Third Quarter 2012 Financial Statements Filed by South American Silver

South American Silver (TSX:SAC) announced the release of its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2012 and the related management’s discussion and analysis of financial position and results of operations.

As quoted in the press release:

As at September 30, 2012, the Company had working capital of $29.0 million, including cash and cash equivalents of $29.5 million. With these funds in place, the Company is in a strong financial position to expand activities at its Escalones project, to pursue full compensation based on the fair market value of the Malku Khota project, and to pursue other corporate initiatives.

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