SILVERMET INC. ("SYI")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 22, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Shareholders Agreement dated October 27, 2015 and amended on December 17, 2015 (the "Agreements") between Silvermet Inc. (the "Company") and its joint venture partner Befesa Zinc, S.A.U. (the "JV Partner"). Pursuant to the Agreements, the Company and the JV Partner shall enter into a put/call option exercisable by either party on the Company's 49% interest in the Befesa Silvermet Turkey S.L. (the "JV"), which is an electric arc furnace dust processing facility located in Turkey. The Agreement was entered into in connection with a US$20,000,000 secured facility to be provided to the JV by the European Bank of Reconstruction and Development.
For more information please refer to the Company's information circular filed on SEDAR on September 1, 2015 and the Company's news release dated December 17, 2015.
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