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Toronto, Ontario--(Newsfile Corp. - January 20, 2021) - Canadian Silver Hunter Inc. (TSXV: AGH.H) (the "
Company") announces that the Company has entered into a claims purchase agreement dated January 20, 2021 with an arm's length party (the "
Vendor") pursuant to which the Company will acquire a 100% undivided interest in 11 mineral claims units from the Vendor (the "
Acquisition"). The claims are located in Carscallen and Whiteside Townships, approximately 5 km north west of Melkior Resources Inc.'s Jowsey discovery on their Carscallen project.
As consideration for the Acquisition, the Company will issue 100,000 common shares in the capital of the Company at a deemed price of $0.06 per share to the Vendor. The common shares will be subject to a statutory hold period of four months and one day from the date of issuance thereof, in accordance with applicable securities laws.