Silver Bullet Mines Seeks to Extend Warrants
Silver Bullet Mines Seeks to Extend Warrants
Burlington, Ontario--(Newsfile Corp. - January 30, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI)
(OTCQB: SBMCF) ('SBMI' or 'the Company') announces it is applying to the TSX Venture Exchange to
extend all warrants related to the Company's $0.30 round of financing (the "Warrants"). The Warrants
have a two-year term, are exercisable at $0.50 (fifty cents) and were issued in various tranches from
February 6, 2021 to July 8, 2021.
The Company is seeking regulatory approval to extend all Warrants for one additional year from their
original expiry dates.
With respect to the Arizona mining and milling operations, SBMI expects to be able to make further
disclosure within two weeks.
For further information, please contact:
John Carter
Silver Bullet Mines Corp., CEO
+1 (905) 302-3843
Peter M. Clausi
Silver Bullet Mines Corp., VP Capital Markets
+1 (416) 890-1232
Cautionary and Forward-Looking Statements
This news release contains certain statements that constitute forward-looking statements as they
relate to SBMI and its subsidiaries. Forward-looking statements are not historical facts but represent
management's current expectation of future events, and can be identified by words such as "believe",
"expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues" and similar
expressions. Although management believes that the expectations represented in such forward-
looking statements are reasonable, there can be no assurance that they will prove to be correct.
By their nature, forward-looking statements include assumptions, and are subject to inherent risks and
uncertainties that could cause actual future results, conditions, actions or events to differ materially
from those in the forward-looking statements. If and when forward-looking statements are set out in this
new release, SBMI will also set out the material risk factors or assumptions used to develop the
forward-looking statements. Except as expressly required by applicable securities laws, SBMI
assumes no obligation to update or revise any forward-looking statements. The future outcomes that
relate to forward-looking statements may be influenced by many factors, including but not limited to:
the impact of SARS CoV-2 or any other global pathogen; reliance on key personnel; the
thoroughness of its QA/QA procedures; the continuity of the global supply chain for materials for SBMI
to use in the production and processing of mineralized material; shareholder and regulatory
approvals; activities and attitudes of communities local to the location of the SBMI's properties; risks
of future legal proceedings; income tax matters; fires, floods and other natural phenomena; the rate of
inflation; availability and terms of financing; distribution of securities; commodities pricing; currency
movements, especially as between the USD and CDN; effect of market interest rates on price of
securities; and, potential dilution. SARS CoV-2 and other potential global pathogens create risks that
at this time are immeasurable and impossible to define.
The Issuer has not based its production decision on current resources or the results of a pre-feasibility
study of mineral resources to establish mineral reserves demonstrating technical and economic
viability. Significant uncertainty exists on the presence of any economic mineable material.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/152930