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Southern Silver Exploration ( (TSE:SSV) ) has provided an announcement.
Southern Silver Exploration Corp. has increased its non-brokered private placement from $2,520,000 to $3,000,000 due to heightened interest, comprising 16,666,667 units at $0.18 per unit. The proceeds will be used to advance the Cerro Las Minitas project in Durango, Mexico, focusing on drilling, studying potential project enhancements, and derisking efforts. This development reinforces the company’s commitment to enhancing its project portfolio and improving its operational standing in a mining-friendly jurisdiction.
More about Southern Silver Exploration
Southern Silver Exploration Corp. is an exploration and development company focusing on the discovery of world-class mineral deposits in major jurisdictions, primarily through its 100% owned Cerro Las Minitas silver-lead-zinc project in Mexico’s Faja de Plata. The company aims to develop the Cerro Las Minitas project into a premier, high-grade mine, supported by a team of experienced professionals.
YTD Price Performance: 20.0%
Average Trading Volume: 232,671
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$74.26M
See more data about SSV stock on TipRanks’ Stock Analysis page.
