/CNW/ - Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) (" Silver Mountain Company ") is pleased to announce that it has commenced trading on the OTCQB® Venture Market under the symbol "AGMRF". U.S. investors can find current
SILVER MOUNTAIN RESOURCES BEGINS
TRADING ON THE OTCQB MARKETS
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO
THE UNITED STATES
/
TORONTO
,
June 16
, 2022
/CNW/ - Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB:
AGMRF) ("
Silver Mountain
" or the "
Company
") is pleased to announce that it has commenced
trading on the OTCQB® Venture Market under the symbol "AGMRF". U.S. investors can find current
financial disclosure and Real-Time Level 2 quotes for the Company on
www.otcmarkets.com
. Silver
Mountain's common shares will continue to trade on the TSX Venture Exchange under the symbol
"AGMR".
OTCQB is operated by OTC Markets Group Inc. (OTCQB: OTCM), an operator of regulated
markets for trading 12,000 U.S. and international securities. Trading on the OTCQB Market offers
companies efficient, cost-effective access to the U.S. capital markets. For companies listed on a
qualified international exchange, streamlined market standards enable them to utilize their home
market reporting to make their information available in the U.S. To qualify for OTCQB, companies
must meet high financial standards, follow best practice corporate governance, and demonstrate
compliance with applicable securities laws.
The Company is awaiting approval of its application for DTC eligibility. Nauth LPC acted as the
Company's OTCQB sponsor.
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.
About OTC Markets Group Inc.
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(OTCQB: OTCM) operates regulated markets for trading 12,000 U.S. and
international securities. Our data-driven disclosure standards form the foundation of our three public
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®
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®
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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, failure to list
the Warrants on the TSXV, the impact and progression of the COVID-19 pandemic, and other
factors set forth under "
Statement Regarding Forward-Looking Information"
and "
Risk Factors
" in
the Company's final prospectus dated
January 26, 2022
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.
View original content to download multimedia:
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For further information:
Alfredo Bazo, President, CEO & Director, [email protected]; Jean Pierre
Fort, Chief Financial Officer, [email protected]; Silver Mountain Resources Inc, 82 Richmond Street
East, Toronto, ON M5C 1P1, [email protected], 647-262-4017
CO: Silver Mountain Resources Inc.
CNW 07:00e 16-JUN-22