Silver47 and Summa Silver Announce Closing of $6.9 Million Brokered Financing, Including Full Exercise of the Over-Allotment Option
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47") and Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) ("Summa") (together, the "Companies") are pleased to announce the closing of the previously announced brokered offering ("Offering") of subscription receipts of Summa (the "Subscription Receipts") at a price of $0.25 per Subscription Receipt for aggregate gross proceeds of $6,900,000, including the full exercise of the over-allotment option. The Offering was led by Research Capital Corporation ("RCC"), as co-lead agent and...
2025-06-17 11:00 AM EDT
Summa Silver Provides Quarterly ATM Program Update
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") announced today a quarterly update with respect to the Company's previously announced "at-the-market" equity program (the "ATM Program") launched on October 4, 2024. The ATM Program allows the Company to issue and sell, from time to time, up to $5,000,000 of its common shares ("Common Shares") from treasury to the public, at the Company's discretion, pursuant to an equity...
2025-06-10 7:00 PM EDT
Silver47 and Summa Silver Announce Upsize of Brokered Financing to C$6 Million
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47") and Summa Silver Corp. ("Summa") (TSXV: SSVR) (OTCQX: SSVRF) (together, the "Companies") are pleased to announce that due to strong demand, the Companies have increased the size of its previously announced best efforts basis, brokered private placement offering to C$6,000,000 (the "Offering"), led by Research Capital Corporation ("RCC"), as co-lead agent and sole bookrunner, and together with Haywood Securities Inc., as co-lead agent, on behalf of...
2025-06-03 11:30 AM EDT
Silver47 and Summa Silver Announce Merger to Create a Premier U.S. High Grade Silver Explorer & Developer and C$5 Million Brokered Financing
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47") and Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) ("Summa") (together, the "Companies") are pleased to announce that they have entered into an arm's length definitive arrangement agreement dated May 12, 2025 (the "Arrangement Agreement")...
2025-05-13 7:00 AM EDT
Summa Silver Confirms High-Grade Gold-Silver at the Kennedy Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company"), is pleased to provide assay results from a recently completed rock sampling program at its high-grade Kennedy Project in northern Nevada (the "Kennedy Project"). Results demonstrate the strong prospectivity for high-grade gold and silver mineralization across the under-explored project.Key HighlightsHighlights from the sampling program include:40.4 g/t Au, 232 g/t Ag from the Gold Note target10.9 g/t Au, 724...
2025-04-24 7:00 AM EDT
Summa Silver Announces Mogollon Project Anniversary Payment pursuant to Amended Lease Agreements
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce, further to the Company's news releases dated March 23, 2022, March 16, 2023, and March 18, 2024 and subject to final approval from the TSX Venture Exchange (the "TSXV"), the Company will issue an aggregate of 112,324 common shares pursuant to two previously entered into amended and restated mining lease agreements (collectively, the "Amended...
2025-03-19 7:00 PM EDT
Summa Silver Files Technical Reports for its Two American High-Grade Silver Projects
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa Silver" or the "Company") is pleased to report that it has finalized technical reports (the "Technical Reports") detailing the mineral resource estimates (each an "MRE"), for the Company's 100% owned projects in the United States - the Hughes Project in Nevada ("Hughes Project") and the Mogollon Project in New Mexico ("Mogollon Project"). The Technical Reports have been prepared for the...
2025-03-03 7:11 PM EST
Summa Silver Announces Staking of the High-Grade Gold-Silver Kennedy Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that it has acquired the Kennedy Project, located in Pershing County, Nevada, (the "Kennedy Project" or the "Project") through low-cost claim staking. The Kennedy Project consists of 99 mineral claims spanning approximately 2,000 acres, is 100% owned by the Company, and is free of any royalties. Key Highlights (See attached figure):Past Producing District: ...
2025-02-27 7:00 AM EST
Summa Silver Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") has approved the grant of 2,400,000 incentive stock options to officers, directors, and consultants of the Company. The options vest over a two-year period following the grant date, are exercisable at a price of $0.40, and expire on January 24, 2030.About Summa Silver CorpSumma Silver Corp is a junior mineral exploration company. The Company owns a 100% interest...
2025-01-24 7:30 PM EST
Summa Silver Announces First-Ever Mineral Resource Estimates on its Two American High-Grade Silver Projects
Hughes Project in situ Mineral ResourcesIndicated: 10.47 Moz AgEq at 332 g/t AgEq contained in 0.98 Mt Inferred: 33.42 Moz AgEq at 418 g/t AgEq contained in 2.49 Mt Hughes Project Tailings Mineral Resources Inferred: 2.74 Moz AgEq at 68 g/t AgEq contained in 1.26 Mt Mogollon Project Mineral Resources Inferred: 32.08 Moz AgEq at 367 g/t AgEq contained in 2.72 MtVancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - Summa Silver Corp. (TSXV: SSVR) (OTCQX:...
