newspapers-folded-stacked-640x640-1.jpg

October 28, 20210

Toronto, Ontario – October 28, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce the appointment of Mr. John H. Hill, M.Sc, CFA, to the Company’s Board of Directors, effective immediately.

A Chartered Financial Analyst and graduate in Mineral Economics from the Colorado School of Mines, Mr. Hill’s mining and commodity expertise has been at the pinnacle of the industry as follows:  Fund Management – as Partner and Research Director at Cambrian Capital L.P., a resource fund active across the mining, energy and industrial sectors; Equity Research – as Director, Metals & Mining for Citigroup Investment Research; and Mining Operations – as Director, Business Development for Echo Bay Mines, and Manager, INCO Ltd. exploration & technical services.  Mr. Hill has worked on mining projects in over 15 countries, has testified to US Congress on mineral policy issues, and served as Chairman of the Denver Gold Group.

As Principal of Rexerro Capital Ltd., a natural resource investment firm based in San Francisco, his perspectives on commodities are widely cited in asset valuations and portfolio reviews:

“We see silver as the most essential precious metal, central to green energy and the low-carbon transition.  With constrained mine supply and strong investment offtake, fair value is roughly US$30 per ounce, and $50 likely in the next phase of the precious metals bull market.  Now is an excellent time to accumulate silver assets.”

Chad Williams, Executive Chairman of Honey Badger Silver commented, “John personifies excellence and has a stellar reputation in many categories of mining and capital markets. He will certainly contribute towards increasing the value of our silver asset portfolio.”

Options Issuance

The Company announces that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company for the purchase of up to 750,000 common shares in the capital of the Company at an exercise price of $0.065 per share.  The grant is pursuant and subject to the terms and conditions of the Company’s existing stock option plan for a period of five years from the date of grant and is subject to the approval of the TSX Venture Exchange and all regulatory approvals.

For more information, please visit our new website at https://www.honeybadgersilver.com.

Or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

 

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.  The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


news1-640x640-1.jpg

September 9, 20210

Toronto, Ontario – September 9, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) is pleased to announce the appointment of Mr. Edmond Thorose, MBA,  B.Sc (Hons) to the position of President of the Company, effective immediately.

Since 2010, Mr. Thorose has been engaged in a corporate development role, first with Victoria Gold Corp, where he was responsible for evaluating M&A opportunities in the Americas, performing detailed due diligence on dozens of precious metals projects and from 2015 to 2019 at Red Cloud Klondike Strike Inc., as VP Corporate Development to identify and assess M&A opportunities for clients.

In his most recent role as Advisor to Blue Thunder Mining Inc., Mr. Thorose played an important role consolidating that company’s strategic property portfolio in the Chibougamau Gold District of Quebec, Canada, via numerous transactions. Mr. Thorose holds an Honours Bachelor of Science degree in Terrain and Environmental Earth Sciences from the University of Toronto and an MBA from the Schulich School of Business.

Chad Williams, Executive Chairman of Honey Badger commented, “I take considerable pride in appointing Ed to this leadership position.  His experience sourcing and evaluating assets and executing transactions will be of great benefit to our Company as we expand our silver inventory.”

For more information, please visit our website above, or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release.  The information in this news release and any other information herein that is not a historical fact may be “forward-looking information”.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger Silver to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, but are not limited to, volatility in the trading price of common shares of the Company; risks relating to the ability of the Company to obtain required approvals, complete definitive documentation; ability of the Company to complete further exploration activities; the results of exploration activities; capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company’s public documents filed on SEDAR (www.sedar.com) under Honey Badger Silver’s issuer profile.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.


news2-640x640-1.jpg

August 23, 20210

Toronto, Ontario – August 23, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market in the United States under the symbol ‘HBEIF’.

