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Silver Scott Mines Extends Warrant Expiration Date

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Silver Scott Mines (OTC PINK:SILS) announced that its Board of Directors has unanimously approved extending the expiration date of outstanding warrants until January 31, 2025. The company, which operates across healthcare, consumer products, clean technology, and digital technology sectors, made this decision to support shareholders while engaging in multiple potential transactions. CEO Stuart Fine indicated they expect to conclude at least one transaction before the new warrant expiration date, though specific timing remains uncertain.

Silver Scott Mines (OTC PINK:SILS) ha annunciato che il suo Consiglio di Amministrazione ha approvato all'unanimità l'estensione della data di scadenza delle warrant in circolazione fino al 31 gennaio 2025. L'azienda, che opera nei settori della sanità, dei prodotti di consumo, della tecnologia pulita e della tecnologia digitale, ha preso questa decisione per supportare gli azionisti mentre è coinvolta in molteplici potenziali operazioni. Il CEO Stuart Fine ha indicato che si aspettano di concludere almeno un'operazione prima della nuova data di scadenza delle warrant, sebbene il tempismo specifico rimanga incerto.

Silver Scott Mines (OTC PINK:SILS) anunció que su Junta Directiva ha aprobado por unanimidad extender la fecha de vencimiento de las opciones en circulación hasta el 31 de enero de 2025. La empresa, que opera en los sectores de salud, productos de consumo, tecnología limpia y tecnología digital, tomó esta decisión para apoyar a los accionistas mientras participa en múltiples transacciones potenciales. El CEO Stuart Fine indicó que esperan concluir al menos una transacción antes de la nueva fecha de vencimiento de las opciones, aunque el tiempo específico sigue siendo incierto.

실버 스콧 마인스 (OTC PINK:SILS)는 이사회의 총회에서 모든 발행된 워런트의 만료일을 2025년 1월 31일로 연장하기로 만장일치로 승인했다고 발표했습니다. 의료, 소비재, 청정 기술 및 디지털 기술 분야에서 운영되는 이 회사는 여러 잠재적 거래에 참여하는 동안 주주를 지원하기 위해 이 결정을 내렸습니다. CEO 스튜어트 파인은 새로운 워런트 만료일 이전에 최소 한 건의 거래를 마무리할 것으로 예상하지만, 구체적인 타이밍은 여전히 불확실하다고 언급했습니다.

Silver Scott Mines (OTC PINK:SILS) a annoncé que son Conseil d'Administration a approuvé à l'unanimité l'extension de la date d'expiration des bons en circulation jusqu'au 31 janvier 2025. L'entreprise, qui opère dans les secteurs de la santé, des produits de consommation, des technologies propres et des technologies numériques, a pris cette décision pour soutenir les actionnaires tout en s'engageant dans plusieurs transactions potentielles. Le PDG Stuart Fine a indiqué qu'ils s'attendent à conclure au moins une transaction avant la nouvelle date d'expiration des bons, bien que le calendrier précis reste incertain.

Silver Scott Mines (OTC PINK:SILS) gab bekannt, dass der Vorstand einstimmig beschlossen hat, das Ablaufdatum der ausstehenden Warrants bis zum 31. Januar 2025 zu verlängern. Das Unternehmen, das in den Bereichen Gesundheitswesen, Konsumgüter, saubere Technologie und digitale Technologie tätig ist, traf diese Entscheidung, um die Aktionäre zu unterstützen und sich an mehreren potenziellen Transaktionen zu beteiligen. CEO Stuart Fine erklärte, dass sie erwarten, mindestens eine Transaktion vor dem neuen Ablaufdatum der Warrants abzuschließen, obwohl der genaue Zeitpunkt ungewiss bleibt.

Positive
  • Company is actively negotiating multiple potential transactions
  • Board unanimously approved warrant extension, providing shareholders additional time to exercise
Negative
  • Uncertainty in transaction completion timing
  • Need for warrant extension might indicate delays in closing deals

Company is in Active Negotiations with Several Businesses

FRANKLIN, NJ / ACCESSWIRE / December 17, 2024 / Silver Scott Mines, Inc. (OTC PINK:SILS) a holding company with four divisions focused on healthcare, consumer products, clean technology and digital technology today announced that its Board of Directors has unanimously approved extending the expiration date of outstanding warrants until January 31, 2025.

Stuart Fine, CEO of Silver Scott Mines Inc. commented, "The Board of Directors decided that it was important to extend the expiration of our outstanding warrants as part of our commitment to our shareholders who are supporting our efforts. We have been actively engaged in numerous potential transactions that potentially will add significant value to Silver Scott Mines. As with any transaction, the timetable for completion is hard to predict, but we believe that we will be able to conclude at least one before the new, extended warrant expiration date."

About Silver Scott Mines, Inc.

Silver Scott Mines, Inc. is a holding company with several digital assets currently being held. The company is adding healthcare technology, consumer products, and clean technology to its growing base of operations. More information can be found at www.silverscottmines.com

Forward Looking Statements

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.

Contact Information

Stuart Fine
CEO
stuartfine@silverscottmines.com
908-356-9852

SOURCE: Silver Scott Mines, Inc.



View the original press release on accesswire.com

FAQ

When is the new expiration date for Silver Scott Mines (SILS) warrants?

Silver Scott Mines has extended its warrant expiration date to January 31, 2025.

Why did Silver Scott Mines (SILS) extend their warrant expiration date?

The company extended the warrant expiration date to support shareholders while they work to complete potential transactions that could add significant value to the company.

What business sectors does Silver Scott Mines (SILS) operate in?

Silver Scott Mines operates in four divisions: healthcare, consumer products, clean technology, and digital technology.

How many transactions does Silver Scott Mines (SILS) expect to complete by January 2025?

According to CEO Stuart Fine, the company expects to conclude at least one transaction before the new warrant expiration date of January 31, 2025.

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