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VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2015) - Southern Silver Exploration Corp. ("Southern Silver" or the "Company") (TSX VENTURE:SSV)(FRANKFURT:SEG) reports that it has closed the final tranche of its private placement by issuing 1,810,000 units at a price of $0.08 per unit to raise $144,800. Each unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.08 per share. Together with the previously announced closing of the financing last week, the Company has raised an aggregate $1,600,000. |
