1/28/2015 - 9:51 AM EST - Southern Silver Exploration Corp. : plans to issue up to 20,000,000 Units in a non-brokered private placement at a price of $0.08 per Unit to raise proceeds of $1,600,000. 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 five years at an exercise price of $0.08 per share. Southern Silver Exploration Corp.
shares V.SSV are trading unchanged at $0.04.