Vancouver, British Columbia--(Newsfile Corp. - February 17, 2022) - Silverton Metals Corp. (TSXV: SVTN) (OTCQB: SVTNF) ("Silverton" or the "Company") announces that it has entered into an investor relations agreement dated February 17, 2022 with Stellium Services Ltd. ("Stellium") whereby Stellium will provide Silverton with social media management services and organize digital advertising content for Silverton.
In consideration of the services, Silverton has agreed to pay Stellium GBP 1,750 per month. The term of the engagement is for a period of 6 months (the "Initial Term"). After the Initial Term, either party may terminate the engagement by providing 60 days written notice to the other party.
Stellium is based in London, UK and its principal is Andrew Wilson. Mr. Wilson previously worked as a specialist salesperson and Equity Capital Markets professional for Peel Hunt (the UK mid cap broking firm), the Canadian Imperial Bank of Commerce and he also ran Haywood Securities' office in London. Neither Stellium nor its principals own any securities of Silverton.
On behalf of the Board
John Theobald
President, CEO & Director
Silverton Metals Corp
About Silverton Metals Corp
Silverton Metals Corp is a Canadian company focused on the exploration and development of quality silver projects. The Company holds a 100% interest in three significant silver assets in Mexico - Pluton, in Durango, Peñasco Quemado in Sonora and La Frazada in Nayarit. Silverton management and board have extensive experience identifying and evaluating acquisition targets and exploration prospects. The Company intends to build a strong portfolio of silver and gold-silver projects to drive future growth by exploration success and from later stage projects with production potential. To achieve this growth the Silverton business plan calls for a dynamic combination of development of its existing properties, acquisitions, and partnerships.
For further information please contact:
Silverton Metals Corp.
W. Barry Girling, VP Corporate Development and Director
(604) 683-0911
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Silverton cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Silverton's control. Such factors include, among other things: risks and uncertainties relating to Silverton's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silverton undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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