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AbraSilver Secures C$20 Million for Diablillos Advancement
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AbraSilver Secures C$20 Million for Diablillos Advancement

AbraSilver Resource Corp. (TSE:ABRA) has released an update.

AbraSilver Resource Corp. has successfully completed a C$20 million private placement, with Kinross Gold Corporation and Central Puerto SA each acquiring a 4% stake in the company. The investment will support the advancement of the Diablillos project in Argentina, with a focus on an upcoming Phase IV exploration campaign. The company is also forming a Technical Advisory Committee and a Strategic & Operational Committee with representatives from both investors to guide the project’s development.

For further insights into TSE:ABRA stock, check out TipRanks’ Stock Analysis page.

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