|By Marketwired .||
|January 9, 2014 08:30 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/09/14 -- United Silver Corp. (TSX: USC)(OTCQX: USCZF)(FRANKFURT: UM8) ("United Silver Corp", the "Company" or "USC") announced today that Duff & Phelps Canada Restructuring Inc. have been appointed as receivers of the assets and undertaking of the Company, effective immediately. The receivers were appointed in an order by Ontario, Canada Superior Court as a result of a court application of HUSC, LLC.
The Company also announces that its three directors and its officers have resigned, effective immediately. The Company has no remaining directors. The result of the appointment of a receiver and the resignation of its directors will result in a suspension of trading by the TSX Exchange, and loss of its listing.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.