Pursuant to the Debt Settlement, Silver X would issue up to 4,424,233 Shares at a deemed price of
Baker Steel, who holds a promissory note in the principal amount of
All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.
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Email: j.garcia@silverx-mining.com
Cautionary Statement Regarding 'Forward-Looking' Information
Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as 'expects', 'intends', 'is expected', 'potential', 'suggests' or variations of such words or phrases, or statements that certain actions, events or results 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
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