Canadian Silver Hunter Exercises Option and Acquires 100% Interest in Lost Dog Property
Canadian Silver Hunter Exercises Option and Acquires 100% Interest in Lost Dog Property
Toronto, Ontario--(Newsfile Corp. - September 21, 2023) - Canadian Silver Hunter Inc. (TSXV: AGH.H) (the "Company") is pleased to announce that it has fulfilled the terms of its option agreement (the "Option Agreement") dated October 23, 2020, as amended December 31, 2022 and has earned a 100% ownership interest in the Lost Dog property in Denton Township, Northern Ontario. The Company made a cash payment of $40,000 and issued 500,000 common shares in the capital of the Company ("Common Shares") to Timothy Towers (the "Optionor"), a director of the Company to satisfy the remaining conditions of the Option Agreement.
加拿大安大略省多倫多-(Newsfile Corp.-2023年9月21日)-加拿大銀色獵人公司(TSXV：AGH.H)(The公司“)很高興地宣佈，它已履行其期權協定的條款(”期權協定)，並已取得位於安大略省北部丹頓鎮的Lost Dog Property的100%所有權權益。本公司支付現金40,000美元，並以公司資本發行500,000股普通股(“普通股“)致Timothy Towers(The”選擇器“)，本公司之董事以滿足購股權協定之餘下條件。
The Optionor shall retain a 2% net smelter royalty ("NSR").
期權持有人應保留2%的冶煉廠淨特許權使用費(“NSR“)。
The Common Shares issued will be subject to a hold period of four months plus a day from the date of closing, pursuant to applicable securities laws.
根據適用的證券法，已發行的普通股的持有期為四個月外加自成交之日起一天。
The Optionor is a director of the Company and accordingly the share issuance constituted a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions ("MI 61-101"). The related party transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact that the fair market value of the Common Shares to be issued pursuant to the Option Agreement does not exceed 25% of the Company's market capitalization.
購股權人為本公司的董事，因此，股份發行構成多邊檔案61-101-特別交易中保護少數股權持有人(“)所界定的”關聯方交易“。米其林61-101基於根據購股權協定將發行的普通股的公平市值不超過本公司市值的25%，關聯方交易獲豁免遵守MI 61-101的正式估值及少數股東批准的要求。
The Company can now proceed with the completion of the sale of the Lost Dog property. The Company entered into a purchase and sale agreement (the "Agreement") with 15083974 Canada Inc. ("CAN") dated August 15th, 2023. The Agreement was announced on August 22, 2023 and was subject to the Company exercising its option to acquire the Property pursuant to the Option Agreement.
該公司現在可以著手完成出售丟失的狗的財產。本公司訂立買賣協定(“協定“)與15083974加拿大公司(”能“)日期：8月15日這是，2023年。該協定於2023年8月22日公佈，並須受本公司根據購股權協定行使其收購該物業的選擇權所規限。
About Canadian Silver Hunter Inc.
關於加拿大銀色獵人公司
Canadian Silver Hunter Inc. is a Canadian mineral exploration company focused on gold, silver, cobalt, nickel, and copper exploration in Ontario and Quebec. For further details about the Company's projects please visit the company website at .
加拿大Silver Hunter Inc.是一家加拿大礦產勘探公司，專注於安大略省和魁北克省的金、銀、鈷、鎳和銅勘探。有關公司專案的更多詳情，請訪問公司網站：。
For more information please contact:
如需更多資訊，請聯繫：
Jeffrey Hunter
President & CEO
Tel: (416) 707-4230
Email: jhunter@cshi.ca
傑弗裡·亨特
總裁兼首席執行官
電話：(416)707-4230
電子郵件：jHunter@cshi.ca
CAUTIONARY STATEMENT: 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.
警示聲明：多倫多證券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。
Notice Regarding Forward-Looking Information
關於前瞻性資訊的通知
Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and commodity prices. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.
本新聞稿中陳述的某些資訊可能包含涉及大量已知和未知風險和不確定性的前瞻性資訊。這些前瞻性資訊受到許多風險和不確定因素的影響，其中某些風險和不確定因素是公司無法控制的，包括但不限於一般經濟條件、行業條件、對監管部門批准的依賴以及大宗商品價格的影響。請讀者注意，編制這類資訊時使用的假設雖然在編制時被認為是合理的，但可能被證明是不準確的，因此不應過度依賴前瞻性資訊。雙方不承擔更新前瞻性資訊的義務，除非適用的證券法另有要求。
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