GR Silver Mining (TSE:GRSL) has released an update.
GR Silver Mining Ltd. has announced the sale of its subsidiary Marlin Gold Mining Ltd. to a private entity, which includes the past-producing La Trinidad mine, to streamline focus on developing its primary Plomosas Project. The deal grants GR Silver Mining a 0.5% NSR Royalty on certain assets and a right of first refusal for ten years on any further sales. This strategic move is aimed at prioritizing resource growth and advancing technical studies without compromising the company’s working capital or resource inventory.
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