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Silver Range Resources Ltd. (SLRRF) is a precious metals prospect generator operating in the Southwest United States and Northern Canada. The company has a portfolio of 42 properties, with 15 currently under option to partners and 4 converted to royalty interests. Recent achievements include exploring high-grade precious metal targets at Tonto del Pueblo in Nevada and acquiring the Shamrock Property in White Pine County. Through geological mapping and prospecting, Silver Range has identified significant gold, silver, and copper mineralization at these properties, showcasing its commitment to exploration and development.
Silver Range Resources Ltd. (TSXV:SNG) announced on April 14, 2023, acceptance from the TSX Venture Exchange to issue 148,770 shares to Paladin Geoscience Corp. This issuance is part of a "Shares for Services Agreement" for geological and consulting services, which will expire on March 31, 2024. Paladin, controlled by Silver Range's CEO Michael A. Power, can elect to receive up to $5,000 of its monthly fees in Silver Range shares at a deemed price reflecting the market value minus a discount. The shares were issued between $0.0613 and $0.0744, covering services from October 1 to November 30, 2022, and are subject to a hold period expiring on August 14, 2023. Silver Range is a precious metals prospect generator with 45 properties in Nevada and Northern Canada, actively seeking joint venture partners.
Silver Range Resources Ltd. (TSXV:SNG) announced a proposal to issue 148,770 shares to Paladin Geoscience Corp. for geological consulting services provided between October 1, 2022 and March 31, 2023. The share issuance, pending acceptance by the TSX Venture Exchange, is structured under a 'Shares for Services Agreement' with share prices ranging from $0.0613 to $0.0744, calculated monthly with a 50% discount. Silver Range operates a portfolio of 45 properties in Nevada and Northern Canada, actively seeking joint venture partners for its high-grade precious metals targets.
Silver Range Resources Ltd. (TSXV:SNG) has signed a Generative Alliance with Altius Minerals Corporation, where Altius subscribed for 3,333,333 shares for $500,000 and will receive a 1% net smelter return royalty on three Silver Range projects in the Southwest U.S. Additionally, the company closed a private placement, selling 768,333 units at $0.15 per unit, generating $115,250. Proceeds will be used for exploration in the region. The placement paid $315 in cash fees and issued 2,100 finder's warrants.
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