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Southern Silver Closes Second Tranche of Previously Announced Private Placement

Southern Silver Closes Second Tranche of Previously Announced Private Placement

南方白銀完成先前宣佈的第二批定向增發
newsfile ·  08/13 09:31

Vancouver, British Columbia--(Newsfile Corp. - August 13, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the second tranche of its previously reported non-brokered private placement by issuing 5,911,500 units at a price of $0.22 per unit for gross proceeds of $1,300,530. The Company has now closed two tranches for a total of 15,420,478 units for gross proceeds of $3,392,505. At final closing, the Company plans to issue up to 20,454,546 units in the non-brokered private placement (the "Offering") at a price of $0.22 per unit for gross proceeds of $4.5 million. Each unit will consist of one common share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.30.

加拿大不列顛哥倫比亞省溫哥華-(新聞稿公司-2024年8月13日)-南方白銀勘探有限公司(TSXV:SSV)(「Southern Silver」或「公司」)通過以每單位0.22美元的價格發行了5,911,500單位,募集了1,300,530美元,完成了先前報告的非經紀人私募定向增發的二期。公司已經完成了兩個階段,共發行了15,420,478個單位,募集了3,392,505美元。公司計劃在最終的發行中以每單位0.22美元的價格發行多達20,454,546個單位,並募集450萬美元。每個單位由一股普通股和半個認股權證組成。每個完整的認股權證使持有人有權在3年內以0.30美元的價格購買一股普通股。

In connection with the Offering, the Company paid finders' fees totalling $7,920 and issued an aggregate 36,000 non-transferable finder warrants for the second tranche, with each finder warrant exercisable to purchase one common share for a period of 3 years at a price of $0.30 per share. All securities issued and sold under the second tranche are subject to a hold period expiring December 13, 2024. The Offering and the payment of finders' fees is subject to TSX Venture Exchange acceptance.

與增發有關,公司支付了總計7,920美元的中介費,併爲第二階段發行發行了總計36,000份不可轉讓的中介認股權證,每個中介認股權證有權以0.30美元的價格購買一股普通股,在3年內行使。 第二階段發行的所有證券均受到持有期的限制,持有期將於2024年12月13日到期。 增發和支付中介費需經TSX Venture Exchange同意。

Net proceeds from the private placement will be used for the continued development of the Cerro Las Minitas (CLM) property, Durango, Mexico and for working capital. Specifically, the Company plans to initiate a program of resource expansion of up to 6000m of drilling in 11 holes to test shallow targets along the north side of the Cerro between the North Felsite and Skarn Front deposits. Drilling will start in early September. Work continues to de-risk the project through the initiation of base-line studies and continued social engagement.

本次定向增發所募集的淨收益將用於開發墨西哥德蘭戈州Cerro Las Minitas (CLM)物業以及工作資本。具體來說,該公司計劃啓動一項多達600萬美元的資源擴張項目,對 Cerro 的北側沿 North Felsite 和 Skarn Front 礦牀之間的淺層目標進行11個鑽孔的鑽探。這項工作將於9月初開始。該項目的去風險化工作將通過啓動基線研究和持續社會參與來繼續推進。

As currently modelled, the CLM project features a large-Scale underground mining operation with robust project economics and high gross revenues in a well located and mining friendly jurisdiction in southeast Durango, Mexico.

按照目前的模型,CLm項目在墨西哥東南部的杜蘭戈州擁有一個大規模的地下采礦控件,具有強大的項目經濟和高毛收入,並且位於礦業友好背景,地理位置優越的地區。

For more information on the details of the current economic assessment of the Cerro Las Minitas Project please refer to news release NR-01-24 dated June 10, 2024.

有關Cerro Las Minitas項目當前經濟評估的詳細信息,請參閱新聞稿資訊 NR-01-24,日期爲2024年6月10日。

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the units, nor was there any sale of the units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The units offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.

