/NOT FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/
VANCOUVER, BC, Dec. 3, 2023 /CNW/ - Silver Viper
Minerals Corp. (the "Company" or "Silver
Viper") (TSXV: VIPR) (OTC: VIPRF) announces that in connection
with the Company's non-brokered private placement previously
announced on November 30, 2023 (the
"Offering"), it has updated the maximum size of the Offering to up
to 38,636,363 units (the "Units") to raise gross proceeds of up to
approximately $4,250,000 from an
initial maximum of gross proceeds of up to $5,000,000. All other terms of the Offering
remain unchanged.
An amended and restated offering document (the "Offering
Document") dated December 3, 2023
related to the Offering has been filed and can be accessed under
the Company's profile at www.sedarplus.com and on the Company's
website at https://silverviperminerals.com/investors. Prospective
investors should read the Offering Document before making an
investment decision and should not rely on the offering documents
filed November 30, 2023.
The Offering is anticipated to close in a series of tranches,
with the first tranche on or about December
20, 2023, and is subject to certain conditions including,
but not limited to, the receipt of all necessary approvals,
including the approval of the TSX Venture Exchange.
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
Forward Looking
Information
This news release may contain forward-looking statements,
including statements with respect to the terms of the Offering, the
receipt of regulatory approvals for the Offering and closing of the
Offering. These statements reflect management's current estimates,
beliefs, intentions and expectations; they are not guarantees of
future performance. Forward-looking statements address future
events and conditions and therefore involve inherent risks and
uncertainties. Such factors include, among other things: risks and
uncertainties relating to exploration and development, the ability
of the Company to obtain additional financing, the need to comply
with environmental and governmental regulations, fluctuations in
the prices of commodities, operating hazards and risks, competition
and other risks and uncertainties, including those described in the
Company's financial statements, management discussion and analysis
and/or annual information form available on www.sedarplus.com. The
risk factors identified in such documents are not intended to
represent a complete list of factors that could affect the Company.
Actual results may differ materially from those currently
anticipated in such statements and the Company undertakes no
obligation to update such statements, except as required by
law.
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.
SOURCE Silver Viper Minerals Corp.
