Sierra Madre Gold & Silver Ltd. (TSE:SM) has released an update.
Sierra Madre Gold & Silver Ltd. has entered into a two-year binding off-take agreement with MRI Trading AG for the sale of concentrate from Mexico’s La Guitarra mine, supporting a possible restart of operations. The deal with the Swiss-based global mineral trader ensures 100% of concentrate sales and aligns with the company’s recent financial moves, including a US$5 million loan.
For further insights into TSE:SM stock, check out TipRanks’ Stock Analysis page.