Hercules Silver Announces Engagement of Momentum Investor Relations
Hercules Silver Announces Engagement of
Momentum Investor Relations
Toronto, Ontario--(Newsfile Corp. - April 5, 2024) -
Hercules Silver Corp.
(TSXV: BIG) (OTCQB:
BADEF) (FSE: 8Q7)
("
Hercules Silver
" or the "
Company
") is pleased announce that it has engaged
Momentum IR Corp. ("
Momentum
") a Toronto based investor relations and corporate communications
firm led by Nisha Hasan, to provide investor relations and advisory services.
Chris Paul, CEO and Director of the Company, noted: "
As we look to embark on our upcoming 2024
drilling campaign, engaging Momentum is the next step in the Company's growth strategy to enhance
our ability to communicate developments with our shareholders and the broader investment
community. I'm delighted to welcome Nisha and her team aboard to ensure that we stay aligned with
our shareholders and effectively communicate the progress of our upcoming drill program.
"
The initial term of the agreement (the "
Agreement
") is for a period of twelve months unless otherwise
terminated earlier. As consideration for the services, the Company will pay a monthly fee of $10,000 in
addition to 200,000 Options exercisable for a period of 5 years with an exercise price of CAD$0.83. The
options will vest in four equal tranches over a period of twenty-four months.
Momentum does not have any interest, directly or indirectly, in the Company or its securities, or any right
or intent to acquire such an interest. Aside from this Agreement, the Company does not have any
relationship with Momentum. The engagement with Momentum is subject to approval of the TSX Venture
Exchange.
About Hercules Silver Corp.
Hercules Silver Corp. is a junior mining company focused on the exploration and development of the
100% owned Hercules Silver Project, northwest of Cambridge, Idaho.
The Hercules project is a disseminated silver-lead-zinc system with 28,000 meters of historical drilling
across 3.5 kilometers of strike. The additional discovery of a new porphyry copper system at depth in
2023 adds significant upside potential to the Property. The Company is well positioned for growth
through the drill bit, having completed extensive surface exploration consisting of soil & rock sampling,
geological mapping, IP geophysics.
The Company's management team brings significant exploration experience through the discovery and
development of numerous precious metals projects worldwide.
For further information please contact:
Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email:
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. Any securities referred to herein have not and will not be registered under
the United States Securities Act of 1933, as amended (the "
U.S. Securities Act
") or any state
securities laws and may not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws of an exemption from such
registration is available.
Disclaimer for Forward-Looking Information
This news release contains certain information that may be deemed "forward-looking information" with
respect to the Company within the meaning of applicable securities laws. Such forward-looking
information involves known and unknown risks, uncertainties and other factors that may cause the
Company's actual results, performance or achievements, or developments in the industry to differ
materially from the anticipated results, performance or achievements expressed or implied by such
forward-looking information. Forward-Looking information includes statements that are not historical
facts and are generally, but not always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or
conditions "will," "would," "may," "could" or "should" occur. Forward-Looking information contained in
this press release may include, without limitation, the results of operations, and the expected financial
performance of the Company.
Although the Company believes the forward-looking information contained in this news release is
reasonable based on information available on the date hereof, by its nature, forward-looking information
involves assumptions and known and unknown risks, uncertainties and other factors which may cause
our actual results, level of activity, performance or achievements, or other future events, to be materially
different from any future results, performance or achievements expressed or implied by such forward-
looking information.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks
and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse
industry events; the receipt of required regulatory approvals and the timing of such approvals; that the
Company maintains good relationships with the communities in which it operates or proposes to
operate, future legislative and regulatory developments in the mining sector; the Company's ability to
access sufficient capital from internal and external sources, and/or inability to access sufficient capital on
favorable terms; mining industry and markets in Canada and generally; the ability of the Company to
implement its business strategies; competition; the risk that any of the assumptions prove not to be valid
or reliable, which could result in delays, or cessation in planned work, risks associated with the
interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results
will not be consistent with the Company's expectations, as well as other assumptions risks and
uncertainties applicable to mineral exploration and development activities and to the Company, including
as set forth in the Company's public disclosure documents filed on the SEDAR+ website
www.sedarplus.ca
.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS
THE EXPECTATIONS OF HERCULES SILVER AS OF THE DATE OF THIS PRESS RELEASE AND,
ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE
UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES SILVER MAY ELECT TO, IT
DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT
AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
press release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/204452