(TheNewswire)
Toronto – TheNewswire - March 28, 2024: AbraSilver Resource Corp.(TSX.V:ABRA; OTCQX: ABBRF) ("AbraSilver" or the“Company”) is pleased to announcethat the Company has granted an aggregate of 5,680,000 stock optionspursuant to its share compensation plan (the "Plan") todirectors, officers, employees, advisors and consultants of theCompany. The options issued entitle the holder to acquire the samenumber of common shares of the Company and will be exercisable at aprice of $0.355 per common share for a period of five years from thedate of grant. The options were granted under and are subject to theterms and conditions of the Plan.
About AbraSilver
AbraSilver is an advanced-stage exploration companyfocused on rapidly advancing its 100%-owned Diablillos silver-goldproject in the mining-friendly Salta province of Argentina. Thecurrent Proven and Probable Mineral Reserve estimate for Diablillosconsists of 42.3 Mt grading 91 g/t Ag and 0.81 g/t Au, containingapproximately 124 Moz silver and 1.1 Moz gold, with significantfurther exploration upside potential. In addition, the Company hasentered into an earn-in option and joint venture agreement with Teckon the La Coipita project, whereby Teck can fund up to US$20 millionin exploration expenditures and make certain other payments to earn upto an 80% interest. AbraSilver is listed on the TSX-V under the symbol“ABRA” and in the U.S. on the OTCQX under the symbol“ABBRF.”
For further information please visit the AbraSilverResource website at www.abrasilver.com , our LinkedInpage at , andfollow us on Twitter at .
Alternatively please contact:
John Miniotis, President and CEO
Tel: +1 416-306-8334
Cautionary Statements
This news release includes certain"forward-looking statements" under applicable Canadiansecurities legislation. Forward-looking statements are necessarilybased upon a number of estimates and assumptions that, whileconsidered reasonable, are subject to known and unknown risks,uncertainties, and other factors which may cause the actual resultsand future events to differ materially from those expressed or impliedby such forward-looking statements. All statements that address futureplans, activities, events or developments that the Company believes,expects or anticipates will or may occur are forward-lookinginformation. There can be no assurance that such statements will proveto be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Accordingly,readers should not place undue reliance on forward-looking statements.When considering this forward-looking information, readers should keepin mind the risk factors and other cautionary statements in theCompany’s disclosure documents filed with the applicable Canadiansecurities regulatory authorities on SEDAR+ at www.sedarplus.ca. Therisk factors and other factors noted in the disclosure documents couldcause actual events or results to differ materially from thosedescribed in any forward-looking information. The Company disclaimsany intention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise, except as required by law.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this news release.
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