Mr. Lawrence Page reports
SOUTHERN SILVER LISTING ON SANTIAGO STOCK EXCHANGE; APPOINTS CORPORATE RELATIONS CONSULTANT
Southern Silver Exploration Corp. has listed its shares for trading on the Santiago Stock Exchange under 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 a continuing plus-10,000-metre core drilling program has identified a new high-grade gold, silver discovery and extended previously known mineralized zones.
In March, 2014, the TSX Venture Exchange 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 the TSX-V may choose to list on the new market without incurring any additional listing costs or regulatory burden. SSE 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 Venture Exchange-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 12 months with 25 per cent being exercisable every three months after the grant date.
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