tiprankstipranks
AbraSilver Secures C$20M Investment and Partnerships
Company Announcements

AbraSilver Secures C$20M Investment and Partnerships

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

AbraSilver Resource Corp has announced a strategic C$20 million investment from Kinross Gold Corporation and Central Puerto, with each investing C$10 million for a stake of approximately 4% each. The partnership aims to advance AbraSilver’s Diablillos project towards production and accelerate exploration, leveraging new technical expertise and partnerships. The deal includes a post-investment share consolidation and the establishment of advisory committees to focus on silver, gold, and copper exploration in Argentina.

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

Related Articles
TheFlyAbraSilver Resource price target raised to C$5 from C$4.75 at National Bank
TipRanks Canadian Auto-Generated NewsdeskAbraSilver Appoints New SVP for Project Advancement
TipRanks Canadian Auto-Generated NewsdeskAbraSilver Announces Upcoming Share Consolidation
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!