Silver Dollar Accelerates Acquisition and Delivers Notice Exercising Option to Acquire La Joya Ag-Cu-Au Property From First Majestic Silver
Silver Dollar Accelerates Acquisition and Delivers Notice Exercising Option to Acquire La Joya Ag-Cu-Au Property From First Majestic Silver
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2023) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to report that, further to its news release of August 10, 2020, it has delivered a notice to First Majestic Silver Corp. ("First Majestic") exercising its option to acquire a 100% interest (the "Acquisition") in First Majestic's La Joya silver-copper-gold property (the "Property"). Located in the southeastern portion of the State of Durango in the Mexican Silver Belt (see Figure 1), the Property is comprised of 15 mineral concessions totaling 4,646 hectares and hosts the Main Mineralized Trend (MMT), Santo Nino, and Coloradito deposits.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.-2023 年 4 月 11 日）- Silver Dollar Resources Inc.（CSE：SLV）（OTCQX：SLVDF）（FSE：4YW）（“Silver Dollar” 或 “公司”） 很高興地向大家報告，繼2020年8月10日發佈新聞稿後，它已向First Majestic Silver Corp.（“First Majestic”）發出通知，行使收購First Majestic的La Joya銀銅金房產（“房產”）100％的權益（“收購”）的選擇權。該物業位於墨西哥銀帶杜蘭戈州的東南部（見圖1），由15個礦產特許權組成，總面積爲4,646公頃，擁有主要礦化趨勢（MMT）、聖尼諾和科羅拉多礦牀。
Figure 1: Location of the La Joya Project along with past-producing and operating mines in the area.
圖 1：La Joya 項目的位置以及該地區過去的生產和運營礦山。
"We are proud to announce the exercise of the options to acquire La Joya from First Majestic. Our team has done an excellent job establishing a positive working relationship with the local communities and advancing the project, particularly when you consider we entered into this agreement during the height of Covid-19 restrictions," said Mike Romanik, president of Silver Dollar. "We have completed almost 6,000 metres of exploration drilling thus far, with results that include the discovery of the Brazo area, and continue with our new target development work. We would also like to thank the local communities for their cooperation and support."
“我們很自豪地宣佈行使從First Majestic收購La Joya的期權。Silver Dollar總裁邁克·羅曼尼克說，我們的團隊在與當地社區建立積極的工作關係和推進項目方面做得非常出色，尤其是考慮到我們在Covid-19限制措施的高峰期簽訂了該協議。“到目前爲止，我們已經完成了近6,000米的勘探鑽探，結果包括布拉索地區的發現，並將繼續我們的新目標開發工作。我們還要感謝當地社區的合作與支持。”
Pursuant to the option agreement (the "Option Agreement") dated August 7, 2020, as amended by an amending agreement dated March 28, 2023 (the "Amending Agreement"), among the Company and First Majestic, First Majestic granted the Company an exclusive option to acquire an initial 80% interest and if exercised, a second option to acquire the remaining 20% interest in a wholly-owned subsidiary of First Majestic that holds the Property through its wholly-owned Mexican subsidiary by making certain payments, incurring certain expenditures and issuing securities.
根據經2023年3月28日修正協議（“修正協議”）修訂的2020年8月7日的期權協議（“期權協議”），First Majestic與First Majestic向公司授予了收購初始80％權益的排他性期權，如果行使，則通過支付某些款項收購First Majestic全資子公司剩餘20％的權益，該子公司通過其全資墨西哥子公司持有該物業，承擔支付某些支出和發行證券。
The closing of the Acquisition is subject to the provision of standard closing deliverables and is expected to be completed shortly. The Company will issue a subsequent news release announcing the closing of the Acquisition when completed.
收購的完成取決於標準收購交付品的提供，預計不久將完成。公司將在收購完成後發佈後續新聞稿，宣佈收購結束。
A copy of the Option Agreement, the Amending Agreement and the Company's news release dated August 10, 2020, which contains additional information regarding the Property, are available under the Company's profile on SEDAR at .
期權協議、修正協議和公司於2020年8月10日發佈的新聞稿的副本，其中包含有關該物業的更多信息，可在公司在SEDAR上的簡介下找到，網址爲。
About the La Joya Project:
關於 La Joya 項目：
The La Joya Property is situated approximately 75 kilometres directly southeast of the state capital city of Durango in a prolific mineralized region with past-producing and operating mines including Grupo Mexico's San Martin Mine, Industrias Penoles's Sabinas Mine, Pan American Silver's La Colorada Mine, and First Majestic's La Parrilla and Del Toro Silver Mines.
拉霍亞地產位於州首府杜蘭戈東南約75公里處，位於一個多產的礦化地區，過去的生產和運營礦山包括墨西哥集團的聖馬丁礦、Industrias Penoles的薩比納斯礦、泛美白銀的拉科羅拉達礦以及First Majestic的拉帕里拉和德爾託羅銀礦。
Silver Dollar previously reported analytical results for its Phase I drill program, which consisted of 2,424 metres completed over 11 holes (See news releases of March 24, 2022 and May 4, 2022); and for its Phase II program, which consisted of 3,428 metres of drilling completed over 17 holes (See news releases of June 13, 2022, August 17, 2022, and October 25, 2022).
