold approximately 19.9%
of Aftermath issued and outstanding Common Shares, post-closing.
The private placement is subject to the approval of the TSX Venture Exchange and the securities
will be subject to a four month and one day hold period under securities laws.
The Company intends to use the net proceeds for exploration of the Berenguela silver -copper
project in Peru, and the Challacollo and Cachinal silver-gold projects in Chile, and for general
working capital and business development.
The private placement is subject to the approval of the TSX Venture Exchange and other applicable
securities regulatory bodies, and the securities will be subject to a four month and one day hold
period from the closing date, under Canadian securities laws.
About Aftermath Silver Ltd
About Aftermath Silver Ltd
Aftermath Silver Ltd is a Canadian junior exploration company focused on silver, and aims to
deliver shareholder value through the disc overy, acquisition, and development of quality silver
projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of
exploration and development.
ON BEHALF OF THE BOARD OF DIRECTORS
“Ralph Rushton”
Ralph Rushton
CEO and Director
604-484-7855
The TSX Venture Exchange does not accept 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 interpretation of exploration
programs and drill results, predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (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.
Although the Company believes the expectations expressed in such forward‐looking statem ents 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 differ materially from those in forward‐looking statements
include, but are not limited to, changes in commodities prices; changes in expected mineral
production performance; unexpected increases in capital costs; exploitation and exploration results;
continued avail ability of capital and financing; differing results and recommendations in the
Feasibility Study; and general economic, market or business conditions. In addition, forward‐looking
statements are subject to various risks, including but not limited to operat ional 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 regarding these and
other risk factors, accessible through Aftermath Silvers’ 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.