sur Silver X Mining Corp. (CVE:AGX)
Silver X Mining Secures $2M Loan from Trafigura for Copper Production
Silver X Mining Corp. has announced a $2 million loan facility and copper offtake agreement with Trafigura PTE Ltd. for its Nueva Recuperada project. This marks a significant milestone for Silver X, enhancing its production capabilities in Peru. The agreement will support mine development and the construction of a third flotation circuit.
The loan will be drawn in tranches, with an interest rate of SOFR plus 6% over a 20-month term. Silver X will issue 2.5 million warrants as part of the financing. Under the expanded offtake deal, Trafigura will purchase 100% of the copper concentrate from the Nueva Recuperada project through April 2029.
The transaction's completion depends on definitive documentation and TSX Venture Exchange approval. Funds will aid the development of a flotation circuit and mine operations, promoting Silver X's growth strategy.
R. E.
Copyright © 2025 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Silver X Mining Corp.