Chad Williams, Executive Chairman of Honey Badger Silver commented, “The OTCQB listing is an important step towards strengthening our U.S. shareholder base and broadening our global investor reach.  We have ambitious plans to grow Honey Badger into a sizeable, quality silver company through acquisition and discovery of silver assets. And we are leveraging industry-leading technical and market expertise to create a store of value based on silver ounces that has real potential to generate appreciable returns on investment.”

The OTCQB® is a leading market for early-stage and developing U.S. and international companies. Recognized as an established public market by the U.S. Securities and Exchange Commission, the OTCQB® has helped companies build considerable shareholder value including enhanced liquidity and transparency. Investors may benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.

An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to further facilitate electronic clearing and settlement of the Company’s common shares in the United States.

Honey Badger Silver management will be participating in the Stockpulse Silver Symposium in Coeur d’Alene on Sept 27-28. 

Director Option Grant

In connection with the previously announced appointment of Mr. W. Douglas Eaton, B.A., B.Sc. to the Board of Directors on August 4, 2021, the Company has approved the grant of stock options to Mr. Eaton for the purchase of up to 750,000 common shares in the capital of the Company at an exercise price of $0.08 per share.  The grant is pursuant and subject to the terms and conditions of the Company’s existing stock option plan having a period of five years from the date of grant and is subject to the approval of the TSX Venture Exchange and all regulatory approvals.

For more information, please visit our website above, or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

 

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.  The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward-Looking Information

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.


newspapers-folded-stacked-640x640-1.jpg

July 26, 20210

Toronto, Ontario – July 26, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has closed the previously announced Definitive Agreement with Romios Gold Resources Inc. (“Romios Gold”) to acquire 80% interest and control over an additional 1,870 hectares (4,620 acres) in 87 mining claims covering historic silver properties in the Thunder Bay Silver District.

The new claims comprise substantial portions of the historic Victoria Mine and Federal Mine silver properties, plus the Lily of the Valley, Caribou and Cloud Bay prospects and solidifies Honey Badger Silver’s dominant position in this historic high-grade silver camp.

In consideration for the additional claims, Honey Badger Silver has issued 1,103,506 common shares to Romios Gold valued at $150,000.   As well, Honey Badger Silver shall be granted a right of first refusal by Romios Gold on the 20% remaining interest.  For further details, please refer to the Company’s press release dated June 10, 2021 on its website at www.honeybadgersilver.com.

Extension of Flow-Through Private Placement

The Company also announces that further to the closing of the first tranche of its non-brokered flow-through private placement (the “FT Offering”) announced on July 8, 2021, it has been granted an extension by the TSX Venture Exchange during which it plans to close the second and final tranche of the FT Offering at a price of $0.15 per FT share, for aggregate proceeds of $1.5 million.  The gross proceeds from the Offering will be used to fund the Company’s exploration programs on the aforenoted Thunder Bay District of northern Ontario as well as the Plata and its other Yukon silver properties which qualify as flow-through shares for purposes of the Income Tax Act (Canada).  The FT Offering is now expected to close on or before August 23, 2021.   The Company plans to pay finder’s fees of up to 7% in cash and 7% in finder’s warrants in connection with the FT Offering.  Further information is available by contacting Ms. Anne Mitchell of Grove Corporate Services Ltd. at anne@grovecorp.ca Tel: (416) 642-1807, ext 309.

For more information, please visit our website above, or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.  The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

 

Cautionary Note Regarding Forward-Looking Information

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.


news1-640x640-1.jpg

July 13, 20210

TORONTO, July 13, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it will be initiating a work program at its newly-acquired, 100%-owned, 5,690 hectare Plata Silver Property (“Plata”) located in east-central Yukon.

The Plata Silver Property lies within the Tintina Gold Belt and displays a number of similarities to the world-class Keno Hill Silver Mining Camp, Canada’s second largest primary producer of silver with production from approximately thirty-five vein deposits between 1913 and 1989.

