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29.76% to $2.18!!
27.98% to $2.15!!!
Up 26.19% to $2.12 !!!
Up 20% to $2.02 BOOM !!!
Eric did invest awhile ago and he just recently threw another $15Mill in ! Also the financing that just went through was at $1.35 each, so they must be pretty confident in the future of this company.
I’ve been in on the Canadian Side and I can say this is a good day! Holding here for much longer !
Up 28.8% to $1.70 WOW!!! Cha-chinnng
Up 26.52% to $1.67 !!!! This is unstoppable
Up 24% to $1.64 !!!
Up over 20% to $1.59!!! This is flying
Up 18.94% to $1.57 !!!
Up 18.2% to $1.56. !!!!!
Up 17.34% to $1.55. BOOM!!
Anyone who is shorting the 2.1M shares should get the hell out! This is a 20 Bagger or more
Up 16.67% to $1.54 today!!! Thanks to the $35M financing and Eric Sprott’s $15M investment !!!
Up 40% today to $0.40 !! Boom. And no new news either
Nice to see it hanging around the $0.60 mark !
Silver One Increases Financing to $9.5 Million
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2020) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One") is pleased to announce due to an oversubscription that it has increased its previously announced private placement financing from 20,000,000 units ("Units") to 21,111,111 Units at a price of $0.45 per Unit for gross proceeds of $9.5 million (the "Offering").
Each Unit will continue to be comprised of one common share and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at $0.65 per share for a period of three (3) years from the date of issue.
All securities issued in connection with the Offering will be subject to a four-month statutory hold period. The Company may pay a finder's fee may in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange.
Proceeds of the financing will be used for ongoing exploration and drilling activities at the Candelaria Silver Project, additional exploration activities to further define the high-grade silver-gold-copper vein systems at the Company's Cherokee Project and to explore for very high-grade targets at the recently acquired Phoenix Silver project. It will also be used for potential silver focused acquisitions and for working capital purposes.
Completion of the private placement remains subject to the approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation or sale would be unlawful, including the United States of America. The securities being offered as part of the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to available exemptions therefrom.
About Silver One
Silver One is focused on the exploration and development of quality silver projects.
The Company holds an option to acquire a 100%-interest in its flagship project, the past-producing Candelaria Silver Mine, Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria is being investigated. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and the possibility of increasing the substantive silver mineralization along-strike from the two past-producing open pits.
The Company has staked 636 lode claims and entered into a Lease/Purchase Agreement to acquire five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems traced to date for over 12 km along-strike. The property also has potential for limestone related polymetallic plus silver and gold and/or other intrusive related systems at depth.
Silver One holds an option to acquire a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt", immediately adjacent to the prolific copper producing area of Globe, Arizona.
In addition, the Company also holds a 100% interest in three significant silver assets located in Mexico - Peñasco Quemado, Sonora; La Frazada, Nayarit; and Pluton, Durango.
For more information, please contact:
Silver One Resources Inc.
Gary Lindsey
Phone: (720) 273-6224
Email: gary@strata-star.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Silver One's control. Such factors include, among other things: risks and uncertainties relating to Silver One's limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on its mineral properties, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITYFOR THE ADEQUACY OR ACCURACYOF THIS RELEASE.
NOT FOR DISTRIBUTION IN THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.
Definitely not too late for the long run. I’m going to be here until almost spring of 2021. For the short term people yeah it’s a bit late because there might be some significant pull back.
Just jumped in today @ $0.51
Just jumped in today @ $0.77
Just jumped in today @ $18.77
Just jumped in today @ $1.34
Just jumped in today @ $0.30
Just jumped in today @ $0.30
Sold for now. Still made 144% profit so I’m happy. When this calms down a bit I’ll jump back in! Gltu all
Now they are saying they have a 94% immune response in their tests so far. The way I look at it, is that it’s 94% better than anything else in the world right now. Doesn’t have to be perfect for the world to use it!
Oh you lost that much. That sucks. I’m up still with $9.46 average
Doubled my position. If it drops tomorrow I’ll add another 50%
Bigboard - You do realize no matter how many times you talk down this stock and advertise other stocks, that it’s not going to do s$&t from this website. The MM’s control Inovio right now. Definitely not you lmao
Buys are beating the sells now! See where this goes now.
Indeed!
With this drop I’m expecting on adding thurs or Friday. The run up should be soon
Alright just created this board! Also just got a position @ $0.45 and the price is currently @ $0.445
Looks like it is at the bottom of the gradual uptrend and $ATE is on Phase 3 of drug that’s had positive results. Let’s see what happens !
Back in @ $1.66
Time to sit on this for another 2 months (:
Well I initially bought in @ $0.88 and sold today @ $1.97 So 124% profit . I will buy in again if it dips again though.
$2.17 !!
Up to $2.12 or approx 55% BOOM!!!
Also in their last news release they said they have paid off approx $300M in the last 2 years. So if they are doing 40% better now than average and keep this up, they could very well pay off the entire $507M in 2-3 years. Everything is just looking more positive now all around so I’m going to continue and hold.
Yes they have 507M of debt which doesn’t mature until the end of 2023 or later, so for now we got a good 2 years to see what happens and how they deal with the debt.