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Gatos Silver amends joint venture terms with Dowa Metals, enhancing transparency before a merger.
Gatos Silver has amended agreements with Dowa Metals & Mining for their Los Gatos Joint Venture, effective January 1, 2025.
The changes allow Gatos to fully consolidate financial statements of the joint venture, improving transparency for investors ahead of a merger with First Majestic Silver.
Ownership stakes remain at 70% for Gatos and 30% for Dowa, with updates to management services and Dowa's zinc concentrate rights.
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Gatos Silver modifica términos de joint venture con Dowa Metals, mejorando la transparencia antes de una fusión.