SLVRF - Silver One Resources acquires the Candelaria silver mine project in Nevada
2023-05-31 05:35:34 ET
- Silver One Resources ( OTCQX:SLVRF ) has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining.
- In order to obtain its 100% interest, Silver One previously issued to SSR Mining a total $3.1M shares (being ~10.42M shares) over a three year period from 2017 to 2020, and assumed an ~$2.5M reclamation bond filed with the BLM.
- As part of its acquisition of the Candelaria silver mine project, the company did not grant a royalty to SSR Mining.
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Silver One Resources acquires the Candelaria silver mine project in Nevada