01:28:45 EDT Tue 21 Mar 2023
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Summa Silver Corp
Symbol SSVR
Shares Issued 85,646,195
Close 2023-03-17 C$ 0.61
Recent Sedar Documents

Summa Silver amended property agreements

2023-03-17 22:15 ET - Property Agreement

Further to the TSX Venture Exchange bulletin dated March 23, 2022, regarding two amended and restated mining lease agreements between multiple mining claim owners (the lessors), a subsidiary of Allegiant Gold Ltd. and a subsidiary of the company, the TSX Venture Exchange has accepted documentation pertaining to the second-year lump-sum payments for these two amended lease agreements. The total amount of the second-year payments is $98,425, consisting of $71,582 (U.S.) in cash and $26,843 (U.S.) ($36,785 (Canadian)) to be paid in shares at a deemed price of 64.48 Canadian cents per share, amounting to 57,049 shares.

This acquisition is considered an arm's-length transaction.

For further information, please reference the company's news releases dated March 23, 2022, and March 16, 2023.

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