Plata Property Highlights:

  • Historic surface trenching and shallow drilling has identified thirty-two (32) known mineralized zones, comprising high-grade silver, gold, lead and zinc-bearing veins and stockwork zones;
  • Several areas of the property were mined historically for high-grade silver and yielded 9,020 kg (290,000 oz) of silver from a reported 2,041 tonnes of hand sorted material, equivalent to a recovered silver grade of approximately 4,420 grams per tonne (g/t) silver.

Historic drilling to date has demonstrated potential for continuous mineralization over a strike length of nearly 800 metres at the Aho Zone (Figure 1). This zone is a semi-continuous mineralized system developed within the plane of the Plata Thrust Fault that extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip.

Plata Phase 1 Program

The primary objective of the Phase 1 program planned for this summer is to complete detailed mapping and rock and channel sampling at several priority target zones at Plata in order to better understand structural controls of silver mineralization. This will provide valuable insight for eventual drill hole targeting.

The secondary objective of the Phase 1 program will be to better define the full extent of mineralization at Plata. Towards this end, soil grids will be completed in previously unsampled areas to more thoroughly define anomalous geochemical zones and trends.

The Company has engaged Archer, Cathro & Associates (1981) Limited, the established leader in Yukon mineral discoveries, to oversee the work program.

About the Plata Silver Property

Historic exploration at the Plata Silver Property from 1969 to 2011 identified thirty-two (32) known mineralized zones, extending over a 2.5 kilometre area, hosting narrow high-grade silver, gold, lead and zinc-bearing veins and stockworks. Mineralization at Plata is believed to be associated with hydrothermal fluids related to the Tombstone intrusive suite and bears similarities to the prolific Keno Hill Silver Mining Camp, Canada’s second largest primary producer of silver with production from approximately thirty-five (35) vein deposits between 1913 and 1989.

High priority target areas at Plata include:

  • P-4 Zone: The P-4 Zone has undergone more extensive drilling relative to other targets at Plata and demonstrates continuous mineralization over 200 metres of strike length that remains open in all directions. Average grades and widths from fourteen (14) core drill holes in 1987 were 1.9 metres grading 337 g/t silver, 3.65 g/t gold, 1.59% lead and 1.7% zinc.
  • P-3 Zone: At the P-3 Zone, rock samples have returned extremely high gold assays (up to 78.3 g/t) and chip sampling returned 1.96 metres grading 2,383 g/t silver, 9.85 g/t gold and 7% lead.
  • P-6 Zone: Drilling in 2011 confirmed the continuity of significant polymetallic silver mineralization at depth and laterally over a strike length of 150 metres. Highlighted drill intercepts include 1.0 metre grading 1,655 g/t silver and 1.09% zinc, and 6.63 metres grading 164 g/t tonne silver and 2.34% zinc. Veining mapped at surface and anomalous soil geochemistry suggest the P-6 structure may extend for 500 metres to the northwest.
  • P-2 Zone: Detailed trenching of the P-2 Zone returned a weighted average of 812 g/t silver, 24.48% lead and 17.02% zinc across an average width of 1.93 metres for a strike length of 85 metres. Drill holes targeting the P-2 Zone yielded intercepts of up to 1,060 g/t silver and 3.86% zinc over 0.87 metres and 110 g/t silver and 39.77% zinc over 0.93 metres.

Importantly, drilling from 2008 to 2011 has demonstrated that the P-3 and P-4 veins are part of a larger, semi-continuous, mineralized system referred to as the Aho Zone, which is developed within the plane of the Plata Thrust Fault and varies from 0.3 to 3.0 metres in width. This zone extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip (Figure 1).

Technical information in this news release has been approved by Heather Burrell, P.Geo., a geologist with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

For more information, please visit our new website at https://www.honeybadgersilver.com.

Or contact: Ms. Christina Slater at cslater@honeybadgersilver.com.

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.

The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX  Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.

