NextPlat Corp — Director's Dealing 2014

Jan 22, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SILVER HORN MINING LTD. (SILV)
CIK: 0001058307
Period of Report: 2014-01-21

Reporting Person: AVERY PATRICK L (N/A)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$0.0001	2019-01-21	Common Stock ()		Direct

Footnotes

F1: On January 21, 2014, the Reporting Person was issued an option to purchase up to 7.5% of the outstanding common stock of the Issuer calculated on a post-Transaction pro forma basis at a per share price of $0.0001, which shall vest as follows: (i) 10% immediately on January 21, 2014, (ii) 45% on January 21, 2015 and (iii) the remaining 45% on January 21, 2016. "Transaction" is defined as (a) the consummation of a private placement of the Issuer's securities in which the Issuer receives gross proceeds of at least $1,000,000 and (b) the acquisition of at least fifty lease holdings in the Holbrook Basin in Arizona.