Is Southern Silver (TSXV:SSV) Using Its Bought Deal To Quietly Redraw Its Funding Playbook?
In December 2025, Southern Silver Exploration Corp. announced a past bought deal private placement in which Red Cloud Securities agreed to purchase 10,000,000 common shares at C$0.50 each for gross proceeds of C$5,000,000, with an option for a further 2,000,000 shares for about C$1,000,000, subject to regulatory approvals. This financing agreement is important because it strengthens the company’s funding base, potentially supporting future exploration or development plans while introducing...
In December 2025, Southern Silver Exploration Corp. announced a past bought deal private placement in which Red Cloud Securities agreed to purchase 10,000,000 common shares at C$0.50 each for gross proceeds of C$5,000,000, with an option for a further 2,000,000 shares for about C$1,000,000, subject to regulatory approvals. This financing agreement is important because it strengthens the company’s funding base, potentially supporting future exploration or development plans while introducing...