SILVER PREDATOR CORP. ("SPD")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 31, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation the Purchase Agreement dated November 22, 2022 ("Agreement"). Pursuant to the terms of the Agreement, the Company has agreed to sell the 100% right, title and interest in a series of certain mineral claims comprising the Taylor Silver Property ("Property") to an arm's length purchaser ("Purchaser"). In consideration of the transaction, the Purchaser paid to the Company a cash payment of $875,000 USD and issued 5% of the issued and outstanding common shares of the Purchaser. The Purchaser will pay a future consideration of an additional $875,000 USD within 18 months from closing.
Insider / Pro Group Participation: None
For further information, please reference the Company's news releases dated November 11, 2022, and January 30, 2023.
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