(TSX: SRHI) - SRHI Inc. (
SRHI or the
Company - formerly Sprott Resource Holdings Inc.) today announced that it is withdrawing the Preliminary Economic Assessment (“
PEA”) from the Technical Report entitled “Minera Tres Valles Copper Project, Salamanca, Coquimbo Region, Chile NI 43-101 Technical Report” dated effective October 4, 2018 (the “
Technical Report”) of the Company’s Minera Tres Valles (“
MTV”) Copper Project in Chile.
The Company prepared this Technical Report to (i) advance the development of its two largest deposits (Papomono
Masivo and Don Gabriel
Mantos) of the nine identified mineral deposits, (ii) provide a detailed evaluation of the salt leach technology which is fundamental to the economic development of the sulfide deposits on the property, and (iii) provide a long-term view of the development of the entire property through a PEA level analysis of the production of all of the identified deposits on the property. The FS, both PFSs,
TORONTO, March 15, 2021 (GLOBE NEWSWIRE) (TSX: SRHI) - SRHI Inc. ("SRHI" or the "Company" - formerly Sprott Resource Holdings Inc.) announced today that it has entered into an agreement with PI Financial Corp. and Eight Capital as co-lead underwriters and joint bookrunners (together, the “Co-Lead Underwriters”) on their own behalf and on behalf of a syndicate of underwriters (together with the Co-Lead Underwriters, the “Underwriters”), under which the Underwriters have agreed to buy on a bought deal basis 18,200,000 units (the “Units”) of the Company, at a price of C$0.55 per Unit for gross proceeds of approximately C$10,010,000 (the “Offering”). Each Unit consists of one common share in the capital of the Company (each a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant is exercisable into one common share of the Company (each a “Warrant S
(all amounts expressed in US dollars) TORONTO, March 01, 2021 (GLOBE NEWSWIRE) (TSX: SRHI) - SRHI Inc. ("SRHI" or the "Company”) announces that pursuant to Part VII, Section 720 of the Toronto Stock Exchange (the “TSX”) Company Manual (the “Manual”), it has submitted an application to the TSX for voluntary delisting (the "Voluntary Delisting Application") of the Company's common shares ("Common Shares") and common share purchase warrants (the “Warrants”) from the TSX. The Voluntary Delisting Application is subject to TSX approval. The Company instead intends to list its Common Shares and Warrants on the TSX Venture Exchange (the “TSXV”) and has received conditional approval from the TSXV to do so. The Company is currently addressing all outstanding items to receive final approval of its application (the “Listing Application”) to list its Common Shares and Warrants on t