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Honey Badger Silver (TSXV:TUF) on track to acquire the Cachinal Silver-Gold Project in Chile

Mining
TSXV:TUF
18 August 2022 09:15 (EDT)

Honey Badger Silver (TUF) is on course to acquire 100-per-cent interest in the Cachinal De La Sierra Silver-Gold Project from Aftermath Silver Ltd.

The Cachinal De La Sierra Silver-Gold Project sits in the Cachinal de la Sierra area in Chile’s Antofagasta Region II.

“Honey Badger’s technical team is concluding its due diligence process and we are now aiming to finalize the definitive agreement with Aftermath,” explained Chad Williams, the company’s Director and Non-Executive Chair.

“We expect the transaction to close in September, subject to regulatory and TSX Venture Exchange approval,” he added.

Honey Badger and Aftermath have agreed to extend the non-binding term sheet and exclusivity end date to September 30, 2022.

Honey Badger Silver is a Canadian silver company focused on acquiring, developing and integrating accretive transactions of silver ounces.

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.

Honey Badger Silver Inc. opened the day’s trading at $0.05 per share.


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