Resource Re Ltd. entered into an agreement to acquire Springer Mining Company from Silver Predator Corp. (TSXV:SPD) for $4 million on January 17, 2017. Resource Re Ltd., to exchange the remaining balance of $3.97-million in principal and interest due to Resource Re on an original promissory note of $4.5 million for 100% of the shares of Springer Mining Company. The transaction is subject to regulatory approvals including approval from TSX Venture Exchange. Resource Re Ltd. completed the acquisition of Springer Mining Company from Silver Predator Corp. (TSXV:SPD) on January 17, 2017.