Shareholders Approve Acquisition of Springer Mining Company

VANCOUVER - Silver Predator Corp. reported that at its Annual General and Special Meeting the shareholders approved the acquisition of Springer Mining Company and other assets from Americas Bullion Royalty Corp. (AMB). 97.3% of eligible votes received were in support of the acquisition.

A total of 22,569,269 voting shares were cast at the meeting, representing 33.23% of the issued and outstanding common shares of the Company. Shareholders voted in favor of all items of business, including the election of Directors.

Silver Predator announced it agreed to acquire Springer Mining Company and other assets from AMB for an aggregate purchase price of US$5,000,000 and the grant by the Company of a royalty interest in each of its properties held at closing. Concurrent with the Acquisition, AMB would commit an additional US$1,800,000 by private placement to further fund the Company. More detailed terms of the agreement with AMB.