VANCOUVER, BC, May 19, 2023
/CNW/ - Silver Viper Minerals Corp. (the "Company" or
"Silver Viper") (TSXV: VIPR) (OTC: VIPRF) announces that it
has granted an aggregate of 5,150,000 incentive stock options to
directors, officers, and consultants to purchase up to 5,150,000
common shares in the capital of Silver Viper. The incentive stock
options have an exercise price of $0.15 per share, expire five years from the date
of grant, and vest immediately. As a result of this option grant,
Silver Viper has 9,450,000 stock options outstanding, representing
6.1% of the issued and outstanding share capital of the
Company.
In addition, the Company wishes to clarify that its news release
dated April 20, 2023, where it
announced the closing of the final tranche of a private placement
of units, should have said that the Company issued 19,222,000 units
pursuant to the final tranche, not 19,222,200 units. Please see the
press release dated April 20, 2023,
for additional details with respect to the private placement.
About the Company
Silver Viper Minerals Corp. is a Canadian-based junior mineral
exploration company focused on precious metals exploration in the
northwestern Mexican state of
Sonora. The Company currently operates the La Virginia
Gold-Silver Project. Silver Viper has 100% ownership of the La
Virginia concessions acquired from the most recent operator, Pan
American Silver Corp., and has an option to acquire a 100% interest
in the Rubi-Esperanza group of claims internal to those
concessions. Silver Viper is under management provided by the
Belcarra Group, which is comprised of highly qualified mining
professionals.
ON BEHALF OF THE BOARD OF DIRECTORS,
Steve Cope
President and CEO
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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SOURCE Silver Viper Minerals Corp.
