Dark Streaming/Mobile Old Site Home Products Help Contact Us Your Account System Status
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
07:39:10 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Silver Bullet Mines Corp
Symbol SBMI
Shares Issued 66,697,522
Close 2023-07-21 C$ 0.15
Market Cap C$ 10,004,628
Recent Sedar Documents

Silver Bullet suspends Arizona work amid heat warnings

2023-07-24 12:59 ET - News Release

Subject: No Subject! Word Document File: '\\swfile\EmailIn\20230724 094413 Attachment 07 24 suspension of activities.docx' Silver Bullet Announces Temporary Suspension of Activities July 24, 2023 - Burlington, Ontario - Silver Bullet Mines Corp. (TSXV:SBMI and OTCQB:SBMCF) ('SBMI' or 'the Company') announces that it has temporarily suspended operations at its Buckeye Silver Mine and its processing mill in Arizona. The temporary suspension of activities results from excessive heat warnings by the National Weather Service, with temperatures being experienced in the range of 41 to 46 Celsius. Additionally, the area of the Buckeye Silver Mine has experienced wildfires resulting in restricted access to the property. Maintenance activities continue at both the mine site and the mill until the resumption of activities. The Company is working with its customers to extend delivery dates as a result of the suspension of operations. While the Company anticipates being able to resume operations in the near future, the timing is subject to climate variables beyond its control. For further information, please contact: John Carter Silver Bullet Mines Corp., CEO cartera@sympatico.ca +1 (905) 302-3843 Peter M. Clausi Silver Bullet Mines Corp., VP Capital Markets pclausi@brantcapital.ca +1 (416) 890-1232 Cautionary and Forward-Looking Statements This news release contains certain statements that constitute forward-looking statements as they relate to SBMI and its subsidiaries. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can be identified by words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues" and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct. By their nature, forward-looking statements include assumptions, and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this new release, SBMI will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities laws, SBMI assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: the impact of SARS CoV-2 or any other global virus; reliance on key personnel; the thoroughness of its QA/QA procedures; the continuity of the global supply chain for materials for SBMI to use in the production and processing of ore; shareholder and regulatory approvals; activities and attitudes of communities local to the location of the SBMI's properties; risks of future legal proceedings; income tax matters; fires, floods and other natural phenomena; the rate of inflation; availability and terms of financing; distribution of securities; commodities pricing; currency movements, especially as between the USD and CDN; effect of market interest rates on price of securities; and, potential dilution. SARS CoV-2 and other potential global pathogens create risks that at this time are immeasurable and impossible to define.

© 2024 Canjex Publishing Ltd. All rights reserved.