Summa Silver Corp. Announces At-the-Market Equity Distribution Program

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Summa Silver Corp. has announced a new at-the-market (ATM) equity distribution program, allowing the company to sell up to $5,000,000 worth of common shares through Research Capital Corporation. Proceeds will be used for exploration, working capital, and general corporate purposes.

ATM Program") that would have the aggregate sales amount of up to $5,000,000, to the public from time to time through Research Capital Corporation , acting as agent. Any Common Shares sold under the ATM Program will be sold at the prevailing market price at the time of the sale, directly through the TSX Venture Exchange or any other recognized marketplace upon which the Common Shares are listed, quoted or otherwise traded in Canada.

Galen McNamara, CEO, stated:"The ATM Program provides us with financial optionality and flexibility in an environment of rising silver prices. We look forward to continuing to advance our two premier American silver projects." Generally, but not always, forward-looking information and statements can be identified by the use of words such as"plans","expects","is expected","budget","scheduled","estimates","forecasts","intends","anticipates", or"believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or...

Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

 

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