Business
Silver Valley Metals : Announces Effective Date of Capital Consolidation
Silver Valley Metals : Announces Effective Date of Capital
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n Vancouver, British Columbia - July 3, 2025 - Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) (\"Silver Valley\" or the \"Company\"), announces that effective Monday July 7, 2025 the common shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis of one (1) post-consolidated share for every three (3) pre-consolidated shares (the \"Consolidation\").\n \n \n As stated in the Company's June 27, 2025 news release, the board of directors believes that the Consolidation is necessary to better position the Company for future corporate development opportunities and financing transactions. There will be no name change in conjunction with the Consolidation.\n \n \n The Company currently has 57,872,306 common shares issued and outstanding. Following the Consolidation the Company will have approximately 19,290,767 common shares issued and outstanding, and will continue to trade under the existing stock symbol \"SILV.V\".\n \n \n The exercise or conversion price and the number of common shares issuable under any of the Company's outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in accordance with their respective terms thereof. No fractional common shares will be issued pursuant to the Consolidation, and any fractional common shares that would otherwise be issued will be rounded down or up to the nearest whole number.\n About: Silver Valley Metals:\n Silver Valley Metals Corp. is a Canadian exploration company comprised of a group of experienced exploration, mining, and financing specialists focused on the pursuit of mineral discovery and development. We are focused on the advancement of strategic and precious mineral properties including Lithium-Potash in Mexico and and an ownership stake in the Ranger-Page silver-zinc-lead project in the Silver Valley of Idaho through equity ownership in Silver Dollar Resources and residual net smelter returns at the project. \n \n \n Link to Website: https://http://www.silvervalleymetals.com\n About: Mexi-Can Lithium / Potassium (sulphate of potash) Project:\n Silver Valley Metals Corp. owns a 100% interest in a lithium and potassium bearing salar complex comprising 4,056 hectares on three mineral concessions (\"the Mexico-Canada Project\" or \"Mexi-Can Project\") located on the Central Mexican Plateau in th...