VANCOUVER, BRITISH COLUMBIA, Oct 05, 2015 (Marketwired via COMTEX) —
Southern Silver Exploration Corporation (SSV)(frankfurt:SEG) (“Southern Silver”) has listed its shares for
trading on the Santiago Stock Exchange (SSEV); Trading Symbol: SSVCL.
A dual listing on SSEV will allow Southern Silver to connect to the
investment communities in Colombia, Mexico and Peru through the Latin
American Integrated Market (MILA), a program that integrates the
capital markets of these countries. The new listing provides the
opportunity for the company to provide information to Latin American
investors about the company’s flagship project, the gold, silver and
polymetallic Cerro Las Minitas mineral property located in Durango,
Mexico where initial results from an on-going +10,000 metre core
drilling program, has identified a new high-grade gold, silver
discovery and extended previously known mineralized zones.
In March 2014, TSXV and the Santiago Stock Exchange (SSE) entered
into an agreement to create a streamlined dual listing process to
provide companies with access to public venture capital markets in
both Chile and Canada. Under this agreement, companies listed on TSXV
may choose to list on the new market without incurring any additional
listing costs or regulatory burden. SSEV is initially focused on
capital formation for small and medium enterprises in the mining
sector.
The Company also reported that it has entered into a consulting
agreement with Jay Oness for the provision of corporate
communications and finance services. Mr. Oness has been actively
involved in corporate communications and finance for TSX-V listed
issuers for 25 years and formerly served in such capacity for many
years for multiple companies within the Manex Resource Group. The
Company has granted Mr. Oness an option to purchase up to 250,000
common shares of the Company over a five year period at an exercise
price of eight cents per share. The options shall be vested over the
period of twelve months with 25% being exercisable every three months
after the grant date.
About Southern Silver Exploration Corp.
Southern Silver Exploration Corp. is a precious and base metal
exploration and development company with a focus on mineral deposits
in north-central Mexico and the southern USA. The Company engages in
the acquisition, exploration and development either directly or
through joint venture relationships in mineral properties in
jurisdictions including the Cerro Las Minitas silver-lead-zinc
project located in Durango, Mexico and the Oro porphyry copper-gold
project located in southern New Mexico, USA.
Robert Macdonald, MSc., P.Geo, is a Qualified Person as defined by
National Instrument 43-101 and responsible for the supervision of the
exploration on the Cerro Las Mintas Project and for the preparation
of the technical information in this disclosure.
On behalf of the Board of Directors
Lawrence Page, Q.C., President Director, Southern Silver
Exploration Corp.
For further information, please visit Southern Silver’s website at
southernsilverexploration.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such
statements. Factors that could cause actual results to differ
materially from those in forward looking statements include the
timing and receipt of government and regulatory approvals, and
continued availability of capital and financing and general economic,
market or business conditions. Southern Silver Exploration Corp. does
not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or
otherwise, except to the extent required by applicable law.
Contacts: Southern Silver Exploration Corp. 604-641-2759 ir@mnxltd.com www.southernsilverexploration.com
SOURCE: Southern Silver Exploration Corp.
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