Kootenay Silver Trading Activity
Kootenay Silver Trading Activity
VANCOUVER, BC
,
Jan. 30, 2024
/CNW/ -
Kootenay Silver Inc.
(TSXV: KTN)
(the "Company" or
"Kootenay")
wishes to confirm that its board and management are not aware of any corporate
development or undisclosed material change relating to the Company or its operations that would
account for the recent trading activity and decrease in its share price.
The trading activity of
January 29, 2024
, may be related to the disposition of shares by a Silver ETF,
which filed a prospectus indicating that as of
January 29th, 2024
, they were no longer following the
Prime Junior Miners Silver Index. The index included a number of silver explorers including Kootenay.
As of
mid-December 2023
, the ETF had published holdings of approximately 910,000 shares of
Kootenay.
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.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
The information in this news release has been prepared as at
January 29, 2024
. Certain
statements in this news release, referred to herein as "forward-looking statements", constitute
"forward-looking statements" under the provisions of Canadian provincial securities laws. These
statements can be identified by the use of words such as "expected", "may", "will" or similar
terms.
Forward-looking statements are necessarily based upon a number of factors and assumptions that,
while considered reasonable by Kootenay as of the date of such statements, are inherently subject
to significant business, economic and competitive uncertainties and contingencies. Many factors,
known and unknown, could cause actual results to be materially different from those expressed or
implied by such forward-looking statements. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date made. Except as otherwise
required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly
any updates or revisions to any such statements to reflect any change in Kootenay's expectations
or any change in events, conditions or circumstances on which any such statement is based.
View original content to download multimedia:
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SOURCE
Kootenay Silver Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/January2024/30/c4981.html
%SEDAR: 00016508E
For further 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
CO: Kootenay Silver Inc.
CNW 07:25e 30-JAN-24