Silver Range Resources Ltd. Announces Proposed Issuance of Shares for Services
Silver Range Resources Ltd. Announces Proposed Issuance of Shares for Services
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled a portfolio of 44 properties, 13 of which are currently optioned to others. Four projects have been converted to royalty interests. Silver Range is actively seeking other joint venture partners to explore the high-grade precious metals targets in its portfolio.VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / Silver Range Resources Ltd. (TSXV:SNG) ("Silver Range") announces it proposes to issue a total of 196,581 shares to Paladin Geoscience Corp. ("Paladin"), a private company controlled by Michael A. Power, Silver Range's President and Chief Executive Officer, pursuant to a "Shares for Services Agreement".
温哥華，BC/ACCESSWIRE/2022年5月11日/Silver Range Resources Ltd.(多倫多證券交易所股票代碼：SNG)(“Silver Range”)宣佈，建議根據“股份換服務協議”，向由Silver Range總裁兼首席執行官Michael A.Power控制的私人公司Paladin Geoscience Corp.(“Paladin”)發行合共196,581股股份。
The proposed share issuance, which is subject to TSX Venture Exchange (the "Exchange") acceptance, is in partial consideration for geological consulting services provided to Silver Range by Paladin during the period October 1, 2021 through March 31, 2022. The shares are to be issued at deemed prices per share ranging from $0.1181 to $0.1444, being the market prices of Silver Range's shares as traded on the Exchange as calculated at the end of each month in which such services were provided, minus 50% of the discount permitted under applicable Exchange policies. All consulting fees not paid for by the issuance of Silver Range shares are paid in cash.
建議的股票發行須經多倫多證券交易所創業板(“交易所”)接受，部分代價是Paladin在2021年10月1日至2022年3月31日期間向Silver Range提供的地質諮詢服務。該等股份將以每股0.1181美元至0.1444美元不等的價格發行，即提供該等服務的每個月末Silver Range股票在聯交所交易的市價減去適用交易所政策所容許折讓的50%。所有未由發行Silver Range股票支付的諮詢費均以現金支付。
About Silver Range Resources Ltd.
關於Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled a portfolio of 44 properties, 13 of which are currently optioned to others. Four projects have been converted to royalty interests. Silver Range is actively seeking other joint venture partners to explore the high-grade precious metals targets in its portfolio.
Silver Range是一家在內華達州和加拿大北部工作的貴金屬前景生產商。該公司已整合了44處房產，其中13處目前已被其他公司收購。四個項目已被轉換為特許權使用費權益。Silver Range正在積極尋找其他合資夥伴，以探索其投資組合中的高品位貴金屬目標。
ON BEHALF OF SILVER RANGE RESOURCES LTD.
我代表銀嶺資源有限公司。
"Michael A. Power"
《邁克爾·A·鮑爾》
President and Chief Executive Officer
總裁兼首席執行官
For further information concerning Silver Range or its exploration projects please contact:
有關Silver Range或其勘探項目的更多信息，請聯繫：
Investor Inquiries
投資者問詢
Richard Drechsler
Vice-President, Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@silverrangeresources.com
理查德·德雷克斯勒
傳播部副總裁
電話：(604)687-2522
NA免費電話：(888)688-2522
郵箱：rdrechsler@silverrangeresources.com
Neither the 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.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
本新聞稿可能包含基於管理層對未來事件或結果的假設和判斷的前瞻性陳述，這些事件或結果可能由於勘探和其他超出其控制範圍的風險因素而被證明是不準確的，實際結果可能與預期結果大不相同。
SOURCE: Silver Range Resources Ltd.
資料來源：銀嶺資源有限公司。
譯文內容由第三人軟體翻譯。
