Brief: Silver Mountain Mines Enters Into Letter Of Intent With Nevgold Corp. For A Proposed Reverse Takeover
Silver Mountain Mines Inc SMM.V :
* SILVER MOUNTAIN MINES ENTERS INTO LETTER OF INTENT WITH
NEVGOLD
CORP. FOR A PROPOSED REVERSE TAKEOVER
* SILVER MOUNTAIN MINES INC - WILL ACQUIRE ALL OF COMMON
SHARES IN
CAPITAL OF NEVGOLD
* SILVER MOUNTAIN MINES INC - DEAL TERMS INCLUDE ONE
RESULTING
ISSUER SHARE FOR EACH NEVGOLD SHARE
* SILVER MOUNTAIN MINES INC - DEAL WILL RESULT IN ISSUANCE
OF UP
TO 25 MILLION RESULTING ISSUER SHARES TO SHAREHOLDERS OF NEVGOLD
Source text for Eikon: ID:nGNX8tJ53d
Further company coverage: SMM.V
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