Silver Predator Corp. Announces Effective Date for 5:1 Share Consolidation
NEWS RELEASE
TSX.V: SPD
November 17, 2017
NR 17-10
www.silverpredator.com
Silver Predator Corp. Announces Effective Date for 5:1 Share Consolidation
Toronto, Ontario, November 17, 2017: Silver Predator Corp. (TSX.V: SPD) (the “Company” or “Silver
Predator”) announces further to its news release dated November 7, 2017 that the Company will give effect
to the consolidation of its common shares on the basis of five (5) pre -consolidation common shares for one
(1) post -consolidation common shares (the “ Consolidation”) at [12:01 a.m. Pacific time] on Monday,
November 20, 2017.
The Company's post-consolidation Common Shares will be posted for trading on the TSX Venture Exchange
(the "TSXV") at the opening on Monday, November 20, 2017 under the current symbol "SPD" and new CUSIP
number 82808Q203.The Company will not be changing its name in connection with the Consolidation.
The 143,049,192 common shares issued and outstanding prior to the Consolidation will be reduced to
approximately 28,609,838 common shares after giving effect to the C onsolidation. The exact number of
common shares outstanding after the Consolidation will vary based on the elimination of fractional shares.
No fractional common shares will be issued as a result of the Consolidation. Each fractional share that is less
than ½ of a share will be cancelled and each fractional share that is at least ½ of a share will be changed to
one whole share.
Letters of transmittal will be mailed to the registered holders of the Company's common shares, requesting
that they forward their pre -consolidation common share certificates to the Company's transfer agent,
Computershare Investor Services Inc., for exchange fo r new c ommon share certificates representing their
common shares on a post-consolidation basis.
Silver Predator Corp.
Silver Predator is a precious metals exploration company with properties in the western US. The Company
holds the Taylor sediment hosed silver-gold project in eastern Nevada, currently under an option to
purchase agreement with Montego Resources (April 3, 2017 news release). The Taylor project hosts a
current measured and indicated silver resource of 8.89 million short tons with an estimated 16.8 million
ounces of silver at an average grade of 1.89 ounces per ton and an inferred resource of 1.72 million short
tons with an estimated 3.9 million ounces of silver at 2.30 ounces per ton; a resource that is open to
expansion, and is in a district that has identified the potential for discovery of additional silver and gold
deposits. The Company also holds the Copper King project, located in the eastern portion of the famous
Coeur d’ Alene Silver District near Mullan, Idaho. The exploration target combines high grade copper-silver
(lead-zinc) vein style mineralization with bedded bulk tonnage style copper-silver (lead-zinc) mineralization, as
typically found both locally and to the northwest in Montana at Hecla’s Spar Lake (Troy), Montanore and Rock
Peak deposits. Similar vein targets are being mined 3 miles south of Copper King at Hecla’s Lucky Friday
underground silver mine complex. The Company also holds additional early stage exploration properties
in Nevada.
Mr. Michael Maslowski, CPG, a Qualified Person as defined by National Instrument 43-101 and a consultant
for the Company, has reviewed, verified and approved disclosure of the technical information contained in
this news release
For additional information:
Nathan A. Tewalt
Chairman
208-635-5415
or
John T. Rickard
Chief Executive Officer
(208) 635-5415
Neither 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.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information
contained herein.
This press release contains forward-looking statements regarding future events, including the ability of the Company to
successfully conclude the proposed sale of assets and to meet its future payment obligations. There are numerous risks
and uncertainties that could cause actual results and Silver Predators’ plans and objectives to differ materially from
those expressed in the forward-looking statements. Actual results and future events could differ materially from those
anticipated in such information. These and all subsequent written and oral forward-looking information are based on
estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this
notice. Except as required by law, Silver Predator assumes no obligation to update forward-looking information should
circumstances or management's estimates or opinions change.