Bullboard - Stock Discussion Forum 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... see more

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TSXV:SSVR - Post Discussion

Summa Silver Corp > CEO on $10.3M Financing

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Post by SkywalkerofLuke on Jan 25, 2023 4:16pm

CEO on $10.3M Financing

SSVR.v SSVRF #silver most recently announced the closing of a $10.3M financing led by Eric Sprott.

In this video with the CEO he says that despite SSVR already having a solid amount of cash in the bank, this financing sets them up for the remainder of the yr to aggressively drill at their projects.

SSVR will be finishing up drilling at the Mogollon Project (largest historic silver producer in New Mexico) in February, will be watching for any results.

https://twitter.com/SummaSilver/status/1615043120269328384

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Comment by waves1 on Jan 26, 2023 5:39pm

This financing places SSVR in a strong position to further define its position in the market this year with continued exploration at its projects as the fundamentals for silver are increasingly bolstered by the expected increase in demand from the solar and EV sectors.

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