2008 News Releases
December 3, 2008
Source Exploration Corp. Consolidates its Interest in the San Acacio Silver Project, Zacatecas, Mexico
SOURCE EXPLORATION CORP. ("Source”) (TSX-V: SOP) is pleased to announce that it has closed a transaction with Sterling Mining Company ("Sterling”) and its Mexican subsidiary, Sterling Mining de Mexico S.A. de C.V. to purchase Sterling’s remaining interest in the San Acacio silver property in Zacatecas, Mexico and renounce the Earn-In Agreement between the parties.
November 21, 2008
Bulletin: Agreement for San Acacio property
SOURCE EXPLORATIONCORP. (the "Corporation” or "Source”) (TSX-V: SOP) The TSX Venture Exchange has accepted for expedited filing documentation pertaining to an assignment of concession agreement dated Nov. 6, 2008, between Roca Verde Exploracion de Mexico SA de CV, Sterling Mining Company, Sterling Mining de Mexico SA de CV and Source Exploration Corp. pursuant to which the company will acquire the remaining 10-per-cent interest in the San Acacio property located in Zacatecas state, Mexico. In consideration, the company will pay $200,000 (U.S.) and accelerate the release of two million shares from escrow, which were held voluntarily pursuant to an earlier agreement.
October 28, 2008Clarifies Filing of Financial Statements
SOURCE EXPLORATIONCORP. (the "Corporation” or "Source”) (TSX-V: SOP) would like to advise its shareholders that it has filed its audited consolidated financial statements for the year ended June 30, 2008 via SEDAR.
August 5, 2008
Announces new appointments
SOURCE EXPLORATION CORP. (the "Company" or "Source") (TSX VENTURE: SOP) has appointed Abraham Drost, PGeo, director, as the corporation's new president and chief executive officer, and Ewan S. Downie to the corporation's board of directors effective Aug. 1, 2008. Robert S. Tyson, the corporation's former president and CEO, will remain with the corporation as a director. The board of directors offers its thanks and appreciation to Mr. Tyson for his efforts in helping to build Source.
June 2, 2008
Update on San Acacio Silver Property
SOURCE EXPLORATION CORP. (the "Company" or "Source") (TSX VENTURE:SOP) is pleased to announce the commencement of trading on the TSX-Venture Exchange under the symbol "SOP". The Board of Directors of Source includes Abraham Drost, P.Geo., former President of Sabina Silver Corporation, Robert S. Tyson, Wayne Moorhouse and Darrell Rader.
May 30, 2008
Commencement of Trading
Vancouver, British Columbia - Mr. Robert Tyson, President of Source Exploration Corp.(TSXV – "SOP") (the "Corporation") announces the Corporation has raised $3,450,000, including the 15% over-allotment option that was exercised in full, pursuant to an initial public offering consisting of the issuance of 8,625,000 common shares by way of a Prospectus dated April 25, 2008. The offering closed on May 27, 2008. The common shares will be listed and posted for trading on the TSX Venture Exchange at market opening on Monday, June 2, 2008 under the symbol "SOP".Wolverton Securities Ltd. acted as agent for the Corporation's offering and received broker warrants to acquire an aggregate of 862,500 common shares, at an exercise price of $0.40 per share up to May 27, 2009.