Figure 1:  Map depicting select mineralized zones at Plata in relation to the Plata Thrust Fault and the Aho Zone


news2-640x640-1.jpg

July 8, 20210

TORONTO, July 8, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has engaged Archer, Cathro & Associates (1981) Limited (“Archer Cathro”) to oversee the Phase 1 work program on its 100%-owned 5,690 hectare Plata Silver Property (“Plata”) located in east-central Yukon.  Archer Cathro is the established leader in Yukon mineral discoveries.

The Plata Silver Property lies within the Tintina Gold Belt and displays a number of similarities to the world-class Keno Hill Silver Mining Camp, Canada’s second largest primary producer of silver with production from approximately thirty-five vein deposits between 1913 and 1989.

Plata Property Highlights:

  • Historic surface trenching and shallow drilling has identified thirty-two (32) known mineralized zones, comprising high-grade silver, gold, lead and zinc-bearing veins and stockwork zones;
  • Several areas of the property were mined historically for high-grade silver and yielded 9,020 kg (290,000 oz) of silver from a reported 2,041 tonnes of hand sorted material, equivalent to a recovered silver grade of approximately 4,420 grams per tonne (g/t) silver.

Historic drilling to date has demonstrated potential for continuous mineralization over a strike length of nearly 800 metres at the Aho Zone (Figure 1). This zone is a semi-continuous mineralized system developed within the plane of the Plata Thrust Fault that extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip.

About the Plata Silver Property

Historic exploration at the Plata Silver Property from 1969 to 2011 identified thirty-two (32) known mineralized zones, extending over a 2.5 kilometre area, hosting narrow high-grade silver, gold, lead and zinc-bearing veins and stockworks. Mineralization at Plata is believed to be associated with hydrothermal fluids related to the Tombstone intrusive suite and bears similarities to the prolific Keno Hill Silver Mining Camp, Canada’s second largest primary producer of silver with production from approximately thirty-five (35) vein deposits between 1913 and 1989.

High priority target areas at Plata include:

  • P-4 Zone: The P-4 Zone has undergone more extensive drilling relative to other targets at Plata and demonstrates continuous mineralization over 200 metres of strike length that remains open in all directions. Average grades and widths from fourteen (14) core drill holes in 1987 were 1.9 metres grading 337 g/t silver, 3.65 g/t gold, 1.59% lead and 1.7% zinc.
  • P-3 Zone: At the P-3 Zone, rock samples have returned extremely high gold assays (up to 78.3 g/t) and chip sampling returned 1.96 metres grading 2,383 g/t silver, 9.85 g/t gold and 7% lead.
  • P-6 Zone: Drilling in 2011 confirmed the continuity of significant polymetallic silver mineralization at depth and laterally over a strike length of 150 metres. Highlighted drill intercepts include 1.0 metre grading 1,655 g/t silver and 1.09% zinc, and 6.63 metres grading 164 g/t tonne silver and 2.34% zinc. Veining mapped at surface and anomalous soil geochemistry suggest the P-6 structure may extend for 500 metres to the northwest.

 

  • P-2 Zone: Detailed trenching of the P-2 Zone returned a weighted average of 812 g/t silver, 24.48% lead and 17.02% zinc across an average width of 1.93 metres for a strike length of 85 metres. Drill holes targeting the P-2 Zone yielded intercepts of up to 1,060 g/t silver and 3.86% zinc over 0.87 metres and 110 g/t silver and 39.77% zinc over 0.93 metres.

Importantly, drilling from 2008 to 2011 has demonstrated that the P-3 and P-4 veins are part of a larger, semi-continuous, mineralized system referred to as the Aho Zone, which is developed within the plane of the Plata Thrust Fault and varies from 0.3 to 3.0 metres in width. This zone extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip (Figure 1).

Plata Phase 1 Program:

The primary objective of the Phase 1 program planned for this summer by Archer Cathro is to complete detailed mapping and rock and channel sampling at a number of priority target zones at Plata in order to better understand structural controls of silver mineralization. This will provide valuable insight for eventual drill hole targeting.

