BULLETIN V2026-2192
SIERRA MADRE GOLD AND SILVER LTD. ("SM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 30, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's length acquisition of all of the issued and outstanding shares of First Majestic Del Toro, S.A. de C.V., which holds a 100% interest in the Del Toro Silver Mine, Mexico.
CONSIDERATION CASH ($) SECURITIES WORK EXPENDITURES ($)
Upon closing US$20 million 10,870,000 Common Shares nil
Within 18 months US$10 million Up to 10,575,385 in Shares
in lieu of cash nil
Upon reaching Milestone 1 within 48 months US$10 million Up to 10,575,385 in Shares
in lieu of cash nil
Upon reaching Milestone 2 within 60 months US$10 million Up to 10,575,385 in Shares
in lieu of cash nil
For further details, please refer to the Company's news release dated December 17, 2025 and June 22, 2026.
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