Wednesday, February 26, 2020 11:14:05 AM
3.1 History
Upon the Company’s incorporation on June 23, 2015, the Company was a wholly owned subsidiary of SilverCrest
Mines Inc. (“SilverCrest Mines”). The Company was established as part of an arrangement (the “Arrangement”)
completed under the BCBCA on October 1, 2015, pursuant to which First Majestic Silver Corp. (“First Majestic”)
acquired SilverCrest Mines after the Company was spun off from SilverCrest Mines to the former shareholders of
SilverCrest Mines.
The Arrangement resulted in the Company holding title to various exploration properties located
in Mexico that were formerly held by SilverCrest Mines. The common shares of the Company (the “Common
Shares”) commenced trading on the TSX Venture Exchange (“TSX-V”) at opening on October 9, 2015, under the
symbol “SIL”.
At the time of the Arrangement, the Company considered its Cruz de Mayo property (“Cruz de Mayo”) in Mexico to
be its material property. During 2016, the Company’s main focus has been its Las Chispas property (“Las Chispas”)
in Mexico.
The Company’s other exploration properties include the Huasabas, Guadalupe, Angel de Plata and
Estacion Llano properties, all located in Mexico.
In connection with the Arrangement, the Company had available working capital of approximately $5,250,000.
In
November 2015, the Company completed a non-brokered private placement of 16,665,143 units at a price of $0.15
per unit for gross proceeds of approximately $2.5 million. Each unit consisted of one common share of the Company
and one half of a common share purchase warrant of the Company, with each whole warrant being exercisable for
one common share of the Company at a price of $0.20 per share for a term of two years.
https://backend.otcmarkets.com/otcapi/company/financial-report/171266/content
Recent SILV News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/07/2024 09:01:45 PM
- SilverCrest Reports Second Quarter 2024 Financial Results • PR Newswire (US) • 08/07/2024 09:00:00 PM
- SilverCrest Reports Second Quarter 2024 Financial Results • PR Newswire (Canada) • 08/07/2024 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/16/2024 05:04:26 PM
- SilverCrest Releases 2023 ESG Report • PR Newswire (US) • 07/16/2024 11:00:00 AM
- SilverCrest Releases 2023 ESG Report • PR Newswire (Canada) • 07/16/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/11/2024 09:20:10 PM
- SilverCrest Provides Second Quarter Operational Results and Conference Call Details • PR Newswire (US) • 07/11/2024 09:00:00 PM
- SilverCrest Provides Second Quarter Operational Results and Conference Call Details • PR Newswire (Canada) • 07/11/2024 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/13/2024 11:18:55 AM
- SilverCrest Reports Results of 2024 AGM • PR Newswire (Canada) • 06/13/2024 11:00:00 AM
- SilverCrest Reports Results of 2024 AGM • PR Newswire (US) • 06/13/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/14/2024 09:11:00 PM
- SilverCrest Reports First Quarter 2024 Financial Results • PR Newswire (Canada) • 05/14/2024 08:59:00 PM
- SilverCrest Reports First Quarter 2024 Financial Results • PR Newswire (US) • 05/14/2024 08:59:00 PM
- US Futures Remain Steady Amid Wall Street Caution Ahead of April PPI Report • IH Market News • 05/14/2024 11:18:01 AM
- SilverCrest Provides First Quarter Operational Results and Conference Call Details • PR Newswire (US) • 04/17/2024 09:00:00 PM
- SilverCrest Provides First Quarter Operational Results and Conference Call Details • PR Newswire (Canada) • 04/17/2024 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/11/2024 11:03:15 AM
- SilverCrest Reports Fourth Quarter and 2023 Annual Financial Results • PR Newswire (US) • 03/11/2024 11:03:00 AM
- SilverCrest Reports Fourth Quarter and 2023 Annual Financial Results • PR Newswire (Canada) • 03/11/2024 11:03:00 AM
- Form 40-F - Registration statement [Section 12] or Annual Report [Section 13(a), 15(d)] • Edgar (US Regulatory) • 03/11/2024 11:02:14 AM
- U.S. Index Futures Dip Ahead of Inflation Data and Oracle’s Earnings; Oil Prices Edge Higher • IH Market News • 03/11/2024 10:39:47 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/11/2024 10:29:47 AM
- SilverCrest Announces Updated Annual Audited Financial Statement Filing Date and Conference Call • PR Newswire (Canada) • 03/07/2024 12:30:00 PM
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