Silver Valley Metals Announces $500,000 Unit Financing
Summary
The net proceeds of this private placement are earmarked for: Completing the phase 2 exploration campaign through to the end of the year at the Ranger-Page project; this includes completing the comprehensive geological model from four phases of geophysical surveys, numerous geochemical surveys including soil sampling, rock chip and trench sampling, LIDAR integration, and fieldwork structural interpretation. The expectation has been given from the Supreme Court of that they will provide an answer to the validity of the Companys deposit(s) considering the amendment to the mining law that was undertaken by the Government this past April. (see September 12, 2022 press release regarding new target areas that are being defined outside the known and expected areas of mineralization click here: https://tinyurl.com/h6cdbbbp ).And lastly, the 100% owned lithium and sulphate of potash deposits, the MexiCan project, is receiving little value in the market today but the Company remains hopeful for a positive resolution later this year which in turn will have a positive impact for all shareholders.Silver Valley Metals appreciates and thanks all shareholders for their support.To subscribe for the private placement please email:[email protected]Timothy Mosey, BSc, MSc, SME, is the qualified person for the company and qualified person as defined by National Instrument 43-101. The NI 43-101 inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes of lithium carbonate equivalent (LCE) and remains open in all directions for expansion. Our expertise in evaluating targets, consummating strategic and accretive outright sales, joint ventures, and /or acquisitions is the mandate for Silver Valley Metals Corp. We look to further de-risk potential projects via obtaining historical geological data that reflects untapped exploration potential that are in top tier mining jurisdictions preferably near producing mines.On behalf of the Board of Directors of Silver Valley Metals,THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation.