SilverCrest Closes Private Placement for $749,988

SilverCrest Metals_ 2018

ANCOUVER, BC – January 18, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to report that the non-brokered private placement of $749,988 announced January 3, 2018 with Christopher Ritchie has completed. The private placement, which closed on January 17, 2018, is comprised of 451,800 units at a price of Cdn$1.66 per unit for gross proceeds of Cdn$749,988.  Each unit consists of one common share and one?half of one common share purchase warrant, with each whole warrant being exercisable for one common share of SilverCrest at a price of Cdn$2.29 per share for a term of two years.  No finder’s fee was paid in connection with this placement.

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