The sale of Plomosas was a binding sale.
So it has gone through.
Financial statements out on Friday.
Great info summarising all the other projects as well.
Getting very exciting imo
Vol will come
""DISPOSAL OF PLOMOSAS
On 10 February 2023, the Company announced it had executed a binding share sale agreement for the sale of
the Plomosas Project to Impact Silver Corp. (Impact Silver), a TSX-V and FSE listed company domiciled in British
Columbia, Canada and owner of various Mexican mining projects similar to the Plomosas Project.
The Company will receive the following consideration for the Plomosas Project:
• US$3,000,000 in cash at completion of the Sale Agreement;
• Up to US$3,000,000 in common shares in Impact Silver, based on the lower of the price per common
share for the Impact Capital Raising or the volume weighted average price for the 20 trading days
immediately prior to the date of execution of the Sale Agreement; and
• 12% of net profits from the Plomosas Project in cash from completion of the Sale Agreement, the terms
of which will be set out in a fulsome net profits interest deed.""
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