Southern Silver Exploration Corp. (TSX-V: SSV) has closed its second tranche of the previously announced private placement, which consisted of 3,590,000 units for proceeds Cdn$359,000. The company had previously announced they had closed the first tranche of the private placement which contained 14,570,000 units for an aggregate of Cdn$1,457,000.
Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.
Sign Up Today for our Penny Stock Newsletter
The private placement was oversubscribed for and the company had issued a total of 18.16 million units for gross proceeds of Cdn$1,816,000. Each unit was priced at Cdn$0.10 and contains 1 common share and 1 share purchase warrant. A whole warrant enables its holder to purchase 1 additional common share at a price of Cdn$0.20 per share for a period of 2 years.
About Southern Silver Exploration Corp.
Southern Silver Exploration Corp. is focused on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure. Its current projects include the copper/gold/silver Minas de Ameca project and the silver/zinc/lead Pinabete project in Mexico, the Dragoon Porphyry project in Arizona and the Oro project in New Mexico.
Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.
About Us
Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.
Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer
