Kootenay Silver Files Final Base Shelf Prospectus
KOOTENAY SILVER FILES FINAL BASE
SHELF PROSPECTUS
/NOT FOR DISTRIBUTION TO
UNITED STATES
NEWSWIRE SERVICES
OR
FOR
DISSEMINATION IN
THE
UNITED
STATES./
VANCOUVER, BC
,
March 28, 2024
/CNW/ - Kootenay Silver Inc. ("
Kootenay
" or the "
Company
")
(TSXV: KTN) is pleased to announce that it has obtained a receipt for a final short form base shelf
prospectus with the securities regulators in each province and territory of Canada.
This filing allows the Company and/or selling security holders to make offerings of common shares
(including by way of an "at-the-market distribution" in accordance with applicable securities laws),
warrants, subscription receipts, units, debt securities or any combination thereof for up to a
maximum amount of C$40 million during the 25-month period over which the base shelf prospectus is
effective.
The Company has filed this base shelf prospectus in order to have greater financial flexibility going
forward, but has no immediate plans to issue any securities under it at this time, and may never
proceed with any such issuance. Should the Company and/or selling security holders decide to offer
securities during the 25-month effective period, the specific terms, including the use of proceeds, will
be set forth in a prospectus supplement to the final base shelf prospectus, which will be filed with
the applicable Canadian securities regulatory authorities.
This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of these securities, in any province, state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or qualification under the securities laws
of any such province, state or jurisdiction.
A copy of the short form base shelf prospectus can be found under the Company's profile on
SEDAR+ at
www.sedarplus.ca
.
About Kootenay Silver Inc.
Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development
of mineral projects in the Sierra Madre Region of
Mexico
. Supported by one of the largest junior
portfolios of silver assets in
Mexico
, Kootenay continues to provide its shareholders with significant
leverage to silver prices. The Company remains focused on the expansion of its current silver
resources, new discoveries and the near-term economic development of its priority silver projects
located in prolific mining districts in
Sonora
, State and Chihuahua, State,
Mexico
, respectively.
On behalf of the board of directors and for additional information, please contact:
James McDonald
, CEO and President
at 403-880-6016
Ken Berry
, Chairman
at 604-601-5652; 1-888-601-5650
or visit:
www.kootenaysilver.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
the contents of this news release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
This news release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. "Forward-looking information" includes, but is not limited to, statements with
respect to the activities, events or developments that the Company expects or anticipates will or
may occur in the future. Generally, but not always, forward-looking information and statements can
be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or
variations of such words and phrases or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.
Such forward-looking information and statements are based on numerous assumptions. Although the
assumptions made by the Company in providing forward-looking information or making forward-
looking statements are considered reasonable by management at the time, there can be no
assurance that such assumptions will prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the Company's plans or
expectations include risks relating to regulatory approvals. Although the Company has attempted to
identify important factors that could cause actual results to differ materially from those contained in
the forward-looking information or implied by forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended. There can be no assurance that
forward-looking information and statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated, estimated or intended. Accordingly, readers
should not place undue reliance on forward-looking statements or information. These forward looking
statements are made as of the date of this press release, and, other than as required by applicable
securities laws, the Company disclaims any intent or obligation to update publicly any forward
looking statements, whether as a result of new information, future events or results or otherwise.
SOURCE
Kootenay Silver Inc.
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%SEDAR: 00016508E
CO: Kootenay Silver Inc.
CNW 20:24e 28-MAR-24