M&A
confidence high
sentiment neutral
materiality 0.50
Golden Minerals sells El Quevar silver project to Butte Energy for $3.5M
Golden Minerals Co
- Purchase price $3.5M cash; $500k paid Sept 3, $500k paid Sept 27, $2.5M at closing.
- Closing expected on or before Oct 31, 2024, subject to regulatory approvals.
- Sale includes 100% of subsidiary Silex Argentina S.A., owner of the El Quevar silver project in Salta, Argentina.
- Butte Energy Inc. is the buyer; INFOR Financial Inc. acted as financial advisor.