/biz/ - Business & Finance

>>26250093

>Or, if you decide that you can wait a couple years, many mining companies may start to issue shareholder dividends, and some could provide the option for shareholders to receive their dividend in physical silver.

In early 2020, Bayhorse Silver actually afforded this opportunity. They issued a PP at $0.05 per share which involved a "silver option" (i. e. physical silver dividend).

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https://ceo.ca/@newsfile/bayhorse-amends-terms-of-7500000-unit-non-brokered

"The Silver Option may only be exercised after the Company successfully mines and processes silver from the Bayhorse property prior to the maturity date of the Warrants, provided that the Company, at its sole discretion, delivers written notice to each Warrant holder that they shall have the right to receive payment in kind by delivery of physical ounces of silver; and
The exercise of the Silver Option is subject to a minimum of five thousand (5,000) Warrants (25 ounces of silver)

In addition to any other exemption available to the Company, participation in the non-brokered financing is also open to all existing shareholders, even if not accredited investors, under the "existing shareholder" exemption of National Instrument 45-106 as promulgated in Multilateral CSA notice 45-313 in participating jurisdictions."

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Hope that similar opportunities are afforded as this bull market progresses. Resolute Mining issued physical gold dividends in 2016, so they showed that it can be done in the modern age.

https://www.cnbc.com/2016/08/30/australias-resolute-mining-to-pay-its-dividends-in-gold.html