Southern Silver Exploration Corp_06092019

Southern Silver Exploration Corp. (“Southern Silver” or the “Company”) has closed the final tranche of its previously reported private placement by issuing 5,530,000 units at a price of $0.20 per unit for gross proceeds of $1,106,000.  Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.25 per common share.  Securities issued pursuant to this tranche of the private placement, including common shares and share purchase warrants, carry a legend restricting trading of the securities until January 5, 2020. In total, the Company has now closed 21,032,500 Units in two tranches for total gross proceeds of $4,206,500.