VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2015) - Southern Silver Exploration Corp. (the "Company" or "Southern Silver") (TSX VENTURE:SSV)(FRANKFURT:SEG) is proposing to raise up to CDN$1,000,000 by way of a non-brokered private placement (the "Offering") of units of the Company ("Units"), each Unit consisting of one common share without par value in the capital of the Company (a "Share") and one common share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2015) - Earn-in Agreement Southern Silver Exploration Corp. (the "Company" or "Southern Silver") (TSX VENTURE:SSV)(FRANKFURT:SEG) has granted Electrum Global Holdings L.P. ("Electrum") the right to earn an indirect 60% interest in the Cerro Las Minitas property in Durango, Mexico ("Property") by funding exploration and development expenditures of US$5 million on the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 26, 2015) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) ("Southern Silver" or the "Company") reports that it has issued six million shares to Radius Gold Inc. ("Radius") to satisfy a conversion notice from Radius electing to receive the shares in satisfaction of $300,000 of debt owed by Southern Silver to Radius pursuant to a loan agreement dated [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 11, 2015) - Southern Silver Exploration Corp. ("Southern Silver" or the "Company") (TSX VENTURE:SSV)(FRANKFURT:SEG) reports that it has closed the final tranche of its private placement by issuing 1,810,000 units at a price of $0.08 per unit to raise $144,800. Each unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 6, 2015) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) ("Southern Silver" or the "Company") reports that: Equity raise: A Unit Offering of 20 million Units priced at $0.08 per Unit has been fully subscribed and the first tranche of $1,455,200 has closed with the balance of $144,800 expected to close prior to March 13, 2015. Electrum Global Holdings [...]
Southern Silver Exploration plans to issue up to 20,000,000 Units in a non-brokered private placement at a price of $0.08 per Unit to raise proceeds of $1,600,000. 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 five years at an exercise price of $0.08 per share.
The private placement is subject to acceptance [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 20, 2014) - Southern Silver Exploration Corp. ("Southern Silver" or the "Company") (TSX VENTURE:SSV)(FRANKFURT:SEG) reported today that it has entered into a loan facility arrangement with Radius Gold Inc. ("Radius") to borrow $CDN 800,000 to fund the final payments of $USD 600,000 to fully exercise its option to acquire the Cerro Las Minitas mineral claims in Durango [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 29, 2014) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) ("Southern Silver" or the "Company") reported today on the status of the Cerro Las Minitas property. As recently reported, Freeport McMoRan Exploration Corporation ("FMEC") relinquished its option to earn an indirect interest in the Cerro Las Minitas project after having spent $5.5 million on [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2014) - Southern Silver Exploration Corp. ("Southern Silver" or the "Company") (TSX VENTURE:SSV)(FRANKFURT:SEG) reported today details of a capital consolidation of the Company and on the status of the Cerro Las Minitas option agreement. Capital Consolidation: The board of directors has approved a capital consolidation of the Company's issued and outstanding common [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 5, 2014) - Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE:SSV)(FRANKFURT:SEG) reports that Desert Star Resources Ltd. has elected to relinquish its option on the gold-silver-copper Oro project. Southern Silver owns an unencumbered 100% interest in the project subject to a 2% NSR payable to the vendor. Two drill targets have been identified on the Oro [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 9, 2014) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) ("Southern Silver") reported today that Freeport-McMoRan Exploration Corporation ("FMEC") has provided Southern Silver with $570,000, of which $290,000, including applicable taxes, was utilized to pay the May 18, 2014 option payment to the optionor of the Cerro Las Minitas mineral concessions ("CLM [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 24, 2014) - Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE:SSV)(FRANKFURT:SEG) reported today that equipment has mobilized and a new phase of diamond drilling has started on the Cerro Las Minitas Project, Durango Mexico. Freeport-McMoRan Exploration Corporation (FMEC) continues to finance Southern Silver's exploration on the property and provide input on [...]