Athena Silver Enters Into Agreement to Acquire Advanced Stage Gold Exploration Project in Nevada

Aug 31, 2020

VACAVILLE, CA / ACCESSWIRE / August 31, 2020 / Athena Silver Corporation (OTCQB:AHNR) ("Athena") is pleased to announce that it has entered into a binding letter of intent ("LOI") with Nubian Resources Ltd. ("Nubian") (TSX VENTURE:NBR) for Athena to acquire Nubian's Excelsior Springs exploration project located in Esmeralda County, Nevada, USA ( "Excelsior Springs" or the "Property"). Nubian will retain a 1% NSR on the Property and Athena will have the right to purchase 0.5% for $500,000 and the remaining 0.5% at fair market value. The completion of the transaction is conditional upon Nubian obtaining the prior approval of the transaction from the TSX Venture Exchange (the "TSXV") and any other approvals required under applicable laws.

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