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Thursday, January 18, 2018

Investorideas.com Newswire - #Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Closes Private Placement for $749,988

Investorideas.com Newswire - #Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Closes Private Placement for $749,988



SilverCrest
Metals Inc. (TSXV: SIL.VOTCQX: SVCMF)
("SilverCrest" or the "Company") is pleased to report that
the non-brokered private placement of $749,988 announced January 3, 2018 with
Christopher Ritchie has completed. The private placement, which closed on
January 17, 2018, is comprised of 451,800 units at a price of Cdn$1.66 per unit
for gross proceeds of Cdn$749,988. Each unit consists of one common share and
one‑half of one common share purchase warrant, with each whole warrant being
exercisable for one common share of SilverCrest at a price of Cdn$2.29 per
share for a term of two years. No finder's fee was paid in connection with this
placement.
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