The secondary objective of the Phase 1 program will be to better define the full extent of mineralization at Plata. Towards this end, soil grids will be completed in previously unsampled areas to more thoroughly define anomalous geochemical zones and trends.

Technical information in this news release has been approved by Heather Burrell, P.Geo., a geologist with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

Closing of First Tranche of Flow-Through Private Placement

The Company also announces that it has closed the first tranche of its ongoing non-brokered flow-through private placement (the “FT Offering”) by issuing 1,681,800 Flow Through Shares (‘FT Shares”) at a price of $0.15 per FT Share for gross proceeds of $252,270. The gross proceeds from the Offering will be used to fund the exploration program on the aforenoted Plata silver property and future exploration programs on the Company’s other properties in the Yukon as well as the Thunder Bay District of northern Ontario, which qualify as flow-through shares for purposes of the Income Tax Act (Canada).

The Company expects to close a second and final tranche of the FT Offering shortly.

In connection with the foregoing, the Company paid finders’ fees totalling $17,239 and issued non-transferable purchase warrants entitling the purchase a total of 114,926 common shares of the Company at a price of $0.15 per share for a period of 24 months following the closing.  All securities issued in connection with the FT Offering are subject to a hold period of four months plus a day from the closing. The FT Offering remains subject to the final approval of the TSX Venture Exchange.

 

For more information, please visit our new website at https://www.honeybadgersilver.com.

Or contact: Ms. Christina Slater at cslater@honeybadgersilver.com.

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.

The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX  Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.


newspapers-folded-stacked.jpg

June 24, 20210

Toronto, Ontario – June 24, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce the appointment of Mr. W. Douglas Eaton, B.A., B.Sc. to the Board of Directors effectively immediately.

Chad Williams, Executive Chairman of Honey Badger Silver commented, “We are very fortunate to have Doug join the Honey Badger Board. He is renowned industry-wide for his leading technical and geological expertise that has led to significant discoveries, particularly in the Yukon where he will be a tremendous support to our efforts and in building our silver asset base.”

Mr. Eaton obtained a Bachelor of Science degree in Geology from the University of British Columbia in 1980, and a Bachelor of Arts degree from the University of Alberta in 1971.  He has been with consulting firm Archer, Cathro & Associates (1981) Limited since 1971 serving as principal since 1981.  He has exceptional knowledge of Yukon geology and has contributed to several important discoveries, including the Blende Ag-Pb-Zn deposit, Marg Zn-Cu-Pb-Ag-Au, Klaza Au-Ag deposit and the Wolverine Zn-Ag-Pb-Cu-Au deposit. He was a 2012 recipient of the H.H. “Spud” Huestis Award for excellence in prospecting and exploration for his role in the discovery and development of the Rackla Gold Belt.

Mr. Eaton has served as a director and officer of numerous public companies on the TSX Venture Exchange for over three decades and is currently President and CEO of Strategic Metals Ltd.

The Company also announces that Mr. Chad Gilfillan has chosen to step down from the Board.

“Chad Gilfillan has been an extremely valuable Board member and has contributed to the direction and growth of the company.  We are fortunate to have benefitted from his capital markets expertise,” said Chad Williams, Executive Chairman and Director of Honey Badger Silver.

Extension of Flow-Through Financing

The Company also reports that it has extended its Flow-Through Financing (the “FT Offering”) for aggregate proceeds of $1.5 million.  As previously announced, the FT Offering consists of 10 million shares (the “Flow-Through Shares”) that qualify as flow-through shares for purposes of the Income Tax Act (Canada), at a price of $0.15 per Flow-Through Share.

 

 

The FT Offering is now expected to close on or before July 23, 2021.   The Company plans to pay finder’s fees of up to 7% in cash and 7% in finder’s warrants in connection with the FT Offering. Further information is available by contacting Ms. Anne Mitchell of Grove Corporate Services Ltd. at anne@grovecorp.ca Tel: (416) 642-1807, ext 309.

