/PRNewswire/ - Summa Silver Corp. ("Summa" or the "Company") (TSXV: SSVR) (OTCQB: SSVRF) (Frankfurt: 48X) is pleased to announce that it is increasing the size.
Share this article
VANCOUVER, BC, Feb. 1, 2021 /PRNewswire/ -
Summa Silver Corp. ( Summa or the Company ) (TSXV: SSVR) (OTCQB: SSVRF) (Frankfurt:48X) is pleased to announce a non-brokered private placement financing of Units of the Company (the Units ) at a price of $1.00 per Unit (the Offering ) for gross proceeds of $8,000,000. Eventus Capital Corp. and Mackie Research Capital Corporation have been appointed as finders in connection with the Offering.
Each Unit will be comprised of one common share of the Company (a Common Share ) and one-half of one Common Share purchase warrant (each whole warrant, a Warrant ). Each Warrant shall be exercisable to acquire one Common Share (a Warrant Share ) at a price of $1.75 per Warrant Share for a period of 18 months from the closing of the Offering. If the closing price of the Common Shares is at a price equal to or greater than $3.00 for a period of ten consecutive trading days, Summa will have the right to accelerate the expi
Die Korrektur nutzen: Der Shareholder Value im Fokus! wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (Frankfurt: 48X) ("Summa Silver" or the "Company") is pleased to announce that it has received.
442
Coordinates are NAD27, Zone 11N. SUM20-10 remains cased-off to 462m for re-entry and use as a mother hole for wedged step-outs at the Ruby Discovery
Drill Program Summary
The Phase I drill program was designed to test the lateral and vertical extent of structurally controlled, epithermal-related, high-grade silver and gold mineralization historically mined in the Tonopah District. Based on a pre-drilling compilation of all available historic drill and underground geological, structural and assay data, four priority targets were selected (Belmont, Murray, Mizpah Extension, and Ruby). These targets cover an east-west strike-length of approximately 4 km and were systematically tested in 29 drill holes.