Red Cloud Initiates Coverage on Silver X Mining

Rhea-AI Summary

Silver X Mining Corp. (OTCQB: WRPSF) announced that Red Cloud Securities Inc. has initiated analyst coverage on the company. This new coverage aims to enhance visibility and provide insights into Silver X’s business prospects. The flagship asset, the Nueva Recuperada silver lead zinc project in Peru, remains a focal point for growth. The company, which operates in Peru and Ecuador, is led by a team with a proven record of increasing shareholder value. More details can be found in the full report linked in the press release.

Positive

• Analyst coverage initiated by Red Cloud Securities can boost market visibility.
• The company's flagship asset, Nueva Recuperada, offers strong growth potential.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / December 7, 2021 / SILVER X MINING CORP. (TSX-V:AGX) (OTCQB:WRPSF) ("Silver X" or the "Company") is pleased to announce that Red Cloud Securities Inc. ("Red Cloud") has initiated analyst coverage on Silver X Mining.

The initiating coverage report can be found at the following link: https://www.redcloudfs.com/silver-x-mining-corp-new-silver-producing-emerging-from-the-andes/

Red Cloud Securities Inc. is a registered Investment Dealer in all Canadian Provinces and Territories and is a member of the Investment Industry Organization of Canada (IIROC).

About Silver X Mining

Silver X Mining is a Canadian silver mining company with assets in Peru and Ecuador. The Company's flagship asset is the Nueva Recuperada silver lead zinc project located in Huancavelica, Peru. Founders and management have a successful track record of increasing shareholder value. For more information visit our website at www.silverx-mining.com.

ON BEHALF OF THE BOARD

José M García
CEO and Director

For further information, please contact:
Silver X Mining Corp.
+ 1 604 358 1382 | j.garcia@silverx-mining.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding "Forward-Looking" Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information in this press release may include, without limitation, expected financial performance of the Company.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE: Silver X Mining Corp.

View source version on accesswire.com:
https://www.accesswire.com/676320/Red-Cloud-Initiates-Coverage-on-Silver-X-Mining

FAQ

What is the significance of Red Cloud Securities initiating coverage on Silver X Mining (WRPSF)?

The initiation of coverage by Red Cloud Securities is significant as it can enhance the market visibility of Silver X Mining and provide investors with valuable insights into the company's business prospects.

Where is Silver X Mining's flagship asset located?

Silver X Mining's flagship asset, the Nueva Recuperada project, is located in Huancavelica, Peru.

What type of projects does Silver X Mining focus on?

Silver X Mining focuses on silver lead zinc mining projects, particularly in Peru and Ecuador.

Who is leading Silver X Mining?

Silver X Mining is led by a management team with a successful track record of increasing shareholder value.