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Summa Silver Corp
Symbol SSVR
Shares Issued 104,867,575
Close 2024-04-04 C$ 0.53
Market Cap C$ 55,579,815
Recent Sedar Documents

Summa Silver amended mining lease agreements

2024-04-04 18:13 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 third-year lump-sum payments for these two amended lease agreements. The total amount of the third-year payment is $98,275 (U.S.), consisting of $72,049 (U.S.) in cash and $26,226 (U.S.) ($36,550 (Canadian)) to be paid in shares at a deemed price of 34.48 Canadian cents per share, amounting to 105,991 shares.

Insider/pro group participation:  none

Finders' fees:  none

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

For further information, please reference the company's news releases dated March 23, 2022, March 16, 2023, and March 18, 2024.

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