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Investor Presentaiton

Capital Markets Profile Capital Structure Ticker TSX-V:SSV Share Price (Jan. 8, 2024) C$0.155 Current Shares Outstanding Options Warrants 292M 24.5M¹ 51.2M² Cash & Cash Equivalents Enterprise Value (basic) Fully Diluted Shares Outstanding Market Capitalization (basic) 367M C$45M C$2.0M C$54.4M EV/Oz AgEq C$0.16 P/NAV 0.13x Top Shareholders Electrum Global Holdings 25% Institutional (as of July 30, 2021) 12% Management & Directors 2.3% 1. Includes 28.3M options outstanding with a weighted average exercise price of C$0.37/share and a weighted average remaining term of 3.8 years 2. Includes 59.9M warrants outstanding with a weighted average exercise price of C$0.42/share and a weighted average remaining term of 1.8 years 3. Includes 6.0MM finder's warrants outstanding with a weighted average exercise price of C$0.34/share and a weighted average remaining term of 1.7 years www.southernsilverexploration.com Share Price (C$) $0.45 $0.40 $0.35 $0.30 $0.25 $0.20 $0.15 $0.10 $0.05 S SouthernSilver EXPLORATION CORP Share Price and Volume (Last 24 Months) Volume -Price 0 0.5 2.5 Volume (millions) Dec-21 Jan - 22 Feb-22 Mar - 22 Apr - 22 May - 22 Jun-22 GoldSilver.com/SilverChartist - Jeff Clark Red Cloud Securities Date Mar-23-2023 Reccomendation (C$) Fundamental Research Apr-11-2023 Buy ($0.90) Buy ($0.54) Newsletter Coverage Caesars Report - Thibaut Lepouttre Silver Stock Investor - Peter Krauth Analyst Coverage Timothy Lee - Red Cloud Securities Ltd. Siddharth Rajeev - Fundamental Research Corp. Recent Ratings Jul-22 Aug - 22 Sep-22 www. Oct-22 Nov-22 Dec-22 Jan - 23 Feb-23 Mar - 23 Apr - 23 May - 23 Jul - 23 Jun-23 Aug - 23 Sep-23 Oct-23 Nov-23 *Dec-23 TSX-V: SSV OTCQX: SSVFF 5
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