Edge Copper Corporation press release
Plata Latina Announces Completion of Sale of Naranjillo NSR to Fresnillo
TSX - Toronto Stock Exchange ยท M&A / Asset Transactions
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2025) - Plata Latina Minerals Corporation (TSXV: PLA) ("Plata Latina" or the "Company") has completed the sale of the 3% net smelter return ("NSR") on the Naranjillo property for a total of US$6,000,000 (the "Transaction") to a wholly-owned subsidiary of Fresnillo plc ("Fresnillo"). (Previously announced on February 27, 2025 - "_Plata Latina Announces Fresnillo to Purchase Naranjillo NSR for $8,610,000_").
The Company retains a 2% NSR with Fortuna Mining Corp. on the La Joya project, which is located in the state of Hildago, Mexico.
About Plata Latina Minerals
Plata Latina Minerals is a growth-focused company focused on exploring strategic opportunities within the mining industry. With a strong cash balance and led by a highly experienced team with a proven track record in identifying, optimizing and growing businesses, Plata Latina aims to create long-term value through acquisitions, partnerships and other strategic transactions. Plata Latina is actively evaluating opportunities. The Company also has a 2% NSR on the La Joya Project in Mexico.
For more information, please contact: Patricia Fong Chief Financial Officer Telephone: +1 800 933 9925 Email: info@plminerals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248149
Earlier from Edge Copper Corporation
More m&a / asset transactions releases
- First Atlantic to Acquire 100% of the North Arm Project, 52 sq km of Mantle-Derived Ultramafic Rocks in Western Newfoundland Never Systematically Tested for Geologic Hydrogen, Chromium or Awaruite Nickel-Cobalt Alloy First Atlantic Nickel & Cobalt Corp. (FAN.V),
- Live Energy Minerals Completes Issuance of First Tranche of Shares for Plaster Rock Property in New Brunswick Live Energy Minerals Corp (LIVE.CN),
- NEMESIA SARL ACQUIRES SHARES OF FARADAY COPPER CORP. AND IS IMPACTED BY PASSIVE DILUTION Faraday Copper Corp. (FDY.TO),