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10% holder buying at Southern Silver Expl Corp (V:SSV)

Updated Wednesday Jun 14, 2017 01:34 AM EDT

Electrum Global Holdings L.P., a 10% Holder, acquired 4,500,000 Common Shares at a price of $0.400 and 4,500,000 Warrants exercisable at $0.550 until June 13, 2020 on a direct ownership basis through a prospectus or prospectus exempt offering on June 13th, 2017. This represents a $1,800,000 investment into the company's shares and an account share holdings change of 14.6%.

Southern Silver Expl Corp is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Southern Silver Exploration Corp. is an exploration-stage company. The Company's principal business activities include the acquisition, exploration and development of natural resource properties for enhancement of value and disposition pursuant to sales agreements or development by way of third-party option and/or joint venture agreements. Its properties include Cerro Las Minitas and Oro. The Cerro Las Minitas property is a silver-lead-zinc property, which is located over 70 kilometers to the northeast of the city of Durango in Durango State, Mexico. The Cerro Las Minitas property comprises over 20 concessions totaling approximately 13,700 hectares. The Oro property is a gold-silver-copper-lead-zinc property, which is located approximately 80 kilometers southwest of the Silver City porphyry copper district. The Oro property comprises a contiguous block of Federal, State and private land totaling over 11.8 square kilometers in the Eureka mining district in Grant County, New Mexico.

INK Edge Outlook

CONDITIONS:
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6 months ago
1 year ago
Overall
N/A
Cloudy
Mixed
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Go to Southern Silver Exploration Corp. (SSV)'s company page

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Southern Silver Exploration Corp.

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