Business
Canadian Silver Hunter Completes Sale of Lost Dog Property
Toronto, Ontario--(Newsfile Corp. - January 24, 2024) - Canadian Silver Hunter Inc. (TSXV: AGH.H)...
About this update from Canadian Silver Hunter Inc.
[{"type":"text","content":"Canadian Silver Hunter Completes Sale of Lost Dog PropertyToronto, Ontario--(Newsfile Corp. - January 24, 2024) - Canadian Silver Hunter Inc. (TSXV: AGH.H) (\"CSH\") is pleased to announce that it has completed the sale of its Lost Dog property (the \"Property\") to 15083974 Canada Inc. (\"CAN\") pursuant to a purchase and sale agreement (the \"Agreement\") as previously announced on August 15th 2023. The Property is comprised of 45 contiguous mining claims totaling approximately 900 hectares, located in Denton Township, West Timmins Ontario.Terms of the SalePursuant to the Agreement, in consideration for the transfer of a 100% registered and beneficial interest in the Property from CSH to CAN, CAN made a cash payment to CSH of $165,000. CSH retains a 1% royalty on net smelter returns payable from future commercial production from the Property. Additionally, CAN has granted a 2% royalty to Timothy Towers, a director of CSH, on net smelter returns payable from future commercial production from the Property. The sale remains subject to the final approval of TSX Venture Exchange.About Canadian Silver Hunter, Inc.Canadian Silver Hunter Inc. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold, silver, cobalt, nickel and copper properties in Canada. For more information, please contact:Jeffrey Hunter, President & Chief Executive OfficerTelephone: (416) 707-4230 [email protected] www.canadiansilverhunter.caReader AdvisoryThis news release contains statements that constitute \"forward-looking information,\" including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words \"may,\" \"would,\" \"could,\" \"will,\" \"intend,\" \"plan,\" \"anticipate,\" \"believe,\" \"estimate,\" \"expect,\" \"must,\" \"next,\" \"propose,\" \"new,\" \"potential,\" \"prospective,\" \"target,\" \"future,\" \"verge,\" \"favourable,\" \"implications,\" and \"ongoing,\" and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Without limiting the generality of the foregoing statements, any discussion of the potential of exploration targets is forward-looking information. Investors are cautione...