NEWS RELEASE

TSXV:SPD

April 26, 2022

NR 22-02www.silverpredator.com

Silver Predator Corp. Announces Extension to Private Placement to Fund Copper King Exploration

Vancouver British Columbia, April 26, 2022: Silver Predator Corp. (TSXV: SPD) (the "Company" or "Silver Predator") announces that the deadline for closing the Cdn$2 million private placement which the Company announced in its news release of March 22, 2022 has been extended to May 26, 2022. The placement is intended to secure funding for the exploration of the Company's Copper King project in Idaho and to repay its $250,000 promissory note from Till Capital. After the first tranche closing of 1,165,255 units which took place on March 22, 2022, there remain 17,016,563 units priced at Cdn$0.11 per unit available for purchase in the placement, each unit consisting of one common share plus one share purchase warrant exercisable for two years to acquire an additional common share (a "Warrant Share") at a price of Cdn$0.165 per Warrant Share. Any shares, warrants and Warrant Shares issuable under the private placement will be subject to a four month hold period from the date of closing.

Silver Predator Corp.

Silver Predator is a mining exploration company with properties in the western United States. The Company owns the Copper King project, located in the eastern portion of the famous Coeur d' Alene Silver District near Mullan, ID, the Taylor silver project near Ely, NV, and the Cordero and Cornucopia properties in Nevada.

For additional information:

Nathan A. Tewalt Chairman or

John T. Rickard

Chief Executive Officer 208-635-5415info@silverpredator.comwww@silverpredator.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Silver Predator Corp. published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 22:14:05 UTC.