Vancouver, British Columbia–(Newsfile Corp. – September 15, 2017) – Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (“Southern”) reported today that the Company has received approval from the TSX Venture Exchange to extend the final closing date of its previously announced brokered private placement (the “Offering”) until September 29th, 2017. The private placement is comprised of a brokered and non-brokered component. Gravitas Securities Inc. is acting as lead agent of the brokered portion of the private placement.
As announced on August 31st, 2017, the Company has closed a second tranche of the Offering by issuing 1,170,000 units (“Units”) for a total of $468,000. In total, the Company has now closed two tranches for total gross proceeds of $3,017,000.