Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) intends to complete a non-brokered private placement of up to 16,666,666 units, at a price of $0.03 per unit, to raise up to $500,000.
As quoted in the press release:
Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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