Silver Storm Stock Price, News & Analysis

Silver Storm Mining announces CFO transition as Mr. Carmelo Marrelli steps down, with a search for successor underway. The company also disclosed amendments to its previous private placement offering, revealing updated figures: 35,392,610 common shares issued, 17,696,305 purchase warrants, and $124,990 in cash finders' fees. Additionally, Silver Storm has engaged Epstein Research for a six-month investor engagement services agreement starting October 1, 2024, for US$10,000, following a three-month trial period that cost US$5,000.

Silver Storm Mining announced high-grade drill results from its Phase 2 diamond drilling program at La Parrilla Silver Mine Complex in Mexico. Key findings include multiple high-grade silver equivalent intercepts from the La Estrella and San Rafael Zones, with notable results of 2,550 g/t Ag.Eq over 0.50m and 1,546 g/t Ag.Eq over 0.49m. The La Estrella Zone shows mineralization over a strike length of 225m, vertical extent of 175m, and true thickness up to 6m. The San Rafael Zone extends approximately 120m in strike length with 80m vertical extent and up to 7.5m true width.

Silver Storm Mining announces its participation in two major investor conferences in November 2024. The company will attend the 121 Mining Investment Conference in London (November 14-15) at Booth #D20, where over 150 mining companies and 500 investors will gather for pre-arranged meetings. Subsequently, Silver Storm will participate in the 50th Annual New Orleans Investment Conference (November 20-23) at the Hilton New Orleans Riverside, featuring a Corporate Luncheon on November 21.

Silver Storm Mining (TSX.V: SVRS | OTC Pink: SVRSF | FSE: SVR) announces that the British Columbia Securities Commission has issued a failure to file cease trade order (CTO) due to the company's delay in filing its annual and interim financial statements for the periods ending March 31, 2024, and June 30, 2024, respectively. The delay is attributed to complexities associated with the La Parrilla assets acquisition. Silver Storm expects to complete the Annual Filings by October 24, 2024, with Interim Filings following within five business days.

The CTO replaces a previous management cease trade order and has led to the suspension of trading on the TSX Venture Exchange. Additionally, the company's listing has been moved from the OTCQB Market to the OTC Pink Open Market. Silver Storm intends to regain its OTCQB listing once the required documents are filed.

Silver Storm Mining (TSX.V: SVRS, OTCQB: SVRSF, FSE: SVR) provides a bi-weekly update on its management cease trade order (MCTO). Issued on July 30, 2024, by the British Columbia Securities Commission (BCSC), the MCTO followed the company's inability to file its annual financial statements and related documents for the year ended March 31, 2024, by the July 29, 2024 deadline. The delay also affected its interim filings due August 29, 2024. The BCSC has extended the deadline for annual filings to October 11, 2024, and the company expects to complete interim filings within five business days thereafter. The MCTO will remain until two business days after all required filings are submitted. The MCTO does not restrict public trading of the company's securities. Silver Storm confirms there are no material changes to the previous announcement and no insolvency proceedings.

Silver Storm Mining (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) announces an extension to its management cease trade order (MCTO) granted by the British Columbia Securities Commission. The MCTO, initially issued on July 30, 2024, has been extended from September 27, 2024, to October 11, 2024. This extension is due to delays in filing the company's annual financial statements and related documents for the year ended March 31, 2024, as well as the subsequent delay in filing the interim financial statements for the quarter ended June 30, 2024.

The delay is attributed to complexities associated with the acquisition of the La Parrilla assets. The MCTO restricts trading by the company's CEO and CFO but does not affect other shareholders. Silver Storm confirms its commitment to satisfying the Alternative Information Guidelines and will continue to issue bi-weekly default status reports.

Silver Storm Mining (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) has provided a bi-weekly update on its management cease trade order (MCTO) issued on July 30, 2024, by the British Columbia Securities Commission. The company is unable to file its annual and interim financial statements due to complexities associated with the acquisition of La Parrilla assets. The BCSC has given Silver Storm until September 27, 2024 to complete its Annual Filings, with Interim Filings expected within five business days thereafter.

The MCTO does not affect public trading of the company's securities. Silver Storm confirms no material changes to the information in the Default Announcement and continues to satisfy the Alternative Information Guidelines set out in NP 12-203. The company has no anticipated specified default beyond the current filing delay and confirms there are no insolvency proceedings against it.

Silver Storm Mining (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) has provided a bi-weekly update on its management cease trade order (MCTO) issued on July 30, 2024. The company is delayed in filing its annual financial statements and interim financial statements due to complexities associated with the La Parrilla assets acquisition. The British Columbia Securities Commission has extended the deadline for Annual Filings to September 27, 2024, which the company expects to meet. Interim Filings are anticipated within five business days of completing the Annual Filings. The MCTO does not affect public trading of the company's securities. Silver Storm confirms no material changes since the initial announcement and continues to comply with Alternative Information Guidelines.

Silver Storm Mining (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) announces its participation in the 2024 Precious Metals Summit in Beaver Creek, Colorado, from September 10-13, 2024. This exclusive, invitation-only event brings together institutional investors, sell-side representatives, and corporate executives from the precious metals industry.

Greg McKenzie of Silver Storm will present on Tuesday, September 10 at 3:00 p.m. (MT) in Room 2, highlighting the company's recent achievements and future plans. The management team will also be available for meetings with investors and attendees throughout the summit.

The Precious Metals Summit is a leading independent investment conference focused on explorers, developers, and emerging producers of gold, silver, and platinum group metals, featuring nearly 200 carefully selected, high-potential issuers from the global mining and mineral exploration sectors.