South American Silver Corp. (OTCQX:SOHAF) (TSX:SAC) (TSX:SAC.B) is pleased to announce that it will be changing its name to TriMetals Mining Inc.
The Company believes that the new name, TriMetals Mining Inc., more accurately reflects the Company’s expanded focus in terms of both metals and jurisdictions, particularly following the expropriation of its Malku Khota silver-indium project in Bolivia in 2012 and the acquisition of High Desert Gold Corporation and its Gold Spring gold-silver project along the Nevada/Utah border in late 2013.
The name change is expected to become effective in late March after the PDAC. The Company will continue to be listed on the Toronto Stock Exchange and, once the name change is completed, will trade under the new trading symbols “TMI” and “TMI.B”. The trading symbols on the US OTCQX are still pending and will be announced once they are known.
According to Ralph Fitch, President and CEO of the Company, “Given that the Company is now focused on the exploration and development of gold and copper projects in the Americas, along with the international arbitration case against the Bolivian government, we feel that a new name and image is appropriate. We believe that this new name and image more accurately reflect the focus and activities of the Company.”
About South American Silver Corp.:
South American Silver Corp. is a growth focused mineral exploration company creating value through the exploration and development of the Gold Springs gold project along the Nevada-Utah border, the large scale Escalones copper-gold project in Chile, the pursuit of new opportunities and the realization of value from the expropriated Malku Khota silver project in Bolivia through the arbitration process. The Company’s approach to business combines the team’s track record of discovery and advancement of large projects, key operational and process expertise, and a focus on community relations and sustainable development. Management has extensive experience in the global exploration and mining industry.
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