Priv Ate Placement Closes
Blende Silver Corp.
804 –750 WEST PENDER STREET
VANCOUVER, B.C. CANADA V6C 2T7
TELEPHONE: 604-682-2928
FAX: 604-685-6905
PRIV ATE PLACEMENT CLOSES
July 28, 2021
Vancouver, BC – Blende Silver Corp . (the “Company”) (TSXV: BAG) The Private Placement
first announced on May 25, 2021 has closed raising total gross proceeds of $ 960,500. The first
tranche closed on June 2 5, 2021 for 8,805,000 units raising gross proceeds of $880,500. The
second and final tranche closed today for 800,000 units raising gross proceeds of $80,000 . The
private placement units (“Unit”) are priced at $0.10 per Unit. Each Unit is comprised of one
common share and one full share purchase warrant (“Warrant”). Each whole Warrant is
exercisable to purchase one common share of the Company at a price of $0.20 per share for a
period of 36 months from the dates of closing.
Finder’s fees total $ 59,885 and 59 8,850 finder’s warrants all from the first tranche . Finder’s
Warrants are exercisable to purchase one common share of the Company at a price of $0. 20 per
share expiring 36 months from the dates of closing . Th e private placement is subject to TSX
Venture Exchange approval and all securities are subject to a four month hold period.
The proceeds from the private placement will be used to advance the Blende property and for
general working capital.
This press release does not constitute an offer of sale of any of the foregoing securities in the
United States. None of the foregoing securities have been and will not be registered under the U.S.
Securities Act of 1933, as amended (the “1933 Act”) or any appl icable state securities laws and
may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons
(as defined in Regulation S under the 1933 Act) or persons in the United States absent registration
or an applicable exem ption from such registration requirements. This press release does not
constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the
foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Blende Silver Corp.
Blende Silver Corp. is a Vancouver -based junior resource company focused on silver -zinc-lead
exploration and development at the company’s flagship Blende Deposit in north -central Yukon.
The 100% owned property is the largest carbonate-hosted Ag-Zn-Pb deposit in Yukon and one of
the largest undeveloped Ag-Zn-Pb deposits in Western Canada. It is winter-road accessible, 5,345
ha and situated 63 km northeast of Keno Hill, Yukon. The property has had more than $9.2M in
past exploration ($5.2M by Blende Silver); including 25,195 meters of drilling in 132 drillholes.
For further information please contact:
Blende Silver Corp.
“Andrew H. Rees”
Andrew H. Rees, Director
Tel: 604-505-3739
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release may contain certain forward -looking statements which invo lve known and
unknown risks, delays, and uncertainties not under the control of Blende Silver Corp. which may
cause actual results, performance or achievements of Blende Silver Corp. to be materially different
from the results, performance or expectation i mplied by these forward -looking statements. By
their nature, forward looking statements involve risk and uncertainties because they relate to events
and depend on factors that will or may occur in the future. Actual results may vary depending
upon explor ation activities, industry production, commodity demand and pricing, currency
exchange rates, and, but not limited to, general economic factors.