SILVER MOUNTAIN RESOURCES COMPLETES INITIAL PUBLIC OFFERING
Summary
The Offering was made through a syndicate of underwriters co-led by Eight Capital and Sprott Capital Partners LP (Sprott and together with Eight Capital, the Co-Lead Underwriters), and including Research Capital Corporation (collectively with the Co-Lead Underwriters, the Underwriters).The Common Shares will commence trading on the TSX Venture Exchange today under the symbol AGMR.No securities regulatory authority has either approved or disapproved of the contents of this news release. Accordingly, the Units may not be offered or sold within the United States or to U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Silver Mountain in any jurisdiction in which such offer, solicitation or sale would be unlawful.On Behalf of the Board of Directors of Silver Mountain Resources Inc.Silver Mountain Resources Inc. is a silver explorer and mine developer planning to re-commence production at the Reliquias underground mine and undertake exploration activities at its prospective silver camps at the Castrovirreyna Project in Huancavelica, Peru.Silver Mountains subsidiary Sociedad Minera Reliquias S.A.C. owns 100% of its concessions and holds more than 27,000 Ha. in the district of Castrovirreyna, in Huancavelica, Peru.