TSXV.AGMR
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TORONTO, June 28,
2022 /CNW/ - Silver Mountain Resources Inc.
("Silver Mountain" or the "Company") is pleased to
announce that Juan Carlos Ortiz has
been appointed as a director of the Company, effective
June 28, 2022.
Mr. Ortiz is a Peruvian mining engineer with over 25 years of
professional experience in the mining sector. Mr. Ortiz currently
serves as the Vice President of Operations at Compañia de Minas
Buenaventura, and he has served in various technical roles to
established mining companies such as Volcan Compañia Minera,
Compañia Minera Milpo, and Compañia Minera Atacocha. Mr. Ortiz
holds a master's degree in Mineral Engineering Management from
Penn State University.
The Company also announces that it has granted to Mr. Ortiz
660,000 options to acquire class A common shares of the Company
("Options"). The Options are exercisable at a price of
$0.50 per share for a period of four
years.
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.
Silver Mountain Resources Inc
82 Richmond Street East
Toronto, ON M5C 1P1
info@agmr.ca
647-262-4017
www.agmr.ca
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, the
factors set forth under "Statement Regarding Forward-Looking
Information" and "Risk Factors" in the Company's final
prospectus dated January 26, 2022 and
other disclosure documents 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.