Southern Silver Revises Private Placement Offer

Southern Silver Exploration (TSE:SSV) has released an update.

Southern Silver Exploration Corp. has updated the conditions of its non-brokered private placement, offering 15 million units at $0.22 each to raise $3.3 million for the development of their Cerro Las Minitas property and working capital. The units include a share and half a warrant, with each full warrant allowing the purchase of a share at $0.30 within three years. The proceeds will bolster efforts to develop the promising CLM project in Durango, Mexico, following encouraging project assessments.

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