June 7th, 2017
Silver Predator Corp. Appoints Scott McLeod to Board of Directors
Toronto, Ontario, June 7, 2017: Silver Predator Corp. (TSX.V: SPD) (the “Company” or “Silver Predator”) is pleased to announce that Mr. Scott McLeod has joined the Board of Directors of the Company as an independent director and member of the Audit Committee.
Mr. McLeod has over 20 years of experience in finance and business management. He has held executive positions at Merrill Lynch in the CICG Technology finance department and worked on decimalization of the stock market prices, creation of the Euro, and the Y2K technology financial issues. In 2005 Mr. McLeod cofounded Nevada McLeod Group (NMG) a privately held investment firm in Reno, Nevada. As president of NMG he oversees trading, accounting, research and client retention. For the past 10 years Mr. McLeod has also been a guest lecturer to the Finance 430 investment class at the University of Nevada-Reno. Mr. McLeod holds a BS in Business with an emphasis in Finance from the Marshall School of Business at the University of Southern California.
Concurrent with the above appointment, Mr. Tom Chadwick has resigned from the board but will remain with the Company as Vice President of Exploration. The Company would like to thank Mr. Chadwick for his significant contribution and continued support.
The board of directors has approved a grant of incentive stock options to Mr. McLeod to purchase up to an aggregate of 100,000 common shares of the company. Options granted vest immediately and have a two year term with an exercise price of CDN $0.05.
Silver Predator Corp.
Silver Predator is a mining exploration company, with properties in the western US. In addition to the Taylor Silver Project, which is under option to Montego Resources, Inc., the Company 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.