# Silver Predator Announces Private Placement

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-predator-announces-private-placement--ce82374d-6a50-4d4a-8443-31a0a0c4ada6

Original source: https://money.tmx.com/en/quote/SPD/news/58087095/silver-predator-announces-private-placement

Publisher: tmx

Original announcement: 2014-07-10T18:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Silver Predator Corp.

- Ticker: SPD

- Exchange: TSX

- Region: Nevada

- Primary commodity: Tungsten

- Secondary commodities: Silver, Gold

- Document categories: Resource update, Capital raise, Economic study

- Extracted: 2026-09-19 05:08:28 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Silver Predator Corp. has completed a non-brokered private placement of 19 million shares at $0.07 per share, raising $1.33 million. The proceeds are intended for the Springer tungsten mine and Taylor silver-gold project. The release also restates key findings from a 2013 Preliminary Economic Assessment for the Springer project.

Reasoning: The document announces a capital raise to fund development, while providing historical context via a PEA and a historical resource estimate.

- Positive factor: Successful non-brokered private placement

- Positive factor: Strategic insider participation by Till Capital Ltd.

- Positive factor: Existing PEA provides economic context for Springer project

- Negative factor: Proceeds are relatively small \($1.33M\) compared to project scale

- Negative factor: Historical resource estimate mentioned is unverified

Facts used in scoring: 5

## Classification and evidence

**capital\_raise**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The primary focus is a non-brokered private placement of 19,000,000 shares.

Evidence · text

> has arranged a non-brokered private placement of 19,000,000 common shares at $0.07 per share

**PEA Only**

Polarity: neutral

Definition: Only Class 4 / Initial Assessment economics available. Not bankable.

Why it applies: The document references a preliminary PEA for the Springer tungsten mine.

Evidence · text

> A preliminary PEA completed on current resources of 355,000 Indicated tons

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: A 1984 historical resource estimate is mentioned but noted as unverified by a QP.

Evidence · text

> A historical resource estimate of 10.7 Mt at 0.45% tungsten is based on data and reports prepared by the previous operators... The company has not completed the work necessary to have the historical estimate verified by a QP.

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Resource Estimates (3)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-announces-private-placement--ce82374d-6a50-4d4a-8443-31a0a0c4ada6#fact-resource-facts-2)

Springer Tungsten Mine · tungsten

#### Identity

- Project: Springer Tungsten Mine
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SPD

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:45c978056b2905267352

#### Resource Data

- Category: indicated
- Tonnes: 355000
- Grade: 0.537
- Grade Unit: %
- Contained Metal: 190635
- Contained Unit: stu's of wo 3

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2014-07-10T00:00:00.000Z

Reasoning: Restatement of Indicated resource from PEA.

Evidence · text

> 355,000 Indicated tons at an average grade of 0.537% containing 190,635 STU's of WO 3

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-announces-private-placement--ce82374d-6a50-4d4a-8443-31a0a0c4ada6#fact-resource-facts-3)

Springer Tungsten Mine · tungsten

#### Identity

- Project: Springer Tungsten Mine
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SPD

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:c94909e749e761aef34f

#### Resource Data

- Category: inferred
- Tonnes: 1933600
- Grade: 0.493
- Grade Unit: %
- Contained Metal: 952326
- Contained Unit: stu's of wo 3

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2014-07-10T00:00:00.000Z

Reasoning: Restatement of Inferred resource from PEA.

Evidence · text

> 1,933,600 Inferred tons at an average grade of 0.493% containing 952,326 STU's of WO 3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-announces-private-placement--ce82374d-6a50-4d4a-8443-31a0a0c4ada6#fact-resource-facts-4)

Springer Tungsten Mine · tungsten

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Springer Tungsten Mine
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SPD

#### Resource scope

- Estimate type: resource
- Resource group id: resource:8572546082707ec7c068

#### Resource Data

- Category: inferred
- Tonnes: 10700000
- Grade: 0.45
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 1984-01-01T00:00:00.000Z

#### Dates

- Event date: 2014-07-10T00:00:00.000Z

Reasoning: Historical estimate from 1984, explicitly stated as not to be relied upon.

- Negative factor: Unverified by QP

Evidence · text

> A historical resource estimate of 10.7 Mt at 0.45% tungsten is based on data and reports prepared by the previous operators... The company has not completed the work necessary to have the historical estimate verified by a QP.

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 30.5 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
