VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 5, 2015) - Southern Silver Exploration Corporation (TSX VENTURE:SSV)(SSE:SSVCL)(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.