Eric Sprott, a 10% Holder, acquired 11,111,111 Common Shares on a direct ownership basis at a price of $0.450 through a prospectus or prospectus exempt offering on July 15th, 2020. The insider also acquired 5,555,556 Warrants with an exercise price of $0.650 for three years. This represents a $5,000,000 investment into the company's shares and an account share holdings change of 50.5%.
Silver One Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.
Silver One Resources Inc, formerly BRS Ventures Ltd, is a Canada-based silver focused resource company. The Company owns interest in Mexican silver exploration and development properties, which include Penasco Quemado in the state of Sonora, La Frazada in the state of Nayarit and Pluton in the state of Durango. The Penasco Quemado project is located in northern Sonora, approximately 59 kilometers south of the town of Sasabe on the United States-Mexican border and comprises over 3,700 hectares in approximately six concessions. Its La Frazada project is located approximately 300 kilometers northwest of Guadalajara and hosts silver-rich epithermal veins with base metals. The Pluton project is an approximately 6,500-hectare property consisting of over two contiguous exploration concessions. Its Pluton project is located within the Ojuela-Mapimi Mining District and lies along the eastern front of the Sierra Madre Oriental in northern Durango.
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