Silver Viper LOI with Canasil Resources expires
2023-02-01 10:18 ET - News Release
See News Release (C-VIPR) Silver Viper Minerals Corp
Mr. Steve Cope of Silver Viper reports
SILVER VIPER ANNOUNCES EXPIRY OF NON-BINDING LOI
Silver Viper Minerals Corp.'s previously announced non-binding letter of intent (LOI) dated Nov. 6, 2022, as amended Dec. 20, 2022, with Canasil Resources Inc. has expired in accordance with its terms.
While the company and Canasil are not proceeding with the transactions contemplated by the LOI following its expiry, the parties may still explore alternative strategic transactions in the future.
For more information on the LOI, please see the company's news releases dated Nov. 7, 2022, and Dec. 21, 2022.
About Silver Viper Minerals Corp.
Silver Viper Minerals is a Canadian-based junior mineral exploration company focused on precious metals exploration in the northwestern Mexican state of Sonora. The company currently operates the La Virginia gold-silver project. Silver Viper has 100-per-cent ownership of the La Virginia concessions acquired from the most recent operator, Pan American Silver Corp., and has an option to acquire a 100-per-cent interest in the Rubi-Esperanza group of claims internal to those concessions. Silver Viper is under management provided by the Belcarra Group, which comprises highly qualified mining professionals.