SILVER ONE RESOURCES INC. ("SVE") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: January 19, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an option agreement dated January 16, 2017 between Silver One Resources Inc. (the 'Company') and Candelaria Mining Company (a subsidiary of Silver Standard Resources Inc.) pursuant to which the Company can acquire a 100% interest in 30 patent claims and 305 unpatented lode mineral claims and millsite claims located in Mineral and Esmeralda Counties, Nevada, known as the Candelaria Silver project. In consideration, the Company will issue a total of US$4,000,000 in shares in stages as follows:
SHARES Upon Exchange Acceptance US$1,000,000* First Anniversary US$1,000,000* Second Anniversary US$1,000,000* Third Anniversary US$1,000,000*
* issued at the greater of (i) the market price and (ii) the 20 day volume weighted average price. ________________________________________
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