SILVER HILL MINES, INC. (NYSEMKT:LODE) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02 Unregistered Sale of Equity Securities
On November 3rd, 2016, the Company authorized the issuance of one hundred and fifty thousand (150,000) common shares to Infinite Grounds LLC, 5852 North 7th Street, Philadelphia, PA 19120 for services rendered at a value of $0.25 per share or $37,500, and one hundred thousand (100,000) common shares to Julette Zamichieli, 1313 West Roosevelt Blvd., Philadelphia, PA 19140 for services rendered of $0.25 per share or $25,000.
Item 8.01 – Other Items
On August 31st, 2016, the company’s Air In Line device was granted a Patent by the European Union and on October 28th, 2016, the Patent was granted for the United States.
About SILVER HILL MINES, INC. (NYSEMKT:LODE)
Comstock Mining Inc. is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining. The real estate segment consists of land, real estate rental properties, and a hotel, restaurant and bar provided by the Gold Hill Hotel. The Comstock District is located within the western portion of the Basin and Range Province of Nevada, between Reno and Carson City. The Lucerne Resource area is located in Storey County, Nevada, approximately three miles south of Virginia City and over 30 miles southeast of Reno. Its Dayton Resource area is located in Lyon County, Nevada, approximately six miles south of Virginia City. The Company also owns various non-mining properties, including Daney Ranch, the Gold Hill Hotel, and related homes and cottages. SILVER HILL MINES, INC. (NYSEMKT:LODE) Recent Trading Information
SILVER HILL MINES, INC. (NYSEMKT:LODE) closed its last trading session down -0.012 at 0.223 with 456,407 shares trading hands.