Business
Golden Tag Proposes Name Change to Silver Storm Mining and Initiates 2023 Brand Awareness Program
Toronto, Ontario--(Newsfile Corp. - September 13, 2023) - Golden Tag Resources Ltd. (TSXV: GOG) (...
About this update from Silver Storm Mining Ltd.
[{"type":"text","content":"Golden Tag Proposes Name Change to Silver Storm Mining and Initiates 2023 Brand Awareness ProgramToronto, Ontario--(Newsfile Corp. - September 13, 2023) - Golden Tag Resources Ltd. (TSXV: GOG) (OTCQB: GTAGF) (FSE: GTD) (\"Golden Tag\" or the \"Company\") is pleased to announce that, subject to the receipt of all required regulatory and shareholder approvals, it intends to change the company name from \"Golden Tag Resources Ltd.\" to \"Silver Storm Mining Inc.\".Greg McKenzie, President & CEO of Golden Tag said \"We are initiating the name change to better reflect the Company's strategic goal to become a Latin American focused silver producer. The Company's recently completed acquisition of the La Parrilla Silver Mine Complex (\"La Parrilla\") located in Durango, Mexico, is the first step in this process. With the potential of La Parrilla, management sees great opportunities to build shareholder value driven by a highly focused silver company successfully branded and marketed as 'Silver Storm'.\"The proposed name change is subject to regulatory approval, including that of the TSX Venture Exchange, and receipt of shareholders' approval at the Annual General and Special Meeting of shareholders to be held on October 30, 2023. Further details regarding the name change will be announced prior to the effective date. Additionally, the Company has initiated a program for 2023 to increase investor awareness and improve trading liquidity of the Company's shares on the TSXV, the OTCQB, and the Frankfurt Stock Exchange.Greg McKenzie, President & CEO of Golden Tag further commented \"We are pursuing additional efforts to increase our messaging and brand awareness across a number of platforms following on from the acquisition of La Parrilla. This program, we believe, will help investors understand the significant value proposition of owning shares in Golden Tag. The La Parrilla Complex has a long history of production and hosts significant in-place infrastructure including a 2,000 tpd processing facility. Our upcoming drill campaign to infill and step-out in proximity to existing development is intended to show the strong resource upside at the mine. We look forward to meeting with our investor base over the coming months.\"The program will have an estimated cost of approximately Cdn$400,000 consisting of the following:ProviderServices...