Silver Viper Minerals Updates Size of Private Placement
Silver Viper Minerals Updates Size of Private
Placement
/NOT FOR DISTRIBUTION TO
UNITED STATES
NEWSWIRE SERVICES OR FOR
DISSEMINATION IN
THE UNITED STATES
/
VANCOUVER, BC
,
Dec. 3, 2023
/CNW/ -
S
ilver Viper Minerals Corp.
(the "
Company
" or "
Silver
Viper
") (TSXV: VIPR) (OTC: VIPRF) announces that in connection with the Company's non-
brokered private placement previously announced on
November 30, 2023
(the "Offering"), it has
updated the maximum size of the Offering to up to 38,636,363 units (the "Units") to raise gross
proceeds of up to approximately
$4,250,000
from an initial maximum of gross proceeds of up to
$5,000,000
. All other terms of the Offering remain unchanged.
An amended and restated offering document (the "Offering Document") dated
December 3, 2023
related to the Offering has been filed and can be accessed under the Company's profile at
www.sedarplus.com
and on the Company's website at
https://silverviperminerals.com/investors
.
Prospective investors should read the Offering Document before making an investment decision and
should not rely on the offering documents filed
November 30, 2023
.
The Offering is anticipated to close in a series of tranches, with the first tranche on or about
December 20, 2023
, and is subject to certain conditions including, but not limited to, the receipt of all
necessary approvals, including the approval of the TSX Venture Exchange.
About the Company
Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on
precious metals exploration in the northwestern Mexican
state of Sonora
. The Company currently
operates the La Virginia Gold-Silver Project. Silver Viper has 100% ownership of the La Virginia
concessions acquired from the most recent operator, Pan American Silver Corp., and has an option
to acquire a 100% interest in the Rubi-Esperanza group of claims internal to those concessions.
Silver Viper is under management provided by the Belcarra Group, which is comprised of highly
qualified mining professionals.
ON BEHALF OF THE BOARD OF DIRECTORS
Steve Cope
President and CEO
Forward Looking Information
This news release may contain forward-looking statements, including statements with respect to the
terms of the Offering, the receipt of regulatory approvals for the Offering and closing of the Offering.
These statements reflect management's current estimates, beliefs, intentions and expectations; they
are not guarantees of future performance. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Such factors include, among other
things: risks and uncertainties relating to exploration and development, the ability of the Company to
obtain additional financing, the need to comply with environmental and governmental regulations,
fluctuations in the prices of commodities, operating hazards and risks, competition and other risks
and uncertainties, including those described in the Company's financial statements, management
discussion and analysis and/or annual information form available on
www.sedarplus.com
. The risk
factors identified in such documents are not intended to represent a complete list of factors that
could affect the Company. Actual results may differ materially from those currently anticipated in
such statements and the Company undertakes no obligation to update such statements, except as
required by law.
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.
SOURCE
Silver Viper Minerals Corp.
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For further information:
please contact Silver Viper Minerals Corp. at 604-687-8566, email
[email protected] or visit our website at www.silverviperminerals.com.
CO: Silver Viper Minerals Corp.
CNW 21:30e 03-DEC-23