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Silver Viper Announces Extension of Non-Binding LOI with Canasil Resources

Silver Viper Announces Extension of Non-Binding LOI with Canasil Resources Canada NewsW...

articleSilver Viper Minerals Corp.December 21, 20225/company/silver-viper-minerals-corp/news/silver-viper-announces-extension-of-non-binding-loi-with-canasil-resources
Silver Viper Announces Extension of Non-Binding LOI with Canasil Resources

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[{"type":"text","content":"\n \n \n \n Silver Viper Announces Extension of Non-Binding LOI with Canasil Resources\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 21, 2022\n \n \n /CNW/ -\n \n Silver Viper Minerals Corp.\n \n (the \"\n \n Company\n \n \" or \"\n \n Silver Viper\n \n \") (TSXV: VIPR) (OTC: VIPRF) has entered into an agreement to amend the non-binding letter of intent dated\n \n November 6, 2022\n \n (the \"\n \n LOI\n \n \") with Canasil Resources Inc. (TSXV: CLZ) (\"\n \n Canasil\n \n \") with respect to the proposed acquisition (the \"\n \n Proposed Transaction\n \n \") by the Company of all of the issued and outstanding shares of Canasil in exchange for common shares of Silver Viper, pursuant to which the parties have extended the outside date to enter into a definitive agreement in respect of the Proposed Transaction from\n \n December 20, 2022\n \n until\n \n January 31, 2023\n \n .\n \n \n \n \n \n \n \n \n \n The other terms of the LOI, as announced by the Company on\n \n December 7, 2022\n \n , remain unchanged.\n \n \n \n About Silver Viper\n \n \n \n Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in the northwestern Mexican\n \n state of Sonora\n \n . The Company currently operates the La Virginia Gold-Silver Project. Silver Viper has 100% ownership of the La Virginia concessions acquired from the most recent operator, Pan American Silver Corp., and has an option to acquire a 100% interest in the Rubi-Esperanza group of claims internal to those concessions. Silver Viper is under management provided by the Belcarra Group, which is comprised of highly qualified mining professionals.\n \n \n \n ON BEHALF OF THE BOARD OF DIRECTORS OF SILVER VIPER,\n \n \n \n \n Steve Cope\n \n \n President and CEO\n \n \n \n Neither the TSX Venture Exchange nor its Regula...

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