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Silver Viper Completes Acquisition, Secures 100% Ownership of La Virginia Project
Silver Viper Completes Acquisition, Secures 100% Ownership of La Virginia Project Canad...
About this update from Silver Viper Minerals Corp.
[{"type":"text","content":"\n \n \n \n Silver Viper Completes Acquisition, Secures 100% Ownership of La Virginia Project\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 22, 2024\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) announces that further to its press release\n \n April 6, 2023\n \n and\n \n October 20, 2023\n \n , it has completed the terms of the amended Rubi-Esperanza Option Agreement (the \"\n \n Agreement\n \n \") with respect to its right to purchase 100% ownership of three mineral concessions covering 2,102 hectares at the La Virginia Gold-Silver Project (\"\n \n La Virginia\n \n \" or the \"\n \n La Virginia Project\n \n \"), located in the Sierra Madre of eastern Sonora State,\n \n Mexico\n \n .\n \n \n \n \n \n \n \n \n \n \"\n \n Silver Viper is thrilled to announce that we now fully own the entire La Virginia Project,\n \n \" said\n \n Steve Cope\n \n , CEO of Silver Viper Minerals Corp. \"\n \n Completing the terms of the Rubi-Esperanza Option Agreement and acquiring 100% ownership of these key mineral concessions marks a significant milestone for our company. This achievement not only enhances our position in\n \n Mexico\n \n , but also strengthens our commitment to advancing the La Virginia Gold-Silver Project. We are excited about the potential this project holds and look forward to the next phase of exploration and development\n \n .\"\n \n \n The Company made the final payment of\n \n US$775,000\n \n (or\n \n C$1,042,142.50\n \n , based on a fixed exchange rate of US$-C$ of 1.3447 set out in the amendment) of Shares issuable by the Company to satisfy the final payment under the Agreement in\n \n June 2024\n \n . Per the Amendment, the Company must issue no more than 10,969,921 at a deemed price per share of\n \n C$0.095\n \n . The Company confirms it issued the vendors an aggregate of 10,969,921 Shares on\n \n June 27, 2024\n \n . The Company also made the final cash payment of\n \n US$200,000\...