/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES OR DISSEMINATION IN OR INTO THE
UNITED STATES/
TORONTO, June 16,
2022 /CNW/ - Silver Mountain Resources Inc. (TSXV:
AGMR) (OTCQB: AGMRF) ("Silver Mountain" or the
"Company") is pleased to announce that it has commenced
trading on the OTCQB® Venture Market under the symbol "AGMRF". U.S.
investors can find current financial disclosure and Real-Time Level
2 quotes for the Company on www.otcmarkets.com. Silver Mountain's
common shares will continue to trade on the TSX Venture Exchange
under the symbol "AGMR".
OTCQB is operated by OTC Markets Group Inc. (OTCQB: OTCM), an
operator of regulated markets for trading 12,000 U.S. and
international securities. Trading on the OTCQB Market offers
companies efficient, cost-effective access to the U.S. capital
markets. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQB, companies must meet high financial
standards, follow best practice corporate governance, and
demonstrate compliance with applicable securities laws.
The Company is awaiting approval of its application for DTC
eligibility. Nauth LPC acted as the Company's OTCQB sponsor.
About Silver Mountain
Silver Mountain Resources Inc. is a silver explorer and mine
developer planning to re-commence production at the Reliquias
underground mine and undertake exploration activities at its
prospective silver camps at the Castrovirreyna Project in
Huancavelica, Peru.
Silver Mountain's subsidiary Sociedad Minera Reliquias S.A.C.
owns 100% of its concessions and holds more than 27,000 Ha. in
the district of Castrovirreyna, in Huancavelica, Peru.
About OTC Markets Group
Inc.
OTC Markets Group Inc. (OTCQB: OTCM) operates regulated markets
for trading 12,000 U.S. and international securities. Our
data-driven disclosure standards form the foundation of our three
public markets: OTCQX® Best Market, OTCQB®
Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs)
provide critical market infrastructure that broker-dealers rely on
to facilitate trading. Our innovative model offers companies
more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
Subscribe to the OTC Markets RSS Feed
Forward Looking
Statements
This news release contains forward-looking statements and
forward-looking information within the meaning of Canadian
securities legislation (collectively, "forward-looking
statements") that relate to Silver Mountain's current
expectations and views of future events. Any statements that
express, or involve discussions as to, expectations, beliefs,
plans, objectives, assumptions or future events or performance
(often, but not always, through the use of words or phrases such as
"will likely result", "are expected to", "expects", "will
continue", "is anticipated", "anticipates", "believes",
"estimated", "intends", "plans", "forecast", "projection",
"strategy", "objective" and "outlook") are not historical facts and
may be forward-looking statements and may involve estimates,
assumptions and uncertainties which could cause actual results or
outcomes to differ materially from those expressed in such
forward-looking statements. No assurance can be given that these
expectations will prove to be correct and such forward-looking
statements included in this news release should not be unduly
relied upon. These statements speak only as of the date of this
news release.
Forward-looking statements are based on a number of assumptions
and are subject to a number of risks and uncertainties, many of
which are beyond Silver Mountain's control, which could cause
actual results and events to differ materially from those that are
disclosed in or implied by such forward-looking statements. Such
risks and uncertainties include, but are not limited to, failure to
list the Warrants on the TSXV, the impact and progression of the
COVID-19 pandemic, and other factors set forth under "Statement
Regarding Forward-Looking Information" and "Risk
Factors" in the Company's final prospectus dated January 26, 2022 available on the Company's
profile at www.sedar.com. Silver Mountain undertakes no obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
may be required by law. New factors emerge from time to time, and
it is not possible for Silver Mountain to predict all of them, or
assess the impact of each such factor or the extent to which any
factor, or combination of factors, may cause results to differ
materially from those contained in any forward-looking statement.
Any forward-looking statements contained in this news release are
expressly qualified in their entirety by this cautionary
statement.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this news release.
SOURCE Silver Mountain Resources Inc.