Summa Silver
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Summa Silver Corp. (TSXV: SSVR, OTCQX: SSVRF) was a Vancouver-based junior mineral exploration company focused on high-grade silver in the United States. It owned 100% of the Hughes Project in central Nevada - home to the past-producing Belmont Mine, one of America's most prolific silver producers between 1903 and 1929 - and the Mogollon Project in southwestern New Mexico, the largest historic silver producer in New Mexico; neither had seen modern exploration before Summa's involvement. In 2025 Summa merged with Silver47 Exploration Corp.: shareholders approved the plan of arrangement on July 24, 2025 (99.75% in favor), the deal closed on August 1, 2025 with Summa shareholders receiving 0.452 Silver47 shares per share, Summa became a wholly-owned subsidiary of Silver47, and its shares were delisted from the TSX Venture Exchange on August 5, 2025.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Merged into Silver47
On July 24, 2025 Summa's shareholders approved the acquisition by Silver47 Exploration Corp. (99.75% in favor); the plan of arrangement closed August 1, 2025 - Summa shareholders received 0.452 Silver47 shares per Summa share, Summa became a wholly-owned subsidiary, and its shares were delisted from the TSX Venture Exchange on August 5, 2025.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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