2025-01-16 7:00 AM EST
Summa Silver Outlines Timeline for Mineral Resource Estimates on the Hughes and Mogollon Projects, Southwest United States
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide an update on its two 100% owned high-grade silver-gold projects in the southwest United States. Inaugural mineral resource estimates ( "MRE") are currently being completed for the Hughes Project, Nevada ("Hughes Project") and Mogollon Project, New Mexico ("Mogollon Project"), set to be released in early 2025.Key Highlights:Substantial Drilling Already Completed: The MREs will be...
2024-12-17 7:00 AM EST
Summa Silver Commences Drilling Across the Eastern Extension of the Prolific Tonopah Mining District, Nevada
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE:48X) ("Summa" or the "Company") is pleased to announce that exploration drilling has commenced at the Hughes Project, Tonopah, Nevada (the "Hughes Project"). Drilling is designed to test the highly-prospective eastern extension of the Tonopah Mining district starting at the significant Ruby discovery.Key Highlights:Drilling has commenced: A reverse-circulation ("RC") rig is on-site at the Ruby target and currently advancing the first pre-collar hole...
2024-12-04 7:00 AM EST
Summa Silver Outlines Plans for Upcoming Drill Program on the Extension of the Prolific Tonopah Mining District, Nevada
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide details regarding the upcoming drill program across the highly-prospective eastern extension of the Tonopah Mining district at the Hughes Project at Tonopah, Nevada (the "Hughes Project").Key Highlights:Extension of the Tonopah District: Approximately 7,000 m of drilling is planned between the Ruby and Sapphire discoveries located 1.3 to 4.2 km east of the edge of...
2024-11-07 7:00 AM EST
Summa Silver Announces Closing of $6.5 Million Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company" ) is pleased to announce the closing of its previously announced brokered offering (the "Offering") of units of the Company (each, a "Unit") at a price of $0.40 per Unit for aggregate gross proceeds of $6,483,000, including a partial exercise of the agents' option. The Offering was completed under a combined Listed Issuer Financing Exemption ("LIFE") private placement and...
2024-11-01 1:17 PM EDT
Summa Silver Upsizes Brokered Financing to $6 Million
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that, due to strong investor demand, it has upsized its previously announced brokered private placement (the "Offering") from $5,000,000 to $6,000,000. The Company will issue up to an additional 2,500,000 units (the "Additional Units") at a price of $0.40 per Additional Unit for additional gross proceeds of up to $1,000,000.The Offering is being led by...
2024-10-23 7:30 AM EDT
Summa Silver Establishes "At-The-Market" Equity Program
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2024) - Summa Silver Corp. (TSXV: SSVR) (the "Company" or "Summa") is pleased to announce that it has established an "at-the-market" equity distribution program (the "ATM Program"). The ATM Program allows Summa to issue and sell common shares in the capital of the Company ("Common Shares") that would have the aggregate sales amount of up to $5,000,000, to the public from time to time through Research Capital Corporation (the "Agent"), acting as agent....
2024-10-04 7:31 PM EDT
Summa Silver Outlines High-Grade Silver Targets on the Underexplored Extension of the Prolific Tonopah Mining District
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide an update on the highly-prospective eastern extension of the Tonopah Mining district at the Hughes Project near Tonopah, Nevada (the "Hughes Project").Key Highlights (see attached figures):Eastern Extension of the Tonopah Mining District: Summa has made three discoveries including the significant Ruby and Sapphire veins located up to 4.2 km along strike from the historic...
2024-09-16 8:35 AM EDT
Summa Silver Reviews High-Potential Targets and Plans Resource-Style Drill Program, Mogollon Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide an update on drill planning for the Mogollon Project, New Mexico (the "Mogollon Project").Key Highlights (See attached figures):Known High-grade Mineralization: All targets along the Queen vein have previously been de-risked by reconnaissance-style and step-out drilling, highlighted by:448 g/t AgEq* (129 g/t Ag, 3.88 g/t Au) over 31 m (Consolidated, MOG22-05)640 g/t AgEq (306 g/t...
2024-06-10 7:05 AM EDT
Summa Silver Drills High-Grade Mineralization in First Hole at the Eberle Target, Mogollon Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide assay results from its final two drill holes completed during the winter drill program at the high-grade silver-gold Mogollon Project, New Mexico (the "Mogollon Project"). Key HighlightsAggressive Step-Out Below the Eberle Mine: Strong mineralization was intersected 200 m below the Eberle Mine1,133 g/t silver equivalent* (693 g/t Ag, 8.8 g/t Au) over 1.65 m...
2024-04-23 7:05 AM EDT
Summa Silver Announces Mogollon Project Anniversary Payment Pursuant to Amended Lease Agreements
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce, further to the Company's news release dated March 23, 2022 and March 16, 2023 and subject to final approval from the TSX Venture Exchange (the "TSXV"), the Company will issue an aggregate of 105,991 common shares pursuant to two previously entered into amended and restated mining lease agreements (collectively, the "Amended Lease Agreements")....
2024-03-18 7:29 PM EDT