GR Silver Mining Sells Marlin, Strengthens Balance Sheet

GR Silver Mining (TSE:GRSL) has released an update.

GR Silver Mining Ltd. has completed the sale of Marlin Gold Mining Ltd. to a Canadian company, enhancing its financial standing by settling most of its working capital deficit. This strategic move also includes a 0.5% NSR Royalty for GR Silver Mining and retains their first right of refusal for ten years on any future sale of the concessions. The deal allows GR Silver Mining to concentrate on advancing its main Plomosas Project in Mexico.

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