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

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Post by StockHawk1on Feb 04, 2022 4:55pm

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Post# 34399638

$SSVR to close private placement next week

Summa Silver ($SSVR.V $SSVRF) is had another green day on the TSXV after an overall green week.

$SSVR's private placement was recently upgraded to $10M and is expected to be huge for getting the company the cash they need to explore their properties

The closing of this offering is expected to occur next week on or about February 10th.

$SSVR is partially owned by prolific investor Eric Sprott who currently owns 18% but is expected to acquire even more during this offering.

More on this offering here: https://finance.yahoo.com/news/summa-silver-corp-announces-upsize-200700555.htm

$SSVR @ $0.98, MC $62.509M

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Advancing flagship Ishkõday Gold Project in Ontario