The proceeds of the Offering, contributed to by members of the Lundin family,
Five insiders of the Company subscribed for 6,919,333 Shares under the Offering for an aggregate value of
The securities issued in the Offering are subject to a statutory hold period of four months from the date of issuance. No finders' fees were paid in connection with the Offering.
About
Contact:
Chief Executive Officer
Tel: (604) 283 7630
Email: info@highlandersilver.com
Forward-Looking Information
Certain information contained in this news release constitutes 'forward-looking information' under Canadian securities legislation. This includes, but is not limited to, information or statements with respect to the use of proceeds, closing the San Luis acquisition and timing of closing the San Luis acquisition. Such forward looking information or statements can be identified by the use of words such as 'anticipates', 'plans', 'suggests', 'targets' or 'prospects' or variations (including negative variations) of such words and phrases, or state that certain actions, events or results 'will' be taken, occur, or be achieved. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties, the actual results of current exploration activities, changes in project parameters as plans continue to be refined, accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental approvals or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.
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