Silver Range Resources Ltd. Announces Issuance Of Shares For Services
Silver Range Resources Ltd. Announces Issuance Of Shares For Services
VANCOUVER, BC / ACCESSWIRE / October 24, 2023 / Silver Range Resources Ltd. (TSX-V:SNG) ("Silver Range") announces, further to its October 18, 2023 news release, that it has received acceptance from the TSX Venture Exchange (the "Exchange") for the issuance of 236,436 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" dated April 1, 2022 which will expire on March 31, 2024 unless extended in writing by the parties. This Agreement provides that Paladin will provide geological and other consulting services to Silver Range, with Paladin at its sole election to receive up to a maximum of $5,000 of its fee for any month in Silver Range's common shares, such shares to be issued at a deemed price per share equal to the market price of Silver Range's shares as traded in the Exchange calculated at the end of each month in which such services are provided minus 50% of the discount permitted under applicable Exchange policies. The shares will be issued semi-annually and will be subject to a four month and one day hold period, commencing on the date of issuance. Any consulting fees not paid by the issuance of Silver Range shares will be paid in cash.
不列顛哥倫比亞溫哥華/ACCESSWIRE/ 2023年10月24日/銀嶺資源有限公司（TSX-V：SNG）（“Silver Range”）在其2023年10月18日的新聞稿中宣佈，已收到多倫多證券交易所創業板交易所（“交易所”）的接受，向由Michael A.根據日期為2022年4月1日的“股份換服務協定”，該協定將於2024年3月31日到期，除非雙方書面延長。本協定規定，帕拉丁將提供地質和其他諮詢服務，以銀範圍，與帕拉丁在其唯一的選擇，以獲得最高達5,000美元的費用，任何一個月的銀範圍的普通股，該等股份將按相等於Silver Range股份於每月月底在本交易所買賣的市價的視作每股價格發行，其中此類服務的折扣為適用的Exchange政策允許的折扣的50%。該等股份將每半年發行一次，並將由發行日期起計為期四個月零一日。任何未通過發行Silver Range股票支付的諮詢費將以現金支付。
These shares were issued at deemed prices per share ranging from $0.0744 to $0.0963, calculated as provided for above, and were issued in partial consideration for geological and other consulting services provided to Silver Range by Paladin during the period April 1, 2023 through September 30, 2023. These shares are subject to a hold period which expires on February 24, 2024.
這些股份按上述規定計算，以每股0.0744美元至0.0963美元的視為價格發行，並部分考慮Paladin在2023年4月1日至2023年9月30日期間向Silver Range提供的地質和其他諮詢服務。這些股份的持有期將於2024年2月24日到期。
About Silver Range Resources Ltd.
關於Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in the southwestern United States and northern Canada. It has assembled a portfolio of 42 properties, of which 14 are currently under option to others. Four other projects have been converted to royalty interests. Silver Range is actively seeking other joint venture partners to explore the high-grade precious metal targets in its portfolio.
Silver Range是一家貴金屬遠景生產商，在美國西南部和加拿大北部工作。它已經整合了42個物業組合，其中14個目前正在向其他公司出售。另外四個專案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
總裁與首席執行官
For further information concerning Silver Range or its exploration projects please contact:
有關Silver Range或其勘探專案的更多資訊，請聯繫：
|
Investor Inquiries Richard Drechsler |
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投資者問詢 理查德·德雷克斯勒 |
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。