The number of common shares to be purchased through the facilities of the Exchange during the one year period commencing on August 20, 2008 of the NCIB will not exceed 9,865,333 Common Shares, representing 10% of the public float outstanding on August 7, 2008 of 98,653,328 Common Shares. As at August 7, 2008, there were 122,402,010 common shares issued and outstanding. Common shares purchased pursuant to the NCIB will be cancelled.
Silverstone believes that the market price of the common shares may, at certain times throughout the duration of the NCIB, be undervalued. The purchase of the common shares will increase the book value per common shares thereby resulting in share value appreciation for shareholders.
Silverstone is a Canadian based public silver mining company with 100% of its revenue from silver production. More information is available online at: www.silverstonecorp.com ..
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Silverstone Resources Corp.
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CODE : SST.V |
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ISIN : CA82846B1013 |
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Silverstone Res. est une société de royalties minières d'argent basée au Canada. Silverstone Res. est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 243,7 millions CA$ (218,3 millions US$, 158,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 07 mars 2008 à 3,60 CA$, et son plus bas niveau récent le 21 novembre 2008 à 0,30 CA$. Silverstone Res. possède 123 077 000 actions en circulation. |