Southern Silver Exploration Corp. purchased a 60% indirect working interest in the Cerro Las Minitas project located in Durango, Mexico from Electrum Global Holdings LP in September 2020 subject to a security pledge. The Company has now made the final payment to Electrum of US$2 million and issued 7,971,878 common shares equal to US$2 million and now holds a 100% interest in the CLM Project free of such security pledge [...]
Southern Silver Exploration Corp. is providing warrant exercise instructions for the two series of warrants dated September 11, 2020 which will increase in price on August 14, 2021. The warrants were issued in connection with a C$10 million brokered private placement of subscription receipts and a C$4 million non-brokered private placement of subscription receipts which both closed on August 14, 2020. Subscription [...]
Southern Silver Exploration Corp. reported today on further assay results from the Mina La Bocona target on the Cerro Las Minitas project, Durango, Mexico. These latest drill results are from the Huizache chimney, an area located approximately 80 metres to the northwest of the La Bocona and Mina Pina shafts along the eastern side of the Cerro and within the larger Mina La Bocona Target area. The newly released [...]
Southern Silver Exploration Corp. reports it has received approvals, pending posting of bonds, from the New Mexico Mining and Minerals Division, the New Mexico State Land Office, and the Bureau of Land Management for a six-hole diamond drilling program to test several copper porphyry and skarn targets at its wholly owned Oro property, located in southwestern New Mexico, USA. Posting of the required bonds is underway and [...]
Southern Silver Exploration Corp. reported today further assay results from the Cerro Las Minitas project, Durango, which continue to extend shallow, strongly silver-enriched sulphide mineralization in the South Skarn target area and identify significant silver and gold assays from the Huizache chimney at the Mina La Bocona target. The newly released polymetallic sulphide intercepts from the South Skarn target area [...]
Southern Silver Exploration Corp. reported today further assay results which continue to extend both shallow gold-silver enriched oxide mineralization and high-grade polymetallic sulphide mineralization at the South Skarn and Mina La Bocona target areas on the Cerro Las Minitas project, Durango, Mexico. Newly released polymetallic sulphide intercepts from the Mina La Bocona target area include: a 2.1 metre interval [...]
Southern Silver Exploration Corp. has closed the recently announced non-brokered private placement for 6,000,000 units at a price of $0.50 per Unit for gross proceeds of $3,000,000 . Each Unit consists of one common share and one half of one common share purchase warrant . Each Warrant is exercisable into one common share at a price of C$0.75 at any time on or before June 21, 2023. As a result of Southern Silver's [...]
Southern Silver Exploration Corp. announces the completion of its previously announced bought deal private placement, whereby the Company issued a total of 18,000,000 units of the Company at a price of C$0.50 per Unit for gross proceeds of C$9,000,000 . Due to significant investor demand, the size of the Bought Deal Private Placement was upsized from C$7,000,000. Red Cloud Securities Inc. acted as sole underwriter and [...]
Southern Silver Exploration Corp. announces that due to significant demand, it has amended its agreement with Red Cloud Securities Inc. to increase the size of its previously announced bought deal private placement to C$9,000,000 . Under the amended agreement, the Underwriter will purchase for resale 18,000,000 units of the Company at a price of C$0.50 per Unit . Each Unit shall be comprised of one common share in the [...]
Southern Silver Exploration Corp. announces that it has entered into an agreement with Red Cloud Securities Inc. to act as sole underwriter and bookrunner for the purchase for resale of 14,000,000 units of the Company at a price of C$0.50 per Unit on a "bought deal" basis under a private placement for gross proceeds of C$7,000,000 . Each Unit shall be comprised of one common share in the capital of the Company and one [...]
Southern Silver Exploration Corp. is pleased to announce that its shares of common stock will begin trading on the OTCQX Best Market, effective today, under the ticker symbol "SSVFF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade [...]
Southern Silver Exploration Corp. reported today that further assay results from the Mina La Bocona target area continues to extend both shallow gold-silver enriched oxide mineralization and high-grade polymetallic sulphide mineralization laterally and at depth at its Cerro Las Minitas project, Durango Mexico. Newly released polymetallic sulphide intercepts from the Mina La Bocona target area include: a 8.6 metre interval [...]
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