Southern Silver Exploration (TSE:SSV) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Southern Silver Exploration Corp. has successfully completed its third and final tranche of a $3.6 million financing round to advance the Cerro Las Minitas project in Durango, Mexico. The company raised over $3.6 million through the issuance of over 16 million units, with the net proceeds earmarked for drilling and development activities, as well as working capital. This strategic financial move aims to expand resources and advance the project towards becoming a high-grade, silver-lead-zinc mine in a mining-friendly jurisdiction.
For further insights into TSE:SSV stock, check out TipRanks’ Stock Analysis page.