# Silver Predator Corp. Settles Debt Obligation on $4.5 million Promissory Note Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-predator-corp-settles-debt-obligation-on-4-5-million-promissory-note--d1fae035-0623-4226-bd55-8a4699da1046 Original source: https://money.tmx.com/en/quote/SPD/news/5862078651490172/silver-predator-corp-settles-debt-obligation-on-4-5-million-promissory-note Publisher: tmx Original announcement: 2017-01-17T15:05:00.000Z 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: Silver - Secondary commodities: Gold - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-19 05:06:06 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Silver Predator Corp. has reached an agreement to settle a $3.97 million debt obligation by exchanging 100% of the shares of its Springer Mining Company subsidiary with Resource Re, Ltd. The company also restated historical silver resource estimates for its Taylor project in Nevada. Reasoning: The company successfully settled a significant debt obligation by exchanging a subsidiary for shares, significantly improving its balance sheet. The release also restates historical resource figures for the Taylor project. - Positive factor: Debt settlement via asset exchange - Positive factor: Extinguishment of $3.97 million debt - Positive factor: Resource disclosure for Taylor project - Negative factor: Stale resource data \(2013 report\) Facts used in scoring: 3 ## Classification and evidence **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Michael Maslowski, CPG, is named as the Qualified Person who reviewed and approved the technical information. Evidence · text > Mr. Michael Maslowski, CPG, a Qualified Person as defined by National Instrument 43-101... has reviewed, verified and approved disclosure **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The silver resource estimate cited is from a technical report dated March 18, 2013, which is significantly older than the release date. Evidence · text > NI 43-101 of the Taylor Silver Project... dated March 18, 2013 ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-corp-settles-debt-obligation-on-4-5-million-promissory-note--d1fae035-0623-4226-bd55-8a4699da1046#fact-resource-facts-1) Taylor silver-gold project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Taylor silver-gold project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: SPD #### Resource scope - Estimate type: resource - Resource group id: resource:725be26edbd1ea37e109 #### Resource Data - Category: indicated - Grade: 1.89 - Grade Unit: ounces per ton - Contained Metal: 16.8 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2013-03-18T00:00:00.000Z #### Dates - Event date: 2017-01-17T00:00:00.000Z Reasoning: Restatement of historical resource data from a 2013 report. - Positive factor: Significant silver ounces - Negative factor: Stale data Evidence · text > measured and indicated silver resource estimate of 16.8 million ounces of silver at an average grade of 1.89 ounces per ton #### 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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-corp-settles-debt-obligation-on-4-5-million-promissory-note--d1fae035-0623-4226-bd55-8a4699da1046#fact-resource-facts-2) Taylor silver-gold project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Taylor silver-gold project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: SPD #### Resource scope - Estimate type: resource - Resource group id: resource:30fcd4345e1a93ceaf42 #### Resource Data - Category: inferred - Grade: 2.3 - Grade Unit: ounces per ton - Contained Metal: 3900000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2013-03-18T00:00:00.000Z #### Dates - Event date: 2017-01-17T00:00:00.000Z Reasoning: Restatement of historical resource data from a 2013 report. - Negative factor: Stale data Evidence · text > inferred resource of 3.9 million silver ounces at 2.30 ounces per ton #### 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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.8 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.