News for Summa Silver Corp. (SSVR.V)

Summa Silver Corp. ("Summa" or the "Company") (TSXV: SSVR) (OTCQB: SSVRF) (Frankfurt: 48X) is pleased to announce that it has closed the non-brokered private placement financing of units of the Company (the "Units") at a price of $1.00 per Unit (the "Offering") for gross proceeds of $10,168,000. Participation in the Offering included an order of $2,000,000 from Mr. Eric Sprott.