本新聞發佈不構成出售或要約購買股票,也不存在任何市場可以非法出售、招募或出售股票的情況。所提供的股票未在美國1933年證券法修正案下注冊,可能不能在美國內還是以美國人的身份出售。

About Southern Silver Exploration Corp.

關於南方銀探險公司

Southern Silver Exploration Corp. is an exploration and development company with a focus on the discovery of world-class mineral deposits either directly or through joint-venture relationships in mineral properties in major jurisdictions. Our specific emphasis is the 100% owned Cerro Las Minitas silver-lead-zinc project located in the heart of Mexico's Faja de Plata, which hosts multiple world-class mineral deposits such as Penasquito, Los Gatos, San Martin, Naica and Pitarrilla. We have assembled a team of highly experienced technical, operational and transactional professionals to support our exploration efforts in developing 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 and the Hermanas gold-silver vein project where permitting applications for the conduct of a drill program is underway, both located in southern New Mexico, USA.

南方銀探險公司是一家專注於在主要司法轄區中直接或通過合資關係發現世界級礦產礦牀的勘探和開發公司。我們特別關注位於墨西哥Faja de Plata的100%擁有 Cerro Las Minitas 銀鉛鋅項目,該項目擁有多個世界級礦產礦牀,如 Penasquito,Los Gatos,San Martin,Naica和Pitarrilla。我們聚集了一支由高經驗技術、運營和交易專業人士組成的團隊,支持我們將 Cerro Las Minitas 項目開發成爲一座優秀的高品位銀鉛鋅礦。我們的財產組合還包括Oro斑岩銅金項目和 Hermanas 金銀脈礦項目,目前均在美國南部新墨西哥州進行鑽探許可申請。

Robert Macdonald, MSc. P.Geo, is a Qualified Person as defined by National Instrument 43-101 and supervised directly the collection of the data from the CLM Project that is reported in this disclosure and is responsible for the presentation of the technical information in this disclosure.

Robert Macdonald, MSc. P.Geo被NI 43-101定義爲合格人士,直接監督CLM項目數據的收集並負責在本報告中呈現技術信息。

On behalf of the Board of Directors

謹代表董事會

"Lawrence Page"
Lawrence Page, K.C.
President & Director, Southern Silver Exploration Corp.

"勞倫斯·佩奇"
勞倫斯·佩吉萬·C。
南方銀探險公司總裁兼董事

For further information, please visit Southern Silver's website at southernsilverexploration.com or contact us at 604.641.2759 or by email at corpdev@mnxltd.com .

欲了解更多信息,請訪問 Southern Silver 的網站 southernsilverexploration.com,或通過電子郵件corpdev@mnxltd.com與我們聯繫,電話號碼爲604.641.2759。

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TSX tsx Venture交易所及其監管服務提供商(如TSX Venture交易所的政策中所定義的那樣)不承擔此發佈的充分性或準確性的責任。

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Forward-looking statements in this news release include the planned 6,000 m drill program at the CLM property as well as plans to close a final tranche of the Offering. These statements are based on a number of assumptions, including, but not limited to, general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the Company's projects, and the availability of financing for the Company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions.

本新聞稿包含前瞻性聲明。前瞻性聲明涉及未來事件和條件,因此涉及固有的風險和不確定性。實際結果可能與此類聲明中目前預期的結果有所不同。本新聞稿中的前瞻性聲明包括計劃在CLm產權進行60萬美元的鑽探項目,以及計劃關閉增發的最後一期。這些聲明基於多項假設,包括但不限於總體經濟條件、利率、商品市場、公司項目的監管和政府批准以及公司開發項目的合理融資。導致實際結果與前瞻性聲明中所述結果有所不同的因素包括政府和監管機構批准的時間和接收以及資本和融資的繼續提供以及總體經濟、市場或業務狀況。

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不得向美國新聞社發佈此新聞稿或在美國傳播。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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