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Toronto, Ontario--(Newsfile Corp. - March 3, 2025) - Cascada Silver Corp. (CSE: CSS) (OTCQB: CSSCF) ("Cascada") announces that it has granted 5,460,000 stock options with 1,850,000 options granted to directors and officers of Cascada and 3,610,000 options granted to Cascada consultants. Each option entitles the holder to acquire one Cascada common share at an exercise price of $0.07 until March 3, 2026.
Further, Cascada is pleased to announce that the Company has engaged Research Capital Corporation ("RCC") as a financial advisor to provide general capital markets services, including strategic corporate planning, market intelligence, and general advisory services, for a term of one month. In consideration of its engagement, Cascada has agreed to issue to RCC 1,200,000 common shares, subject to the approval of the Canadian Securities Exchange. The common shares issued to RCC will be subject to a statutory restriction period of four months and one day.
About Cascada Silver Corp.
Cascada is a mineral exploration company focused on exploration opportunities in Chile including the Angie Copper Molybdenum Project where Cascada has recently completed a Phase II drill program. Cascada's team of successful exploration professionals are dedicated to the discovery of mineral deposits that can be progressed into economically viable development projects creating value for all stakeholders.
On behalf of Cascada Silver Corp.,
Carl Hansen, CEO
Phone: 416-907-9969
For additional information, please contact us at: IR@cascadasilver.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including predictions, projections and forecasts. Forward-Looking statements include, but are not limited to: plans for the evaluation of exploration properties; the success of evaluation plans; the success of exploration activities; mine development prospects; and, potential for future metals production. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "expects" or "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.