Southern Silver Exploration Corp.

Southern Silver Exploration Corp. announces that in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company in a fully marketed private placement at a price of C$0.20 for gross proceeds of a minimum of C$7,000,000 . Southern Silver has [...]

Southern Silver Exploration Corp. reported today that the Company has executed an agreement with Electrum Global Holdings L. P. to purchase Electrum's 60% indirect working interest in the Cerro Las Minitas Project in Durango, Mexico for payment of US$15 million, payable in cash and Southern Silver common shares. The purchase of such working interest will increase the Company's working interest in the Project from 40% to [...]

Southern Silver Exploration Corp. 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 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 common share of Southern Silver for a price of $0.55 per [...]

Southern Silver Exploration Corp. 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 and the claim will not form a part of the [...]

Southern Silver Exploration Corp. reports that it has retained Red Cloud Financial Services Inc. 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 facets of the business to help [...]

Southern Silver Exploration Corp. 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 and projected value of the [...]

Southern Silver Exploration Corp. 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 its US parent. Prior to that, Gina was CFO at two Vancouver [...]

Southern Silver Exploration Corp. 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 Silver's rolling incentive [...]

Southern Silver Exploration Corp. 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 common share. Securities issued pursuant to [...]

Southern Silver Exploration Corp. 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 of $0.25 per share. Securities issued [...]