Southern Silver Reports on Equity Raise and Announces Additional C$4 Million Equity Raise
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Southern Silver Exploration Corp. ("Southern Silver" or the "Company") reports that the previously announced brokered offering of subscription receipts (the "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 (as...
2020-07-28 11:16 AM EDT
Southern Silver Announces C$7 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (SSE: SSVCL) ("Southern Silver" or the "Company") announces that in conjunction with the previously announced Transaction (as defined below) to acquire an additional 60% indirect working interest (for a 100% indirect ownership) in the Company's flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company...
2020-06-22 10:00 AM EDT
Southern Silver Announces Transformative Transaction to Acquire 100% of its Flagship Cerro Las Minitas Silver Project
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (SSE: SSVCL) (the "Company" or "Southern Silver") reported today that the Company has executed an agreement (the "Agreement") with Electrum Global Holdings L. P. ("Electrum") to purchase Electrum's 60% indirect working interest in the Cerro Las Minitas Project (the "CLM Project") in Durango, Mexico for payment of US$15 million, payable in cash and Southern...
2020-06-22 9:30 AM EDT
Southern Silver Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") 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 (the "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...
2020-05-26 7:01 PM EDT
Southern Silver Announces Acquisition of El Sol Claim; Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") 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...
2020-04-03 9:30 AM EDT
Southern Silver Retains Red Cloud Financial Services Inc. as Capital Markets Advisor
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company") reports that it has retained Red Cloud Financial Services Inc. ("Red Cloud") 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...
2020-01-30 11:37 AM EST
Southern Silver Increases Value of Concentrates in Locked-cycle Test work
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") 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...
2020-01-16 9:00 AM EST
Southern Silver Appoints Director
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (CI: SSVCL) (the "Company") 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...
2019-12-20 12:02 PM EST
Southern Silver Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") 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...
2019-10-01 9:30 AM EDT
Southern Silver Closes Final Tranche of Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the final tranche of its previously reported private placement by issuing 5,530,000 units at a price of $0.20 per unit for gross proceeds of $1,106,000. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.25 per...
2019-09-05 9:30 AM EDT
Southern Silver Closes First Tranche of Over-Subscribed Financing
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the first tranche of its previously reported non-brokered private placement by issuing 15,502,500 units at a price of $0.20 per unit for gross proceeds of $3,100,500. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of five years at an exercise price...
2019-08-14 9:30 AM EDT
Southern Silver Increases Previously Announced Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") announces that due to increased interest the previously announced $2,000,000 private placement has been increased to $3,000,000. The Company now plans to issue up to 15,000,000 units ("Units") in the non-brokered private placement at a price of $0.20 per Unit for gross proceeds of $3,000,000. Each Unit will consist of one common share and one share purchase...
2019-07-24 4:23 PM EDT
Southern Silver Announces Equity Financing and Warrant Exercise
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") plans to issue up to 10,000,000 units ("Units" or "Offering") in a non- brokered private placement at a price of $0.20 per Unit to raise $2,000,000. 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 $0.25 per share....
2019-07-24 9:30 AM EDT
Technical Report on CLM Project Provides Increased Silver, Lead and Zinc Grade and Tonnage Estimates
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern") reported today that it has filed a technical report ("Report") prepared in accordance with Canadian Securities Administrators' National Instrument 43-101. The Report may be found under the Company's profile at www.sedar.com and on Southern's website, www.southernsilverexploration.com. The Report, dated June 24th, 2019, entitled "NI 43-101 Technical Report, Mineral...
2019-06-24 1:58 PM EDT
Southern Silver Increases Mineral Resource at Cerro Las Mintas to
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern") reports that Kirkham Geosystems Ltd. ("KGL") has completed an update of its independent Mineral Resource Estimate on the Cerro Las Minitas ("CLM") project in Durango State, Mexico, operated on a joint venture basis by Southern(40%) as operator and Electrum Global Holdings LP(60%). Resource Model Highlights Compared to the 2018 Mineral Resource estimate, the 2019 update, at...
2019-05-09 9:30 AM EDT
Southern Silver Intersects 2.0m averaging 409g/t Ag, 0.9% Cu, 0.8% Pb and 8.4% Zn (871g/t AgEq; 24.6% ZnEq) in Drilling at Cerro Las Minitas
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today final results from the 2018 core drilling exploration program on the Cerro Las Minitas project. Twenty-one drill holes totaling 10,157 metres were completed in both the Area of the Cerro and various other targets in the more recently acquired Ag-Au epithermal CLM West claim group. Eleven core holes totaling 6,632 metres were completed in the Area...
2019-02-28 9:30 AM EST
Southern Silver Extends High-Grade Mineralization in North Skarn Target with an 3.4m Intercept of 191g/t Ag, 0.9% Cu, 3.7% Pb and 9.4% Zn (747g/t AgEq; 21.1% ZnEq)
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2018) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today that four additional drill holes have now been completed on the North Skarn Target as part of the 12,000 metre core hole program at Cerro Las Minitas which successfully extended shallow Skarn Front mineralization laterally from the historic Santo Nino mine and identified several new mineralized intercepts that may form extensions of the El Sol...
2018-10-29 9:30 AM EDT
Southern Silver Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2018) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported that the following directors were re-elected at its annual general meeting held on September 27, 2018: 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...
2018-09-27 6:56 PM EDT
Southern Silver Substantially Increases Zinc Recoveries and Grades in New Metallurgical Test Results; Generates Separate Copper Concentrate
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today that additional metallurgical test work on the Skarn Front deposit from the Cerro Las Minitas Project has resulted in both the successful separation of a potential "saleable grade" copper concentrate as well as the generation of a cleaner zinc concentrate grading above 50% zinc without sacrificing zinc, lead or silver recoveries. This most...
2018-09-19 9:30 AM EDT
Southern Silver Continues to Extend High-Grade Mineralization at Cerro Las Minitas with an 18.9m Intercept of 260g/t Ag, 0.18% Cu, 0.9% Pb and 0.1% Zn (317g/t AgEq; 8.9% ZnEq)
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2018) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today assay results from initial drilling on its 12,000 metre 2018 core drilling program on the Cerro Las Minitas project, Durango State, Mexico which included a thick interval of strongly silver-enriched sulphide mineralization in drill hole 18CLM-110. Highlights for drill hole 18CLM-110 include: an 18.9m down hole interval (15.1m est. True Thickness)...
2018-09-06 9:30 AM EDT