Silver Eagle to change name to Nevada Organic Phosphate

Silver Eagle Mines Inc. (the "Company") (CSE:SEM) is pleased to announce that it has changed its name to Nevada Organic Phosphate Inc. to better reflect the business of the Company.

The Company's common shares are currently listed on the Canadian Securities Exchange under the symbol "SEM". As a result of the name change, the Company expects its common shares to commence trading under the new name and the new symbol "NOP" on or about May 9, 2023. The CSE is expected to publish a bulletin in due course confirming the effective date of the name change and new symbol for trading purposes. The CUSIP number assigned to the Company's common shares following the name change is 641394101 (ISIN CA6413941015).

ON BEHALF OF THE BOARD

"Robin Dow"

Contact Information

Robin Dow,

CEO

Email: robin@dowgroup.ca

Telephone: 604.355.9986

About Silver Eagle Mines Inc.

Silver Eagle Mines Inc. is a junior exploration company with an organic sedimentary raw rock phosphate bed, 8 one-fourth km long, in NE Nevada. The only organic sedimentary phosphate bed in North America, it is situated close to the main highway to Montello/Elko, NV, and the rail head to California.

Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release.

Forward Looking Statements

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Source

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