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Summa Silver Corp V.SSVR

Alternate Symbol(s):  SSVRF

Metals & Mining Industrial Metals & Minerals
Summa Silver Corp. is a Canada-based junior mineral exploration company. The Company owns a 100% interest in the Hughes project located in central Nevada and in the Mogollon project located in southwestern New Mexico. The Hughes Property is located within and adjacent to the town of Tonopah, Nevada, the County Seat of Nye County, in the west-central part of the State. The Property comprises approximately 57 patented mining claims and 246 unpatented mineral claims, covering a total of roughly 5,504 acres. The Property is in the heart of the Tonopah Mining District, a silver and gold producing district in Nevada. The Mogollon Property is located in Catron County in southwest New Mexico, adjacent to the small town of Mogollon. The Property comprises 85 patented mining claims and 403 unpatented mineral claims, which cover approximately 7730 acres (3128 hectares) of land. It covers a silver-gold bearing epithermal vein field.


TSXV:SSVR - Post by User

Summa Silver Corp > $SSVR increasing size of Private Placement to $10M
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Post by StockHawk1on Jan 24, 2022 4:37pm
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Post# 34355166

$SSVR increasing size of Private Placement to $10M

$SSVR increasing size of Private Placement to $10M
Last friday, Summa Silver Corp. ( $SSVR.V $SSVRF) increased the size of its brokered private placement. 
 
Units of $SSVR will be sold at $0.90 for gross proceeds of up to $10M.
 
Additionally Eric Sprott (the prolific gold investor) and First Majestic Silver Corp are expected to participate in this offering. 
 
On their participation $SSVR CEO stated that it “represents a significant endorsement of Summa Silver’s ongoing work and future potential at our two high grade US silver projects”.
 
More on the private placement here: 
https://finance.yahoo.com/news/summa-silver-corp-announces-upsize-200700555.html
 
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