Magna Terra Minerals acquires 100% of three Santa Cruz gold-silver projects for US$25,000 and 1,250,000 shares
Bitget2026/09/24 12:03- Magna Terra Minerals acquired 100% of the Cerro Covadonga, El Meridiano, La Rosita gold-silver projects in Santa Cruz, Argentina.
- US$ 25,000 cash consideration; issuance of 1,250,000 common shares.
- Deal terminates the prior option, removing remaining US$ 290,000 cash commitments.
- Transaction also eliminates a 2% net smelter royalty on each project.
- Portfolio in Santa Cruz rises to six projects covering about 79,000 hectares.
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