14:01:55 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Viscount Mining Corp
Symbol VML
Shares Issued 83,858,462
Close 2023-07-13 C$ 0.235
Market Cap C$ 19,706,739
Recent Sedar Documents

Viscount Mining notes start of Lux Silver sales

2023-07-14 10:29 ET - News Release

Mr. Jim MacKenzie reports

VISCOUNT MINING ANNOUNCES LUX PARTNERS COMMENCE SALES OF LUX SILVER

Viscount Mining Corp. has commenced revenue with the start of the sales of Lux Silver.

Lux Partners has successfully launched its Testnet and is engaged in rigorous production-level testing for its Mainnet deployment. This marks a significant milestone in Lux Partners' continuing commitment to drive innovation and efficiency in its operations. As of today, consumers interested in acquiring the world's first silver-backed non-fungible-token (NFT) can acquire them at Lux.Market.

Mainnet is a distributed, operational digital network that officially serves as the primary infrastructure for a particular cryptocurrency. Launching a mainnet is a critical milestone for the silver NFT blockchain project because it signifies the project is ready for public use and real-world transactions.

Zach Kelling, chief executive officer of Lux Partners, stated: "We are excited to announce our collaboration with Viscount Mining as the flagship project behind Lux Silver. This partnership is a testament to Lux Partners' confidence in the value and potential of the Silver Cliff project. On April 5, Lux and Viscount Mining entered into a one-of-a-kind silver-forward sales agreement to add up to five million ounces of silver to Lux Market. This will be the world's first silver-backed non-fungible-token (NFT). Based on today's price of silver this agreement has the potential to generate substantial sales revenue for Viscount."

Jim MacKenzie, CEO of Viscount Mining, stated: "We are looking forward to the monetization of our inground assets. We are currently working on innovative ways to bring additional shareholder value. This unique solution will provide non-dilutive capital which will allow us to accelerate the exploration and development of our projects."

About Viscount Mining Corp.

Viscount Mining is a project generator and an exploration company with a portfolio of silver and gold properties in the Western United States, including Silver Cliff in Colorado and Cherry Creek in Nevada.

We seek Safe Harbor.

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