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 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/15/12 -- Southern Silver Exploration Corp. (the "Company" or "Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, has extended the depth projection of high-grade silver-polymetallic mineralization in the Blind Zone deposit.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/31/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, continues to demonstrate near surface extensions of high-grade silver-polymetallic mineralization in the Blind Zone deposit. High-grade silver mineralization was also identified in a single drill [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/17/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, continues to identify thick intervals of high-grade silver-polymetallic mineralization at the Blind Zone deposit. A new zone of gold and copper mineralization has been identified in drill core at [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/01/12 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, continues to extend laterally and to depth, projections of the known mineralized structures at both the Blind Zone and El Sol deposits.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/23/12 -- Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) announces that it has closed the first tranche of its previously reported (NR-08-12; April 3, 2012) non-brokered private placement by issuing 6,627,000 units at a price of $0.10 per unit for gross proceeds of $662,700. Each unit consists of one common share and one share [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/03/12 -- Southern Silver Exploration Corp. (TSX VENTUE: SSV)(FRANKFURT: SEG) reported today that newly received assays results continue to extend both the on-strike and depth projection of high-grade silver-polymetallic mineralization at the Blind and El Sol zones on the Cerro Las Minitas project, located in Durango State, Mexico.
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