sur PPX Mining Corp (CVE:PPX)
PPX Mining Corp. Updates Silver Royalty Agreement with Payment Amendments
PPX Mining Corp. has announced amendments to its Silver Royalty Agreement with Silver Crown Royalties Inc. The agreement's second tranche price of US$1,470,000, initially due by August 6, 2025, is now split, extending the payment timeline. SCR has paid US$833,000, with the remaining US$637,000 due by December 31, 2025. These funds will aid PPX's ongoing construction at their Igor project in Peru.
Consequently, SCR's entitlement to the royalty percentage and total payable ounces under the agreement has increased. Upon the second payment, the royalty will further increase to 15%, with a total of 225,000 silver ounces.
The amendments also extend the minimum silver royalty commencement date to March 31, 2026.
R. H.
Copyright © 2025 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de PPX Mining Corp