Silver Dollar此前公佈了其第一階段鑽探計劃的分析結果，該項目包括在11個洞中完成的2424米（見2022年3月24日和2022年5月4日的新聞稿）；以及其第二階段計劃的分析結果，包括在17個洞中完成的3428米鑽探（見2022年6月13日、2022年8月17日和2022年10月25日的新聞稿）。
For additional information, click on the Property location map above to watch a short video.
欲瞭解更多信息，請點擊上方的房產位置圖觀看簡短的視頻。
About Silver Dollar Resources Inc.
關於 Silver Dollar 資源公司
Silver Dollar is a mineral exploration company that completed its initial public offering in May 2020 and is fully funded with approximately $5.7 million in the treasury. The Company's projects are located in two of the prolific mining jurisdictions in the world. They include the advanced exploration and development stage La Joya Silver Project in the state of Durango, Mexico, and the discovery-stage Pakwash Lake and the Longlegged Lake properties in the Red Lake Mining District of Ontario, Canada. The Company has an aggressive growth strategy and is actively reviewing potentially accretive acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.
Silver Dollar是一家礦產勘探公司，於2020年5月完成了首次公開募股，資金充足，國庫約爲570萬美元。該公司的項目位於世界上兩個多產的採礦司法管轄區。其中包括位於墨西哥杜蘭戈州的La Joya Silver Project的高級勘探和開發階段，以及位於加拿大安大略省紅湖礦區的Pakwash Lake和Longlegged Lake的發現階段。該公司制定了積極的增長戰略，正在積極審查潛在的增值收購，重點是採礦友好型司法管轄區的鑽探準備項目。
For additional information, you can download our latest presentation by clicking here and you can follow us on Twitter by clicking here.
如需更多信息，您可以單擊此處下載我們的最新演示文稿，也可以單擊此處在 Twitter 上關注我們。
ON BEHALF OF THE BOARD
代表董事會
Signed "Michael Romanik"
已簽署 “邁克爾·羅曼尼克”
Michael Romanik,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (204) 724-0613
Email: mike@silverdollarresources.com
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
邁克爾·羅曼尼克，
總裁、首席執行官兼董事
銀元資源公司
直撥電話：(204) 724-0613
電子郵件：mike@silverdollarresources.com
179-2945 Jacklin Road，416 套房
不列顛哥倫比亞省維多利亞市，V9B 6J9
Forward-Looking Statements:
前瞻性陳述：
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding: the Company's expectation to complete the Acquisition, the timing of the closing of the Acquisition and the provision of the closing deliverables in respect of the Acquisition. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward- looking statements including: the Company may never complete the Acquisition in the time frame expected or at all; First Majestic may not provide the closing deliverables required to complete the Acquisition; and the risk that adverse market conditions and/or other factors beyond the control of the parties prevent the completion of the Acquisition. Additionally, forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release, including that the Company will be able to complete the requirements necessary to close the Acquisition; that the Acquisition will close in the short time expected; that First Majestic will complete its obligations required to complete the Acquisition; and that there will be no events or circumstances outside the control of the Company or First Majestic that will prevent the completion of the Acquisition. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
本新聞稿包含前瞻性陳述。除歷史事實陳述外，所有涉及公司相信、預期或預期將來會或可能發生的活動、事件或發展的陳述均爲前瞻性陳述。本新聞稿中的前瞻性陳述包括有關以下方面的陳述：公司對完成收購的預期、收購完成的時間以及提供收購的最終交付成果。前瞻性陳述反映了管理層基於當前可用信息的當前預期，並受許多風險和不確定性的影響，這些風險和不確定性可能導致結果與前瞻性陳述中討論的結果存在重大差異，包括：公司可能永遠無法在預期的時間範圍內完成收購；First Majestic 可能無法提供完成收購所需的最終交付成果；以及不利的市場條件和/或其他雙方無法控制的因素阻礙收購的風險收購完成。此外，前瞻性陳述基於公司做出的某些重要假設和分析以及截至本新聞稿發佈之日管理層的意見和估計，包括公司將能夠完成收購所需的要求；收購將在預期的短時間內完成；First Majestic 將完成收購所需的義務；以及不會發生公司或 First Majestic 無法控制的事件或情況阻止收購完成。儘管公司認爲前瞻性陳述中固有的假設是合理的，但前瞻性陳述並不能保證未來的業績，因此，不應過分依賴此類陳述，因爲它們固有的不確定性。可能導致實際業績或事件與當前預期存在重大差異的因素包括總體市場狀況和公司無法控制的其他因素。除非適用法律要求，否則公司明確表示不打算或有義務更新或修改任何前瞻性陳述，無論是由於新信息、未來事件還是其他原因。
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.
加拿大證券交易所（由CNSX Markets Inc.運營）既沒有批准也沒有拒絕本新聞稿的內容。
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。