Electrum Global Holdings L.P. Acquires Securities of Southern Silver Exploration Corp.

http://www.canadianminingjournal.com/press-releases/story/?id=1003772393

NEW YORK, NEW YORK–(Marketwired – March 8, 2016) – Electrum Global Holdings L.P. (“Electrum“) announces that it acquired ownership of 6,000,000 units (the “Units“) of Southern Silver Exploration Corp. (“Southern Silver“). Each Unit consists of one common share (“Shares“) in the capital of Southern Silver and one common share purchase warrant (“Warrants“) entitling the holder(s) thereof to purchase one additional common share (a “Warrant Share“) at an exercise price of CAD$0.08 per Warrant Share at any time prior to March 4, 2021. The Units were acquired in the first tranche of a treasury private placement which closed on March 4, 2016.

Leave a Reply