Silver Stream Mining (AGSM) 0.0077 $AGSM
Stratabound Announces Proposed Business Combination with Silver Stream Mining Corp.
ACCESSWIRE - Mon May 25, 9:11AM CDT
Calgary, Alberta / ACCESSWIRE / May 25, 2015 / Stratabound Minerals Corp. (TSXV: SB) ("Stratabound" or "the Company"
is pleased to announce that it has entered into a non-binding Letter Of Intent (LOI) with Silver Stream Mining Corp. (OTCQB: AGSM) ("Silver Stream" in respect of a transaction pursuant to which Silver Stream and its shareholders will complete a business combination with Stratabound whereby the shareholders of Silver Stream will become shareholders of Stratabound. Upon completion of the transaction Stratabound will continue to carry on the business of exploration and development of mining projects. The current Silver Stream management team will take over management positions in Stratabound. The transaction is an arm's length transaction and is subject to the approval of the TSX Venture Exchange. Upon completion of the transaction Stratabound will continue with the name "Stratabound Minerals Corp." The transaction has the support of both boards of directors and Stratabound's and Silver Stream's controlling shareholders.
SB.VN: 0.015 (+0.005)
Silver Stream Appoints Chairman and Vice President
ACCESSWIRE - Wed Apr 22, 12:44PM CDT
TORONTO, ON / ACCESSWIRE / April 22, 2015 / Silver Stream Mining Corporation (OTCQB: AGSM) ("Silver Stream" or "the Company" is pleased to report the appointments of Margaret Kent as the Non-Executive Chairman of the Board and a Director of the Corporation and Richard Meschke as Vice President - Legal and Corporate Development of the Corporation. Kent and Meschke have recently served as consultants to Silver Stream, assisting with the capital restructuring of the Company and the conversion of the Company's debt into common shares as well as reviewing and advising on the Company's projects and property option agreements. In accepting the Chairman's role of Silver Stream, Kent is re-joining several former colleagues in the management team of the Company.
Silver Stream Eliminates Substantially All Debt and Reports on Recent Activities
Marketwired - Thu Mar 26, 10:39AM CDT
Silver Stream Mining Corporation ("Silver Stream" (OTCQB: AGSM) is pleased to report that during the past seven months the Company has eliminated $7.5 million of debt and future liabilities from its accounts, substantially eliminating all debt and major liabilities. On August 27th, 2014 the Company terminated its option agreement on the Metates Property in Mexico, effectively eliminating $1,050,000 of payment liabilities and $3,400,000 of future option payments. The Definitive Agreement with Redstone Resources was terminated after completing the required $500,000 of payments to complete the first tranche of investment in the Zonia property, giving Silver Stream a 5.8% interest in Redstone and eliminating future obligations. Recently, Silver Stream finalized the exchange of $3,067,227.39 in debt for an agreed to 20% (or less) payment in shares at $0.01. A total of 59,848,981 shares were issued in exchange for the debt. As of today, Silver Stream has effectively less than $50,000 owing in payables, 109,705,611 shares outstanding and no long or short term liabilities.
Stratabound Announces Proposed Business Combination with Silver Stream Mining Corp.
ACCESSWIRE - Mon May 25, 9:11AM CDT
Calgary, Alberta / ACCESSWIRE / May 25, 2015 / Stratabound Minerals Corp. (TSXV: SB) ("Stratabound" or "the Company"
is pleased to announce that it has entered into a non-binding Letter Of Intent (LOI) with Silver Stream Mining Corp. (OTCQB: AGSM) ("Silver Stream" in respect of a transaction pursuant to which Silver Stream and its shareholders will complete a business combination with Stratabound whereby the shareholders of Silver Stream will become shareholders of Stratabound. Upon completion of the transaction Stratabound will continue to carry on the business of exploration and development of mining projects. The current Silver Stream management team will take over management positions in Stratabound. The transaction is an arm's length transaction and is subject to the approval of the TSX Venture Exchange. Upon completion of the transaction Stratabound will continue with the name "Stratabound Minerals Corp." The transaction has the support of both boards of directors and Stratabound's and Silver Stream's controlling shareholders. SB.VN: 0.015 (+0.005)
Silver Stream Appoints Chairman and Vice President
ACCESSWIRE - Wed Apr 22, 12:44PM CDT
TORONTO, ON / ACCESSWIRE / April 22, 2015 / Silver Stream Mining Corporation (OTCQB: AGSM) ("Silver Stream" or "the Company"
is pleased to report the appointments of Margaret Kent as the Non-Executive Chairman of the Board and a Director of the Corporation and Richard Meschke as Vice President - Legal and Corporate Development of the Corporation. Kent and Meschke have recently served as consultants to Silver Stream, assisting with the capital restructuring of the Company and the conversion of the Company's debt into common shares as well as reviewing and advising on the Company's projects and property option agreements. In accepting the Chairman's role of Silver Stream, Kent is re-joining several former colleagues in the management team of the Company. Silver Stream Eliminates Substantially All Debt and Reports on Recent Activities
Marketwired - Thu Mar 26, 10:39AM CDT
Silver Stream Mining Corporation ("Silver Stream"
(OTCQB: AGSM) is pleased to report that during the past seven months the Company has eliminated $7.5 million of debt and future liabilities from its accounts, substantially eliminating all debt and major liabilities. On August 27th, 2014 the Company terminated its option agreement on the Metates Property in Mexico, effectively eliminating $1,050,000 of payment liabilities and $3,400,000 of future option payments. The Definitive Agreement with Redstone Resources was terminated after completing the required $500,000 of payments to complete the first tranche of investment in the Zonia property, giving Silver Stream a 5.8% interest in Redstone and eliminating future obligations. Recently, Silver Stream finalized the exchange of $3,067,227.39 in debt for an agreed to 20% (or less) payment in shares at $0.01. A total of 59,848,981 shares were issued in exchange for the debt. As of today, Silver Stream has effectively less than $50,000 owing in payables, 109,705,611 shares outstanding and no long or short term liabilities. 
