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Southern Silver Exploration Corp (SSV.V)

SSV.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Southern Silver announces brokered private placement with Gravitas Securities
Thursday, 18 May 2017 04:04pm EDT 

May 18 (Reuters) - Southern Silver Exploration Corp :Southern Silver announces brokered private placement with Gravitas Securities.Plans to issue up to 12,500,000 units in a brokered private placement at a price of $0.40 per unit.  Full Article

Southern Silver Announces Equity Financing
Tuesday, 16 Feb 2016 09:30am EST 

Southern Silver Exploration Corp:plans to issue up to 12,000,000 units in a non-brokered private placement at a price of $0.05 per Unit to raise $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.Southern Silver has arranged an initial subscription from Electrum Global Holdings L.P. ("Electrum") to purchase 6,000,000 units.Net proceeds from the private placement will be used for working capital and costs associated with claim maintenance, permitting and other exploration expenses.Specifically, some proceeds will be applied towards the assessment of the Oro property in New Mexico.Surface exploration consisting of prospecting and trenching is planned to resolve targeting prior to permitting the next phase of drilling on the project.  Full Article

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