Pinetree Capital Ltd. has acquired 250,000 common shares of Southern Silver Exploration Corp., increasing its holdings to approximately 13.3% of the company.

Information on the Target

Southern Silver Exploration Corp. (Southern Silver) is a mineral exploration company focused primarily on silver and associated base metals. The company is known for its efforts in advancing projects located in the underexplored regions of North America, where it seeks to discover and develop economically viable mineral resources. Southern Silver's strategic focus positions it uniquely within the mining sector, allowing it to capitalize on growing demand for silver and other related commodities.

As of March 9, 2011, Southern Silver had approximately 125 million common shares issued and outstanding. This capital structure indicates a significant level of investor interest and market engagement, which is essential for financial maneuvers and exploration initiatives necessary in the resource-heavy industry. The company's commitment to responsible mining practices further enhances its appeal among socially-conscious investors.

Industry Overview in Canada

Canada's mining industry is one of the most prominent sectors in the country's economy, contributing significantly to gross domestic product (GDP) and employment. The country is rich in natural resources, making it an attractive destination for domestic a