tiprankstipranks
Advertisement
Advertisement

AbraSilver Secures C$20M Investment and Partnerships

AbraSilver Secures C$20M Investment and Partnerships

AbraSilver Resource Corp. (TSE:ABRA) has released an update.

Claim 55% Off TipRanks

AbraSilver Resource Corp has announced a strategic C$20 million investment from Kinross Gold Corporation and Central Puerto, with each investing C$10 million for a stake of approximately 4% each. The partnership aims to advance AbraSilver’s Diablillos project towards production and accelerate exploration, leveraging new technical expertise and partnerships. The deal includes a post-investment share consolidation and the establishment of advisory committees to focus on silver, gold, and copper exploration in Argentina.

For further insights into TSE:ABRA stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1