Eric Sprott, a 10% Holder, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $1.000 through a prospectus or prospectus exempt offering on February 19th, 2021. He also acquired 1,000,000 Warrants with an exercise price of $1.750 for 24 months. This represents a $2,000,000 investment into the company's shares and an account share holdings change of 22.2%.
Summa Silver is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Summa Silver Corp, formerly Pinnacle North Gold Corp, is a Canada-based junior mining, exploration and development company. The Company's principal business is exploration for and development of base and precious mineral resources in the Vernon Mining Division in south-central British Columbia. The Company focuses on The Donna property. The Donna property is centered on Monashee and Yeoward Mountains at the headwaters of the Kettle River, located in the Vernon Mining Division in south-central British Columbia approximately 63 kilometers southeast of the City of Vernon. The Donna property is comprised of approximately 18 claim blocks totaling approximately 10,022 hectares. The Donna property covers gold-silver mineral occurrence.
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