Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 4, 2020: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough, Gina Jones and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver's [...]
Southern Silver Exploration Corp. plans to issue up to 1,200,000 units in a non- brokered private placement at a price of $0.38 per Unit to raise $456,000. Each Unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.50 per share. Net proceeds from the private placement will be used [...]
Southern Silver Exploration Corp. reports that, in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it has closed the C$10 Million brokered offering of subscription receipts and has issued a total of 50,000,000 Brokered Subscription Receipts at a price of C$0.20 per Brokered Subscription Receipt for gross [...]
Southern Silver Exploration Corp. reports that the previously announced brokered offering of subscription receipts to be issued at the price of C$0.20 per Subscription Receipt, has been fully subscribed for aggregate gross proceeds of C$10,000,000 and it is anticipated to close on or about July 31, 2020. In conjunction with a previously announced Transaction to acquire an additional 60% indirect working interest in the [...]
Southern Silver Exploration Corp. announces that in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company in a fully marketed private placement at a price of C$0.20 for gross proceeds of a minimum of C$7,000,000 . Southern Silver has [...]
Southern Silver Exploration Corp. reported today that the Company has executed an agreement with Electrum Global Holdings L. P. to purchase Electrum's 60% indirect working interest in the Cerro Las Minitas Project in Durango, Mexico for payment of US$15 million, payable in cash and Southern Silver common shares. The purchase of such working interest will increase the Company's working interest in the Project from 40% to [...]
Southern Silver Exploration Corp. announces that the TSX Venture Exchange has approved the extension of the expiry date of certain of the Company's outstanding common share purchase warrants for an additional two years. The new expiry date of these Warrants will be June 13, 2022, August 31, 2022 and September 29, 2022. Each warrant is exercisable to purchase one common share of Southern Silver for a price of $0.55 per [...]
Southern Silver Exploration Corp. has entered into an agreement with Monarca Minerals Inc. to purchase the El Sol mineral claim in Durango, Mexico. The claim is situated contiguous with Southern Silver's Cerro Las Minitas mineral property, operated as a joint venture between Southern Silver and Electrum Global Holdings LP. The purchase is solely for the account of Southern Silver and the claim will not form a part of the [...]
Southern Silver Exploration Corp. reports that it has retained Red Cloud Financial Services Inc. to provide the Company with capital markets advisory services for a monthly fee and a transaction fee. Red Cloud is a "new concept" capital markets advisory firm dedicated to the mining sector. It uses its global network of capital markets specialists and extensive experience in the many facets of the business to help [...]
Southern Silver Exploration Corp. reported today that the company continues to de-risk the Cerro Las Minitas project with the completion of the latest round of metallurgical test work. Results confirmed a sequential process flowsheet able to produce marketable copper, lead and zinc concentrates from a representative composite of the Skarn Front deposit, significantly increasing the marketability and projected value of the [...]
Southern Silver Exploration Corp. is pleased to announce the appointment of Gina Jones to the board of directors. Gina is the Chief Financial Officer and Chief Compliance Officer of PenderFund Capital Management Ltd. Previously, Gina was the Chief Operating Officer and Chief Financial Officer of an independent brokerage firm in Vancouver, as well as CFO for its US parent. Prior to that, Gina was CFO at two Vancouver [...]
Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 30, 2019: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver's rolling incentive [...]
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