
Summa Silver Corp.
Symbol:
TSXV: SSVR
OTCQX: SSVRF
Market Cap:
42M
Purpose
Raise Awareness, Open Market Buying
Sector:
Resource
Summary:
Summa Silver hosts two high-grade silver projects in the southwestern United States with combined mineral resources of over 78 million ounces silver equivalent.
Share Structure – With ~ 120 million shares outstanding, management, insiders & close associates owns 15%, Eric Sprott owns 17% (Personally), institutions own 25% which include a number of strategic shareholders (First Majestic Silver & multiple Sprott Resource funds), and retail makes up the remaining 43%. With a very tight structure Summa still typically trades well over 200,000 shares on both the TSXV & OTCQX.