VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/02/13 -- Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reports today that Freeport-McMoRan Exploration Corporation ("FMEC"), optionee of an indirect interest in the project, has provided details of 2012 exploration and 2013 proposed drilling programs.
Current plans are for a 3000-5000 metre core hole program to commence in [...]
Southern Silver Exploration reported that at its annual general meeting held on March 13, 2013 the following directors were re-elected: Lawrence Page, Q.C., Scott Hean, Terrence Eyton, D. Roger Scammell, Dale Janowsky and Nazlin Rahemtulla. The following officers were re-appointed subsequent to the annual general meeting: Lawrence Page, Q.C. as President, Mahesh Liyanage as Chief Financial Officer, and Arie Page as [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/28/13 -- Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) has closed the second tranche of its non-brokered private placement and, together with the first tranche closing on January 31, 2013 (see news release NR-04-13), Southern Silver has raised an aggregate $783,100 by the issuance of 15,662,000 units. The financing was [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/31/13 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver") has closed the first tranche of its previously reported (NR-01-13; January 16, 2013) non-brokered private placement by issuing 8,002,000 units at a price of $0.05 per unit for gross proceeds of $400,100. Each unit consists of one common share and one share purchase warrant [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/24/13 -- Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) announces that its board of directors has approved an advance notice policy (the "Policy") for the purpose of providing shareholders, directors and management of Southern Silver with a clear framework for nominating directors. The Policy is designed to further Southern [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) -
Oro property, New Mexico: This consolidated land package consists of patented claims, located claims and State leases. Southern Silver Exploration Corp. ("Southern Silver") has amended the option agreement for purchase of a 100% interest in the located claims by extending the last payment of [...]
Southern Silver Exploration plans to issue up to 15,000,000 units ("Units") in a non-brokered private placement at a price of $0.05 per Unit to raise $750,000. 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 $0.10 per share.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/10/12 -- Southern Silver Exploration Corp. (the "Company" or "Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reports that Freeport-McMoRan Exploration Corporation ("Freeport") has completed its due diligence under an Earn-In Agreement relating to the Cerro Las Minitas project in Durango, Mexico.
The Earn-In Agreement
In October the Company entered into an Earn-in [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/24/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) (the "Company" or "Southern Silver") has granted Freeport-McMoRan Exploration Corporation ("Freeport") the right to earn an indirect 70% interest in the Cerro Las Minitas property in Durango, Mexico by making staged purchase payments and funding exploration and development expenditures of $25 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/23/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) (the "Company" or "Southern Silver") has granted Freeport McMoRan Exploration Corporation the right to earn an indirect 70% interest in the Cerro Las Minitas property in Durango, Mexico by making staged purchase payments and funding exploration and development expenditures of $25 million on the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/17/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) (the "Company") reports that it has issued 96,000 bonus shares at a deemed price of $0.05 per share pursuant to two previously announced loan agreements which provide for loans of $48,000 to the Company (see news release NR-14-12). Atherton Enterprises Ltd., a company controlled by director [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/16/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) (the "Company") announces that it has entered into two loan agreements pursuant to which certain lenders (the "Lenders") will loan the Company an aggregate amount of $48,000 (the "Loans"). Each Loan is repayable on demand, provided that a Lender shall not make demand for repayment of its Loan [...]