tiprankstipranks
Advertisement
Advertisement

Silverco Mining Bolsters Leadership Team as It Advances Push to Mid-Tier Mexican Silver Producer

Story Highlights
  • Silverco Mining added seasoned Mexican-focused executives to its leadership to support its transition into a mid-tier silver producer with two operating mines.
  • The company granted stock options and restricted share units to key insiders, aligning incentives with its expansion strategy around the Cusi and La Negra assets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Silverco Mining Bolsters Leadership Team as It Advances Push to Mid-Tier Mexican Silver Producer

Claim 55% Off TipRanks

Quetzal Copper Corp ( (TSE:SICO) ) just unveiled an announcement.

Silverco Mining has strengthened its leadership bench with the appointment of veteran mining executive George Paspalas as advisor, Tara Hassan as executive vice president of corporate development, and finance specialist Victoria Avila as senior vice president of corporate affairs and finance. The hires bring extensive Mexican operating, financing, and M&A experience as the company aims to evolve into a mid-tier Mexican silver producer with two operating mines over the next year.

To align management with shareholder interests during this growth phase, Silverco has also granted a package of stock options and restricted share units to select directors, officers, and advisors. The equity incentives, which remain subject to TSX Venture Exchange approval, are designed to support execution of its expansion strategy centered on the Cusi Property and the planned acquisition of the La Negra Silver Mine.

More about Quetzal Copper Corp

Silverco Mining Ltd. is a Vancouver-based precious metals company focused on advancing silver assets in Mexico. The company owns 100% of the 11,665-hectare Cusi Property in Chihuahua, located in the Sierra Madre Occidental gold-silver belt and equipped with a 1,200 tonne-per-day mill, and is moving to acquire Nuevo Silver Inc., owner of the producing La Negra Silver Mine in Querétaro.

Average Trading Volume: 147,900

Technical Sentiment Signal: Sell

For detailed information about SICO stock, go to 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