AbraSilver secures C$20m private placement investment from Kinross Gold and Central Puerto, securing 4.0% stake and exploration partnership.
AbraSilver Resource Corp. secures a C$20m private placement investment from Kinross Gold Corp. and Central Puerto. Each company invests C$10m, resulting in a 4.0% stake in AbraSilver. The deal also involves an exploration partnership for Argentina-based projects focused on silver, gold, and copper. Kinross gains a Right of First Offer for new projects beyond AbraSilver's Diablillos project.
April 22, 2024
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