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Warrants Alert

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Address: 501 - 570 Granville St
Vancouver B.C. Canada V6C 3P1
Phone: 604 694 1730
Fax: 604 694 1761
Web Site:
Warrant Symbol - SIL.WT
Number  Trading - 2,275,000
Expiration Date - December 6, 2018
Cusip - 828363 11 9
Exercise Price - $3.00

Warrants called to trade news:

Silvercrest underwriters exercise $1.5M greenshoe

2016-12-14 08:13 MT - News Release

In connection with Silvercrest Metals Inc.'s completed offering of 4.55 million units of the company at a price of $2.20 per unit for gross proceeds of $10.01-million on Dec. 6, 2016, the overallotment option granted to National Bank Financial Inc., PI Financial Corp. and Canaccord Genuity Corp., as underwriters, to purchase up to an additional 682,500 units at the issue price was exercised in full for additional aggregate gross proceeds of $1,501,500.

The sale of the additional units pursuant to the overallotment option brings the aggregate gross proceeds to Silvercrest (including the overallotment option) to $11,511,500.

Each unit consists of one common share of Silvercrest and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one common share of Silvercrest at an exercise price of $3 until Dec. 6, 2018. The warrants were posted for trading on the TSX Venture Exchange on Dec. 9, 2016, under the trading symbol SIL.WT.

Silvercrest Metals prospectus approved, warrant listing

2016-12-08 15:16 MT - Prospectus Approved

New listing -- warrants

Effective at the opening on Friday, Dec. 9, 2016, the common share purchase warrants of the company will commence trading on the TSX-V. The company is classified as a Tier 2 mining company.

Capitalization on Warrants: unlimited warrants with no par value, of which 2,275,000 warrants are issued and outstanding
Warrant trading symbol: SIL.WT
Warrant Cusip No.: 828363 11 9

The warrants were issued to subscribers of the offering. Each warrant entitles the holder to purchase one common share of the company at a price of $3.00 per share and will expire two years following closing of the offering on Dec. 6, 2018.

© 2017 Canjex Publishing Ltd. All rights reserved.

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