tiprankstipranks
Company Announcements

Southern Silver Expands Private Placement to Advance Mexican Project

Story Highlights
Southern Silver Expands Private Placement to Advance Mexican Project

The latest announcement is out from Southern Silver Exploration ( (TSE:SSV) ).

Southern Silver Exploration Corp. has increased its non-brokered private placement from $3 million to $3.6 million, comprising 20 million units at $0.18 per unit. The proceeds will support the advancement of the Cerro Las Minitas project in Mexico and general corporate purposes, highlighting the company’s strategic focus on enhancing its mineral exploration efforts.

More about Southern Silver Exploration

Southern Silver Exploration Corp. is an exploration and development company focused on discovering world-class mineral deposits in key jurisdictions. The company’s main project is the Cerro Las Minitas silver-lead-zinc project in Mexico, with additional interests in the Nazas property and projects in New Mexico, USA.

YTD Price Performance: 20.0%

Average Trading Volume: 232,671

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$74.26M

See more insights into SSV stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App