Leadership
Southern Silver Reappoints Lawrence Page President and Grants 13.9 Million Options
By News Desk ·
Key takeaways
- Southern Silver shareholders approved incentive stock options for 13,900,000 common shares at $0.40 each, exercisable for five years.
- Lawrence Page, K.C. was reappointed President and Robert Macdonald Vice President, Exploration, alongside Jay Oness, Killian Ruby and Arie Page.
- Shareholders extended the shareholder rights plan until the conclusion of the 2029 annual meeting and elected seven incumbent directors.
- Russell Ball did not stand for re-election as a director at the October 27, 2026 annual general meeting.
Southern Silver Exploration Corp. shareholders approved incentive stock options for 13,900,000 common shares at $0.40 each and reappointed Lawrence Page, K.C. as President at the company's October 27, 2026 annual general meeting. Stock Titan reported the results on October 29, 2026.
Southern Silver's Officer Slate and Option Grant
The options granted to directors, officers and consultants are exercisable for five years and are subject to the terms of the company's stock option plan and TSX Venture Exchange policies. Shareholders approved the 2026 rolling incentive stock option plan, under which a maximum of 10% of issued shares will be reserved for issuance.
Subsequent to the meeting, the officers were reappointed: Robert Macdonald as Vice President, Exploration, Jay Oness as Vice President, Corporate Development, Killian Ruby as Chief Financial Officer and Arie Page as Corporate Secretary. Shareholders elected incumbent directors Lawrence Page, K.C., D. Roger Scammell, Nigel Bunting, Peter Cheesbrough, Ginalee Jones and Ramon Davila. Russell Ball did not stand for re-election as a director, and the company thanked him for his past service.
Shareholders also reappointed Smythe LLP, Chartered Accountants as auditor and ratified the shareholder rights plan for an additional three years, until the conclusion of the 2029 annual meeting, approving minor amendments. The rights plan is set out in an agreement dated September 4, 2020 between the company and Computershare Investor Services Inc.
Southern Silver's Funding Record
According to akta.pro company records, Southern Silver closed the first tranche of a non-brokered private placement for gross proceeds of approximately C$2.2 million in June 2026 to fund up to 12,500 meters of infill drilling at the Puro Corazon target and a mineral resource estimate update. The same records show a C$15 million LIFE private placement closed in April 2026 to advance the Cerro Las Minitas project in Durango, Mexico, and general corporate purposes, and a bought-deal private placement upsized to approximately C$13.0 million in the same month.
Cerro Las Minitas Work Before the Meeting
On October 20, 2026, Stock Titan reported that Southern Silver was advancing its Cerro Las Minitas silver-lead-zinc project in Durango, Mexico, following additional drilling across multiple mineralized zones. In May 2026, Newsfile reported that the company amended a non-brokered private placement to offer up to 7,272,726 common shares at $0.55, raising up to $4 million.30, with proceeds to fund the Cerro Las Minitas project including infill drilling of up to 12,500m in Phase 1.