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First Majestic closes sale of Del Toro silver mine to Sierra Madre for up to US$60 million

PUBT·06/22/2026 11:05:47
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First Majestic closes sale of Del Toro silver mine to Sierra Madre for up to US$60 million
  • First Majestic closed the sale of its Del Toro Silver Mine in Mexico to Sierra Madre for up to USD 60 million.
  • Deal value includes USD 20 million cash at closing, with up to USD 40 million in additional cash or share-based milestone payments.
  • Milestones include USD 10 million tied to a payment due within 18 months, USD 10 million on a 100 Moz AgEq resource threshold, USD 10 million on 4,000 tpd commercial production.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Majestic Silver Corp. published the original content used to generate this news brief on June 22, 2026, and is solely responsible for the information contained therein.