Mr. Eric Sprott Increases Aftermath Silver Ownership to 14.4%

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Overig advies 29/05/2024 07:02
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the "Company" or "Aftermath Silver") is pleased to announce that 7,914,398 of the outstanding warrants to purchase common shares of the Company have been exercised recently for cash proceeds to the Company of C$1,989,439.5. This total includes 7,439,898 warrants at $0.25 per common share for aggregate consideration of $1,859,975 exercised by 2176423 Ontario Ltd., a corporation beneficially owned and controlled by Mr. Eric Sprott, Aftermath's largest shareholder. Following the recent exercise Mr. Sprott owns 33,519,694 million shares, or 14.4% of Aftermath's issued shares.

Ralph Rushton, President and CEO of Aftermath commented, "I'd like to thank all of our shareholders for their on-going support via the recent private placement and the recent warrant exercises as the Company advances the Berenguela silver-copper-manganese project in southern Peru. We are currently outlining plans for a targeted diamond drill program at Berenguela which we will carry out in parallel with the metallurgical testwork."

Berenguela Project: Background
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https://www.newsfilecorp.com/release/210708/



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