Plata Latina Minerals (TSE:PLA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Plata Latina Minerals has sold its interest in the La Joya Project to Fortuna Mining Corp., retaining a 2% Net Smelter Returns royalty, with an option for Fortuna to buy half of this royalty. The deal enhances Plata Latina’s asset portfolio which includes another royalty agreement from its Naranjillo Property with Fresnillo plc, showcasing a strategic approach to company growth and opportunity evaluation.
For further insights into TSE:PLA stock, check out TipRanks’ Stock Analysis page.