/CNW/ - Silver Mountain Resources Inc. (" Silver Mountain " or the " Company ") is pleased to announce that Juan Carlos Ortiz
SILVER MOUNTAIN RESOURCES
ANNOUNCES APPOINTMENT TO BOARD OF
DIRECTORS
TSXV.AGMR
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO
THE UNITED STATES
/
TORONTO
,
June 28, 2022
/CNW/ - Silver Mountain Resources Inc. ("
Silver Mountain
" or the
"
Company
") is pleased to announce that
Juan Carlos Ortiz
has been appointed as a director of the
Company, effective
June 28, 2022
.
Mr. Ortiz is a Peruvian mining engineer with over 25 years of professional experience in the mining
sector. Mr. Ortiz currently serves as the Vice President of Operations at Compañia de Minas
Buenaventura, and he has served in various technical roles to established mining companies such as
Volcan Compañia Minera, Compañia Minera Milpo, and Compañia Minera Atacocha. Mr. Ortiz holds
a master's degree in Mineral Engineering Management from
Penn State University
.
The Company also announces that it has granted to Mr. Ortiz 660,000 options to acquire class A
common shares of the Company ("
Options
"). The Options are exercisable at a price of
$0.50
per
share for a period of four years.
About Silver Mountain
Silver Mountain Resources Inc. is a silver explorer and mine developer planning to re-commence
production at the Reliquias underground mine and undertake exploration activities at its prospective
silver camps at the Castrovirreyna Project in Huancavelica,
Peru
.
Silver Mountain's subsidiary Sociedad Minera Reliquias S.A.C. owns 100% of its concessions and
holds more than 27,000 Ha. in the district of Castrovirreyna, in Huancavelica, Peru.
Silver Mountain Resources Inc
82 Richmond Street East
Toronto, ON
M5C 1P1
647-262-4017
www.agmr.ca
Forward Looking Statements
This news release contains forward-looking statements and forward-looking information within the
meaning of Canadian securities legislation (collectively, "
forward-looking statements
") that relate
to Silver Mountain's current expectations and views of future events. Any statements that express, or
involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or
performance (often, but not always, through the use of words or phrases such as "will likely result",
"are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated",
"intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical
facts and may be forward-looking statements and may involve estimates, assumptions and
uncertainties which could cause actual results or outcomes to differ materially from those expressed
in such forward-looking statements. No assurance can be given that these expectations will prove to
be correct and such forward-looking statements included in this news release should not be unduly
relied upon. These statements speak only as of the date of this news release.
Forward-looking statements are based on a number of assumptions and are subject to a number of
risks and uncertainties, many of which are beyond Silver Mountain's control, which could cause
actual results and events to differ materially from those that are disclosed in or implied by such
forward-looking statements. Such risks and uncertainties include, but are not limited to, the factors
set forth under "
Statement Regarding Forward-Looking Information"
and "
Risk Factors
" in the
Company's final prospectus dated
January 26, 2022
and other disclosure documents available on
the Company's profile at
www.sedar.com
. Silver Mountain undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as may be required by law. New factors emerge from time to time, and it is not
possible for Silver Mountain to predict all of them, or assess the impact of each such factor or the
extent to which any factor, or combination of factors, may cause results to differ materially from
those contained in any forward-looking statement. Any forward-looking statements contained in this
news release are expressly qualified in their entirety by this cautionary statement.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE
Silver Mountain Resources Inc.
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For further information:
Alfredo Bazo, President, CEO & Director, [email protected]; Jean Pierre
Fort, Chief Financial Officer, [email protected]
CO: Silver Mountain Resources Inc.
CNW 15:45e 28-JUN-22