Norsemont II Receives Shareholder Approval of Business Combination with Argentum Silver
Norsemont II Receives Shareholder Approval of
Business Combination with Argentum Silver
July 24, 2019 - Toronto, Canada - Argentum Silver Corp. (TSX.V: ASL) (“Argentum”) is pleased to
announce that the requisite approval by shareholders (the “ Shareholders”) of Norsemont II Resources
Corp. (“Norsemont”) has been obtained at the special meeting of shareholders of Norsemont held on June
23, 2019 in connection with the acquisition by Argentum of all the issued and outstanding sec urities of
Norsemont in exchange for common shares in the capital of Argentum (the “ Transaction”). At the
meeting, a special resolution approving the Transaction was approved by 100% of the votes cast by
shareholders of Norsemont present in person or by proxy.
Completion of the Transaction remains subject to several conditions, including TSX Venture Exchange
(“TSXV”) final acceptance and completion of due diligence. In connection therewith, Norsemont is
currently preparing a National Instrument 43-101 technical report for the Cochavara Silver -Lead-Zinc
Project and its audited financial statements in order to satisfy the filing requirements of the TSXV.
There can be no assurance that the Transaction will be completed as proposed or at all. Tradi ng in the
securities of Argentum should be considered speculative.
About Argentum Silver Corp.
Argentum Silver is a junior mineral exploration company listed on the TSXV under the stock symbol ASL.
Argentum hold 80% interest in the Vanadium Ridge Property located at the southern end of the Quesnel
Trough 50 km north of Kamloops, British Columbia. The property consists of 20 mining claims covering
2,151 hectares near the town of Barri ère. The project hosts vanadium -rich magnetite mineralization in
seams and pods in altered ultramafic to intermediate intrusive rocks which form a portion of a large Late
Triassic Poison Creek diorite intrusion complex. The near -surface exposure of vanadiferous magnetite is
an attractive exploration target that may not require c hemical processing for the liberation of a magnetite
concentrate. Argentum feels it is a good entry into what is becoming one of the most sought -after
commodities in the battery-metal sector.
For more information contact:
Gary Nassif, President & CEO
416-855-9304
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this
release.
This news release includes forward -looking statements that are subject to risks and uncertainties. All statements within, other than
statements of historical fact, are to be considered forward looking. Although Argentum 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 forward-looking statements. Factors that could cause actual results to differ
materially from those in forward -looking statements include market prices, exploitation and exploration successes, continued
availability of capital and financing, and general economic, market or business conditions. There can be no a ssurances that such
statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not
assume any obligation to update any forward-looking statements except as required by applicable laws.