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Pinehurst Capital I Reports on Transaction with Silver Bullet Mines Inc.


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Corporation  or
Pinehurst ), a capital pool company listed on the TSX Venture Exchange (
TSXV ), is pleased to provide this update on the reverse takeover of Pinehurst by Silver Bullet Mines Inc. (
Silver Bullet , and together with Pinehurst, the
Parties ), a mining company focused on silver exploration at its 100% owned Black Diamond Property located near Globe, Arizona (the
Property ). The Parties entered into a binding definitive agreement effective November 12, 2020, as amended, (the
Definitive Agreement ) pursuant to which the Parties intend to complete a business combination transaction, which, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of Pinehurst by Silver Bullet (the ....

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