Brief: Sailfish Announces Binding Letter Of Intent To Spinout The Gavilanes Silver Project Combined With Wexford's Commonwealth Silver-Gold Project Into A Separate Public Company

Sailfish Royalty

07/10/2021 13:59

Oct 7 (Reuters) - Sailfish Royalty Corp  FISH.V :
    * SAILFISH ANNOUNCES BINDING LETTER OF INTENT TO SPINOUT THE
GAVILANES SILVER PROJECT COMBINED WITH WEXFORD'S COMMONWEALTH
SILVER-GOLD PROJECT INTO A SEPARATE PUBLIC COMPANY TO BE NAMED
"SWORDFISH SILVER"
    * SAILFISH ROYALTY CORP - ALL OF SECURITIES OF SWORDFISH
(WHICH
HOLDS GAVILANES SILVER PROJECT) WILL BE EXCHANGED FOR 4,607,143
COMMON SHARES OF PUBCO
    * SAILFISH ROYALTY CORP - ALL SECURITIES OF MARLIN (WHICH
HOLDS
COMMONWEALTH SILVER-GOLD PROJECT) TO BE EXCHANGED FOR 13,821,429
COMMON SHARES OF PUBCO

Source text for Eikon:  ID:nCNWKfnCJa 
Further company coverage:  FISH.V 

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