 

For more information, please visit our new website at https://www.honeybadgersilver.com.

Or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

 

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.  The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


news1-640x640-1.jpg

June 10, 20210

Honey Badger Silver Signs Definitive Agreement for Additional Thunder Bay Silver Properties Confirms Dominant Position in the Thunder Bay Silver District

Toronto, Ontario – June 10, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has signed the Definitive Agreement (the “Agreement”) with Romios Gold Resources Inc. (“Romios Gold”; CVE: RG) to acquire an 80% interest and control of an additional 1,870 hectares (4,620 acres) in 87 mining claims covering historic silver properties in the Thunder Bay Silver District.  The Agreement succeeds the Letter of Intent entered into by the parties announced on April 27, 2021.

The new claims comprise substantial portions of the historic Victoria Mine and Federal Mine silver properties, plus the Lily of the Valley, Caribou and Cloud Bay prospects.

“This acquisition solidifies Honey Badger Silver’s dominant position in this historic high-grade silver camp and furthers our strategy to create a high-value, high-growth silver company leveraging our regional positioning in world-class silver districts,” said Chad Williams, Executive Chairman.

In consideration for an 80% interest in the project, Honey Badger Silver has agreed to: a) issue shares of the Company to Romios Gold for a value of C$150,000 at a price equal to the volume weighted average price of its common shares, trading on the TSXV for the thirty trading days immediately preceding the date of the transaction’s announcement, subject to the maximum discounted price allowed under the policies of the TSXV and b) free-carry all costs and expenses related to the maintenance and advancement of the project to pre-feasibility.  Immediately after completion of the pre-feasibility study, the parties shall enter into a joint venture agreement to continue advancing the project towards commercial production.

In addition, Romios Gold shall grant a right of first refusal to Honey Badger Silver on its 20% remaining interest, post-transaction.  If any party is diluted to a 10% or less interest in the joint venture, such party’s interest shall be converted to a 2% net smelter return royalty with an option to buyback half for C$ 2,000,000.  For further details, please refer to the aforenoted press release on the Company’s website at www.honeybadgersilver.com.

For more information, please visit our website above, or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.  The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

 

Cautionary Note Regarding Forward-Looking Information

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.


news2-640x640-1.jpg

June 8, 20210

Honey Badger Silver Closes Yukon Silver Asset Purchase

TORONTO, June 8, 2021. Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has closed its previously announced transaction with Strategic Metals Ltd. (“Strategic Metals”; TSX-V: SMD) to acquire a 100% interest in the following three silver-focused advanced properties located in the Yukon Territory, Canada (the “Transaction”):

(1) Plata: lies within the Tintina Gold Belt with geology analogous to the prolific Keno Hill silver district,

(2) Groundhog: falls within a belt of high-grade gold occurrences including the Ketza Mine with very high grade silver in rock samples, and

(3) Hy: covers many high-grade silver occurrences first discovered in the 1960’s (for more information on the Properties, please refer to the Company’s news release dated February 11, 2021).

“This is an important transaction for Honey Badger Silver. Each of these silver properties has the potential to host significant higher-grade silver mineralization. They are advanced, well situated, and have promising geology. We are eager to quickly crystallize value from these silver assets,” said Chad Williams, Executive Chairman of Honey Badger Silver. “This transaction is an example, and merely the beginning, of your management’s efforts to grow Honey Badger into a substantial silver company.”

Transaction Terms 

In consideration for a 100% interest in the Properties, Honey Badger Silver issued to Strategic Metals 34,804,718 common shares in the capital of Honey Badger Silver, representing 19.9% of the issued and outstanding common shares of the Company following the closing of the Transaction, and granted to Strategic Metals the right to participate, on the same commercial terms as other investors, in the next two equity financings undertaken by the Company in order to allow Strategic Metals to maintain its equity position  in Honey Badger Silver.  Strategic Metals will retain a 2% net smelter return royalty on all minerals other than silver to be extracted from the Properties.

