September 25th, 2017
Silver Predator Corp. Appoints Patricia M. Tilton to Board of Directors
Toronto, Ontario, September 25, 2017: Silver Predator Corp. (TSX.V: SPD) (the “Company” or “Silver Predator”) is very pleased to announce that Ms. Patricia Tilton has joined the Board of Directors of the Company as a director and member of the Audit Committee.
Ms. Tilton is a Certified Public Accountant with strong professional experience in the financial industry, particularly in the insurance, mutual fund, and asset management industries. In addition to her financial expertise, she also has a strong background in operational, risk, regulatory and governance matters. Ms. Tilton is a retired KPMG LLP Partner with over 30 years of experience in public accounting, including auditing, consulting, and forensics. Ms. Tilton retired in 2009 as a Forensics Partner and served as a Retired Partner Consultant from 2009 until 2011. Ms. Tilton currently works as an independent consultant, including as an Accreditation Team Member of the National Association of Insurance Commissioners (NAIC). Ms. Tilton also serves on the Boards of Directors of Till Capital Ltd, CoffeeHouse Press, Inc. and Thrivent Federal Credit Union. She holds a B.S. in Accounting from Siena College.
The board of directors has approved a grant of incentive stock options to Ms. Tilton to purchase up to an aggregate of 100,000 common shares of the company. Options granted vest immediately and have a twoyear term with an exercise price of CDN $0.05.
Concurrent with the above appointment, Mr. William B. Harris has resigned as a director of the Company. The Board of Directors would like to express their appreciation to Mr. Harris for his significant contributions to the Company over several years and wish him the best on all future endeavors.
Silver Predator Corp.
Silver Predator is a precious metals exploration company with properties in the western US. The Company holds the Taylor sediment hosed silver-gold project in eastern Nevada, currently under an option to purchase agreement with Montego Resources (April 3, 2017 news release). The Taylor project hosts a current measured and indicated silver resource of 8.89 million short tons with an estimated 16.8 million ounces of silver at an average grade of 1.89 ounces per ton and an inferred resource of 1.72 million short tons with an estimated 3.9 million ounces of silver at 2.30 ounces per ton; a resource that is open to expansion, and is in a district that has identified the potential for discovery of additional silver and gold deposits. The Company also holds the Copper King project, located in the eastern portion of the famous Coeur d’ Alene Silver District near Mullan, Idaho. The exploration target combines high grade copper-silver (lead-zinc) vein style mineralization with bedded bulk tonnage style copper-silver (lead-zinc) mineralization, as typically found both locally and to the northwest in Montana at Hecla’s Spar Lake (Troy), Montanore and Rock Peak deposits. Similar vein targets are being mined 3 miles south of Copper King at Hecla’s Lucky Friday underground silver mine complex. The company also holds additional early stage exploration properties in Nevada.
Mr. Michael Maslowski, CPG, a Qualified Person as defined by National Instrument 43-101 and a consultant for the Company, has reviewed, verified and approved disclosure of the technical information contained in this news release
For additional information:
Nathan A. Tewalt
John T. Rickard
Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This press release contains forward-looking statements regarding future events, including the ability of the Company to successfully conclude the proposed sale of assets and to meet its future payment obligations. There are numerous risks and uncertainties that could cause actual results and Silver Predators’ plans and objectives to differ materially from those expressed in the forward-looking statements. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Silver Predator assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.