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Property NewsMarch 31, 2011 South American Silver Corp. announced positive results from an updated Preliminary Economic Assessment including an updated resource estimate for its 100% owned Malku Khota silver-indium project, Bolivia. November 30, 2010 South American Silver Corp. announced that it has closed its previously announced US$31.9 million private placement of 27.5 million common shares of the Company. The Company intends to use the net proceeds of approximately US$29.5 million to fund activities to accelerate the advancement the Company’s two key projects in South America, as well as for other general corporate purposes. November 8, 2010 South American Silver announced that it has arranged a CAN$28 m financing. The financing will issue approximately 24 million common shares at a price of CAN$1.16 per common share. The net proceeds will be used to fund activities to accelerate the advancement of properties in South America, and general corporate purposes.
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