Business

Southern Silver Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2023) - Southern Silver Exploration Corp. ...

articleSouthern Silver Exploration Corp.May 1, 20234/company/southern-silver-exploration-corp/news/southern-silver-announces-the-extension-of-the-expiry-date-of-certain-common-share-purchase-warrants
Southern Silver Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants

About this update from Southern Silver Exploration Corp.

[{"type":"text","content":"Southern Silver Announces the Extension of the Expiry Date of Certain Common Share Purchase WarrantsVancouver, British Columbia--(Newsfile Corp. - May 1, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) (the \"Company\" or \"Southern Silver\") announces that it intends to apply to the TSX Venture Exchange (\"TSXV\") for approval to extend the original expiry dates of an aggregate 37,300,477 share purchase warrants (the \"Warrants\") as follows: Number of WarrantsExercise Price per ShareClosing Date of Private Placement Original Expiry DateProposed Amended Expiry Date15,597,500$0.35August 14, 2020August 14, 2023August 14, 20258,502,977$0.38August 14, 2020August 14, 2023August 14, 20251,200,000$0.50September 11, 2020September 11, 2023September 11, 20259,000,000$0.75June 16, 2021June 16, 2023June 16, 20263,000,000$0.75June 21, 2021June 21, 2023June 21, 2026 All other terms and conditions of the Warrants will remain the same. In accordance with TSXV policies, warrants issued as compensation to brokers and finders will not be extended. The proposed amendments are subject to TSXV approval. About Southern Silver Exploration Corp.Southern Silver Exploration Corp. is an exploration and development company with a focus on the identification of world-class mineral deposits in major jurisdictions, advancing them either directly or through joint-venture relationships. Our specific emphasis is on advancing the 100% owned Cerro Las Minitas project, one of the world's largest undeveloped silver-lead-zinc deposits, to a production decision. Southern Silver has assembled a team of highly experienced technical, operational and transactional professionals to support our efforts in developing (recent robust PEA and updated Mineral Resource) the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine. Our property portfolio also includes the Oro porphyry copper-gold project where a diamond drill program is underway and the Hermanas gold-silver vein project where permitting applications for the conduct of a drill program is underway; both are located in southern New Mexico, USA.On behalf of the Board of Directors\"Lawrence Page\"Lawrence Page, K.C.President & Director, Southern Silver Exploration Corp.For further information, please visit Southern Silver's website at southernsilverexploration.com or contact us at 604....

More updates from Southern Silver Exploration Corp.