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Honey Badger Silver on Track to Acquire100% of Cachinal Silver-Gold Project in Chile

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Honey Badger Silver on Track to Acquire100% of Cachinal Silver-Gold Project in Chile

 

 

 

 

 

Honey Badger Silver Inc. (TSX-V: TUF) is pleased to announce that further to the Company’s news release dated June 10, 2022, it is on track to acquire 100% interest in the Cachinal De La Sierra Silver-Gold Project, located in the Cachinal de la Sierra area in Chile’s Antofagasta Region II, from Aftermath Silver Ltd.

 

 

Chad Williams, the Company’s Director and Non-Executive Chair commented, “Honey Badger’s technical team is concluding its due diligence process and we are now aiming to finalize the definitive agreement with Aftermath. We expect the transaction to close in September, subject to regulatory and TSX Venture Exchange approval.”

 

 

Honey Badger and Aftermath have also mutually agreed to extend the non-binding Term Sheet and exclusivity end date to September 30, 2022, from August 15th, 2022.

 

 

About Honey Badger Silver Inc.

 

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, developmentand integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With advanced projects in the southeast and south-central Yukon including the Plata property 180 kms to the east of the Keno Hill silver district, and a dominant land position in Ontario’s historic Thunder Bay Silver District, Honey Badger Silver is positioning to be a top-tier silver company.

 

Posted August 19, 2022

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