Silver Dollar Terminates Exclusivity Period With Canasil Resources
Silver Dollar Terminates Exclusivity Period With Canasil Resources
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2023) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") reports that, further to its news release of April 20, 2023, it has terminated the exclusivity period provided in the Exclusivity Agreement signed with Canasil Resources Inc. ("Canasil") due to general market conditions.
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年6月12日)-銀元資源公司(CSE：SLV)(場外交易市場：SLVDF)(證券交易所：4YW)(“銀元”或“公司”)報道稱，繼2023年4月20日發佈新聞稿後，由於一般市場狀況，該公司已終止與Canasil Resources Inc.(以下簡稱Canasil)簽署的排他性協定中規定的排他性期限。
The purpose of the Exclusivity Agreement was to give Silver Dollar the opportunity to review Canasil's assets and consider a corporate merger. Termination of the exclusivity period does not affect the separate Option Agreement between the parties, whereby Silver Dollar can earn a 100% interest in Canasil's Nora silver-gold property (the "Nora Option").
排他性協定的目的是讓Silver Dollar有機會審查Canasil的資產並考慮公司合併。排他期的終止不影響雙方之間的單獨期權協定，根據該協定，Silver Dollar可以賺取Canasil的Nora銀金資產(“Nora期權”)的100%權益。
Under the terms of the Nora Option, Silver Dollar can earn a 100% interest in the Nora property (the "Property") by incurring total exploration expenditures of $3,000,000 and making cash payments totaling $375,000 over five years. Upon earning a 100% interest in the Property, Silver Dollar will grant Canasil a 3% net smelter returns royalty (the "Royalty"), with Silver Dollar having the right to buy back 1% of the Royalty for $3,000,000. After granting the Royalty, Silver Dollar will also pay an annual royalty of $25,000 which will be offset against the 1% Royalty buyback. For additional information on the Property, see Silver Dollar's news release of May 24, 2023.
根據Nora購股權的條款，Silver Dollar可透過產生3,000,000美元的總勘探開支及於五年內支付總計375,000美元的現金付款，賺取Nora物業(“該物業”)的100%權益。於賺取該物業的100%權益後，Silver Dollar將授予Canasil 3%的冶煉廠淨收益(“特許權使用費”)，Silver Dollar有權以3,000,000美元回購1%的特許權使用費。授予版稅後，Silver Dollar還將每年支付25,000美元的版稅，這筆費用將與1%的版稅回購相抵銷。有關該房產的更多資訊，請參見Silver Dollar於2023年5月24日發佈的新聞稿。
Pursuant to the agreements, Canasil now has 60 days to repay the $200,000 non-interest-bearing loan Silver Dollar provided in return for the exclusivity period and the Nora Option.
根據協定，Canasil現在有60天的時間償還20萬美元的無息貸款Silver Dollar，以換取排他期和Nora選擇權。
About Silver Dollar Resources Inc.
關於銀元資源公司。
Silver Dollar is a mineral exploration company that completed its initial public offering in May 2020 and is fully funded for its 2023 exploration plans with approximately $5 million in the treasury. The Company's primary projects lie within the prolific Durango-Zacatecas silver-gold belt and include the advanced exploration stage La Joya Silver Property and the recently discovered Nora Silver-Gold Property, both located in the state of Durango, Mexico. The Company has an aggressive growth strategy and is actively reviewing potential 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月完成首次公開募股，並為其2023年勘探計劃提供了全額資金，國庫資金約為500萬美元。該公司的主要專案位於多產的Durango-Zacatecas銀金礦帶內，包括位於墨西哥杜蘭戈州的高級勘探階段La Joya銀礦和最近發現的Nora銀金礦。該公司擁有積極的增長戰略，並正在積極審查潛在的收購，重點放在礦業友好型司法管轄區的可鑽探專案上。
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欲瞭解更多資訊，您可以點擊此處下載我們的最新演示文稿，也可以點擊此處在Twitter上關注我們。
ON BEHALF OF THE BOARD
我代表董事會
Signed "Michael Romanik"
署名《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，
董事首席執行官總裁
銀元資源公司。
直撥電話：(204)724-0613
電子郵件：Mike@Silverdollarresource ces.com
傑克林路179-2945號，416號套房
不列顛哥倫比亞省維多利亞，V9B 6J9
Forward-Looking Statements:
前瞻性陳述：
This news release may contain "forward-looking statements." Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
本新聞稿可能包含“前瞻性陳述”。前瞻性陳述涉及已知和未知的風險、不確定性、假設和其他因素，可能導致公司的實際結果、業績或成就與前瞻性陳述明示或暗示的任何未來結果、業績或成就大不相同。任何前瞻性聲明僅在本新聞稿發佈之日發表，除適用的證券法可能要求外，公司不承擔任何更新任何前瞻性聲明的意圖或義務，無論是由於新資訊、未來事件或結果或其他原因。
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)既不批准也不反對本新聞稿的內容。
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。