Kootenay Silver Recognized as a 2020 TSX Venture 50™ Company
Kootenay Silver Recognized as a 2020 TSX
Venture 50™ Company
VANCOUVER
,
Feb. 20, 2020
/CNW/ -
Kootenay Silver Inc. (TSXV: KTN) (the "Company" or
"Kootenay")
is pleased to announce that it has been recognized in the 2020 TSX Venture 50™ as
one of the top 50 performing companies on the TSX Venture Exchange ("TSXV") and has been
featured in a TSX Venture 50™ video that can be viewed
by clicking this link
.
The TSX Venture 50™ are the top 10 companies listed on the TSXV, in each of the five major
industry sectors – mining, oil & gas, clean technology & life sciences, diversified industries and
technology – based on three equally weighted criteria: market capitalization growth, share price
appreciation and trading volume for the year ending
December 31, 2019
.
Kootenay President and CEO,
James McDonald
stated
: "We are pleased and honoured to be
recognized as a top 50 performer in the 2020 TSX Venture 50™. This selection not only validates
the quality silver assets assembled by the Company but also recognizes the hard work conducted by
our talented technical and administrative teams in
Mexico
and Canada. The year 2020, is an exciting
one for the Company and its shareholders with plans for extensive drilling to follow up on the
excellent 2019 results at Columba and the first ever drill program at Copalito."
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
and in
British Columbia, Canada
.
Supported by one of the largest 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 advancement of two of its
existing silver resources located in the states of
Sonora
and Chihuahua,
Mexico
.
On Behalf of the Board of Directors of
KOOTENAY SILVER INC.
"James McDonald"
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
CAUTIONARY NOTES:
The sampling results disclosed in this news release are not necessarily indicative and drilling is
required to confirm a mineral deposit.
The information in this news release has been prepared as at
February 19, 2020
.
This news
release contains "forward-looking information" within the meaning of Canadian securities
legislation and "forward-looking statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 (collectively, "
forward-looking statements
"). All
statements, other than statements of historical fact, that address activities, events or developments
that Kootenay Silver Inc. ("
Kootenay
" or the "
Company
") believes, expects or anticipates will or
may occur in the future including, without limitation, the anticipated exploration program results
from exploration activities, the discovery and delineation of mineral deposits and sampling results
from the Columba Project and other properties, the anticipated content, commencement, and cost
of exploration programs in respect of the Company's projects and mineral properties, the
anticipated business plans and timing of future activities of the Company, future capital
expenditures (including the amount and nature thereof), business strategies and measures to
implement strategies, competitive strengths, goals, expansion and growth of the business and
operations, plans and references to the future success of the Company, and such other matters,
are forward
looking statements. These forward-looking statements reflect the current expectations
or beliefs of the Company based on information currently available to Kootenay and often use
words such as "expects", "plans", "anticipates", "estimates", "believes", "intends", "potential", "may"
or variations thereof or the negative of any of these terms.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the
actual results of the Company to differ materially from those discussed in the forward-looking
statements and, even if such actual results are realized or substantially realized, there can be no
assurance that they will have the expected consequences to, or effects on, Kootenay. Factors that
could cause actual results or events to differ materially from current expectations include, among
other things: the ability of the Company to obtain sufficient financing to fund its business activities
and plans, operating and technical difficulties in connection with mineral exploration and
development and mine development activities for Company's projects generally, actual results of
exploration activities (including the estimation or realization of mineral reserves and mineral
resources), the timing and amount of estimated future production, costs of production, capital
expenditures, the costs and timing of the development of new deposits, the availability of a
sufficient supply of water and other materials, requirements for additional capital, future prices of
gold and silver, changes in general economic conditions, changes in the financial markets and in
the demand and market price for commodities, possible variations in ore grade or recovery rates,
possible failures of plants, equipment or processes to operate as anticipated, accidents, labour
disputes and other risks of the mining industry, delays in obtaining governmental and regulatory
approvals (including of the TSX Venture Exchange), permits or financing or in the completion of
development or construction activities, changes in laws, regulations and policies affecting mining
operations, hedging practices, currency fluctuations, title disputes or claims limitations on
insurance coverage and the timing and possible outcome of pending litigation, environmental
issues and liabilities, risks related to joint venture operations, and risks related to the integration of
acquisitions, as well as those factors discussed under "Risk Factors" in the Company's most recent
annual management's discussion and analysis and other filings of the Company with the Canadian
Securities Administrators, copies of which can be found under the Company's profile on the
SEDAR website at
www.sedar.com
.
Any forward-looking statement speaks only as of the date on which it was made, and except as
may be required by applicable securities laws, Kootenay disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information, future events or
results or otherwise. Although Kootenay believes that the assumptions inherent in the forward-
looking statements are reasonable, forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements due to their
inherent uncertainty. There can be no assurance that forward-looking statements will prove to be
accurate, and actual results and future events could differ materially from those anticipated in such
statements.
Cautionary Note to US Investors:
This news release may contain information about adjacent
properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's
mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S.
investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral
deposits on our properties. This news release may contain forward-looking statements including
but not limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from those currently anticipated in such
statements.
SOURCE
Kootenay Silver Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/February2020/20/c7294.html
%SEDAR: 00016508E
For further information:
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
CO: Kootenay Silver Inc.
CNW 10:13e 20-FEB-20