Silver Predator Corp. Announces Signing of Letter of Intent with S2 Capital Group for the Purchase of the Taylor Silver Property
NEWS RELEASE
TSXV: SPD
November 2, 2020
NR 20-02
www.silverpredator.com
Silver Predator Corp. Announces Signing of Letter of Intent with S2 Capital Group
for the Purchase of the Taylor Silver Property
Hayden, Idaho, November 2, 2020: Silver Predator Corp. (TSXV: SPD) (the “Company” or “Silver Predator”)
announces the signing of a nonbinding Letter of Intent (“LOI”) with S2 Capital Group (“S2”) to acquire from
Silver Predator a series of certain mining claims located in White Pine County in the State of Nevada,
commonly referred to as the Taylor Silver Property (the “Property”).
The principal terms of the proposed transaction would be a payment of $4,750,000 USD, with a 20% non-
refundable down payment of $950,000 USD to be made before close of business on November 20, 2020, and
the balance due at closing, on or before close of business on December 4, 2020.
As conditions precedent to entering a Definitive Purchase Agreement (the “ Purchase Agreement”), S2 will
conduct a due diligence review of the Property , including a one-day site visit to the Property between
November 16 and November 18, 2020. The Company has agreed to a 30-day period of exclusive negotiation
rights with S2, during which time the Company shall not initiate, solicit, encourage, directly or indirectly, or
accept any offer or proposal regarding the purchase of the Property without S2’s written consent.
There can be no assurance that a Purchase Agreement with S2 will be consummated. The Company will
announce in one or more future news releases the outcome of these negotiations.
Silver Predator Corp.
Silver Predator is a mining exploration company, with properties in the wes tern US. In addition to the
Taylor Silver Project , the Company holds the Copper King project, located in the eastern portion of the
famous Coeur d’ Alene Silver Dis trict near Mullan, Idaho , and the Cordero, Cornucopia , and Treasure Hill
properties in Nevada.
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.