The securities issued under the Transaction are subject to a four month hold period expiring on October 5, 2021. The Transaction remains subject to the final approval of the TSX Venture Exchange.

Technical information in this news release has been approved by Heather Burrell, P.Geo., a geologist with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

For more information, please visit our new website at https://www.honeybadgersilver.com. 

Or contact: Ms. Christina Slater at cslater@honeybadgersilver.com.

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.

The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. 

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.


news1-640x640-1.jpg

June 2, 20210

Toronto, Ontario June 2, 2021 – Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce the appointment of Mr. Brian Briggs, P.Eng., to its Board of Directors.

Chad Williams, Executive Chairman of Honey Badger Silver commented, “Brian is a very well-respected and admired US-based mining executive. His wide-ranging achievements in the mining industry and leadership role in environmental sustainability will add valuable insights into our growth opportunities – especially in the US – as we continue to build Honey Badger Silver into a top-tier silver company.”

Mr. Briggs is a professional mining engineer with a highly accomplished career spanning 30 years in project development, from late-stage exploration and pre-feasibility to design, construction and production for both underground and surface operations.  A sixth-generation mining engineer, he has held a number of senior management roles for domestic and international companies, most recently as Chief Operating Officer for Aurcana Corp., along with Chief Executive Officer of its wholly-owned subsidiary based in Colorado with a focus on restarting an operational, fully permitted precious metals mine.

With a commitment to social license management, Mr. Briggs has spearheaded several historic environmental impact assessments and brown-fields rehabilitation programs. This has resulted in the achievement of such recognitions as the 2019 Colorado Mining Association Environmental Sustainability Award and numerous other awards involving excellence in safety, reclamation and surface mining.

Mr. Briggs holds a Bachelor of Science in mining engineering and a Masters in agricultural engineering from the University of Wyoming.

Update on Timing of Yukon Silver Asset Acquisitions

The Company is also pleased to announce that substantial progress has been made regarding the Definitive Agreement with Strategic Metals Ltd. pursuant to which Honey Badger Silver will acquire 100% of Strategic’s right, title and interest in three advanced silver properties in southeast and south-central Yukon known as the Plata, Groundhog and Hy properties, such that closing is now expected on or before June 15, 2021.  The delay from the previously announced closing was attributed to the Covid-19 pandemic in the collection and execution of all the requisite legal documentation.

Issuance of Options

The Company announces that the Board of Directors has approved the grant of stock options to Mr. Briggs for the purchase of up to 750,000 common shares in the capital of the Company at an exercise price of $0.13 per share.  The grant is pursuant and subject to the terms and conditions of the Company’s existing stock option plan for a period of five years from the date of grant and is subject to the approval of the TSX Venture Exchange and all regulatory approvals.  Chad Williams will continue to serve as Executive Chairman of the Corporation.

Clarification regarding CEO Role

The Company also wishes to clarify that Chad Williams expects to continue to also serve as Interim Chief Executive Officer of the Company for a transitional period as is required to retain a suitable candidate for the position, which process is expected to be completed by September 30, 2021.

For more information, please visit our website above, or contact:  Ms. Christina Slater at cslater@honeybadgersilver.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

On behalf of the Board of Directors,

Honey Badger Silver Inc.

“Chad Williams”

Executive Chairman

 

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release.  The information in this news release and any other information herein that is not a historical fact may be “forward-looking information”.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger Silver to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, but are not limited to, volatility in the trading price of common shares of the Company; risks relating to the ability of the Company to obtain required approvals, complete definitive documentation; ability of the Company to complete further exploration activities; the results of exploration activities; capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company’s public documents filed on SEDAR (www.sedar.com) under Honey Badger Silver’s issuer profile.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.


OUR

Headquarters

2704-401 Bay Street, P.O. Box 4

Toronto, Ontario, M5H 2Y4

(647) 249-9301

www.honeybadgersilver.com

GET IN TOUCH

Follow Our Activity