Eric Sprott buying at Silver Storm Mining (SVRS)

Eric Sprott buying at Silver Storm Mining (V:SVRS)

Updated Tuesday Apr 16, 2024 02:13 AM EDT
Eric Sprott, a 10% Holder, acquired 27,272,727 Common Shares on a direct ownership basis at a price of $0.110 through a prospectus or prospectus exempt offering on April 10th, 2024. He also acquired 13,636,363 Warrants with an exercise price of $0.160 for 24 months. This represents a $3,000,000 investment into the company's shares and an account share holdings change of 69.0%.

Silver Storm Mining is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Silver Storm Mining Ltd., formerly Golden Tag Resources Ltd., is a Canada-based mineral resource exploration company. The Company is focused on advanced stage silver projects located in Durango, Mexico. The Company's project portfolio includes La Parrilla and San Diego Property. The La Parrilla project is located in Durango State, Mexico, approximately 76 kilometers southeast of Durango's capital and comprises 41 contiguous mining concessions in good standing, covering 69,478 hectares (ha). La Parrilla hosts five underground mines surrounding the mill, including Rosarios, La Rosa, San Jose, Quebradillas and San Marcos, and the Quebradillas open pit. The San Diego Property, which covers 92 ha, is located 75 km southwest of the city of Torreon, four km east-northeast (ENE) of the Company's San Juana Mine and 13 km NE of Penoles' Santa Maria Mine in north-east (NE) Durango State, Mexico.

Headlines: Apr 16, 2024


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