TSXV:SSVR - Post Discussion
Post by
waves1 on Dec 21, 2022 3:56pm
$10M private placement to close ~Dec 29, 2022
The timing of SSVR's private placement aligns well with the macro environment trending toward a more positive outlook - The PP os for gross proceeds of $10M with up to 12,500,000 units available at a price of $0.80 per unit, each unit will consist of one common share and one-half of one common share purchase warrant, exercisable at a price of $1.20/share.
SSVR has come a long way in its less than 3 years since inception, having advanced both of its landmark American high-grade silver projects and the net proceeds of this pp will be used for further exploration work.
https://ca.finance.yahoo.com/news/summa-silver-announces-10-million-124100864.html
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