Silver One Amends Warrant Terms
Silver One Amends Warrant Terms
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Silver One Resources Inc. (TSXV: SVE)
(OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") announces the TSX Venture Exchange
has accepted the extension to the expiry date of 10,191,669 share purchase warrants (the "Warrants")
issued to subscribers under the Company's private placement that closed on July 14, 2020. The
Company confirms that the Warrants are now extended from July 14, 2023 to July 14, 2024.
The exercise price of $0.65 and all other terms of the Warrants will remain unchanged for the extended
exercise period.
About Silver One
Silver One is focused on the exploration and development of quality silver projects.
The Company holds
a 100%-interest in its flagship project, the past-producing Candelaria Mine located in Nevada.
Potential
reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible
near-term production.
Additional opportunities lie in previously identified high-grade silver intercepts
down-dip and potentially increasing the substantive silver mineralization along-strike from the two past-
producing open pits.
The Company has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire
five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-
copper-gold vein systems, traced to date for over 11 km along-strike.
Silver One holds an option to acquire a 100% interest in the Silver Phoenix Project. The Silver Phoenix
Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt", immediately
adjacent to the prolific copper producing area of Globe, Arizona.
For more information, please contact:
Silver One Resources Inc.
Gary Lindsey - VP, Investor Relations
Phone: 604-974-5274
Mobile: (720) 273-6224
Email:
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver
One cautions that all forward-looking statements are inherently uncertain, and that actual performance
may be affected by a number of material factors, many of which are beyond Silver One's control. Such
factors include, among other things: risks and uncertainties relating to Silver One's limited operating
history, ability to obtain sufficient financing to carry out its exploration and development objectives on the
Candelaria Project, obtaining the necessary permits to carry out its activities and the need to comply
with environmental and governmental regulations. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs, intentions and expectations expressed or
implied in the forward-looking information. Except as required under applicable securities legislation,
Silver One undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/173465