Announced
Synopsis
Pubco to acquire Gavilanes silver property of Sailfish Royalty, a precious metals royalty and streaming company. Financial terms are not disclosed. "the Proposed Transaction is an important milestone in unlocking value for Sailfish shareholders. The Gavilanes Silver Project now ranks among the highest-grade silver exploration projects in Mexico and should be held within a vehicle that can dedicate the exploration funds that the project deserves. Pairing Gavilanes with the Commonwealth Silver-Gold Project is expected to further enhance value for Sailfish shareholders by providing the scale and diversification required of a standalone publicly traded company. And most importantly, both projects have seen limited drilling and offer significant exploration upside," Cesar Gonzalez, Sailfish CEO.
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