Honey Badger Silver Inc. Launches Silver Royalty Subsidiary

Honey Badger Silver Inc. has announced the creation of a new subsidiary, Honey Badger Silver Royalty Inc. (HBSR). The subsidiary will receive a 2% net smelter return royalty on silver production from Honey Badger's existing projects. Notably, Honey Badger shareholders will own 100% of HBSR through their shares in the parent company.

The company is focusing on seven silver-rich projects in Canada, including the Clear Lake and Sunrise Lake projects, which hold significant historic silver resources. The plan is to develop these assets into a profitable silver investment, leveraging the anticipated global demand for silver.

Honey Badger's CEO, Dorian L. Nicol, highlighted the innovative business model of the company in building a substantial inventory of silver assets. They aim to capitalize on what they foresee as a promising market environment for silver.