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Aftermath Silver purchases Berenguela from SSR Mining

Oct 1, 2020

Source: https://www.mining.com/aftermath-silver-purchases-berenguela-from-ssr-mining/

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Aftermath Silver purchases Berenguela silver-copper project from SSR Mining

Drilling at Berenguela (Credit: Valor Resources)

Aftermath Silver (TSXV: AAG; US-OTC: AAGFF) has signed an agreement with SSR Mining (TSX: SSRM; NASDAQ: SSRM) to purchase 100% of the Berenguela silver-copper project in Peru, 204 km from Arequipa.

Under the deal, Aftermath Silver will purchase all of SSR Mining’s shares in the Peruvian holding company that owns the asset, Sociedad Minera Berenguela S.A., for $13 million in cash, $3 million in Aftermath common shares and a net smelter return royalty (NSR) on all mineral production from the mine.

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Drilling at Berenguela (Credit: Valor Resources)

Aftermath Silver (TSXV: AAG; US-OTC: AAGFF) has signed an agreement with SSR Mining (TSX: SSRM; NASDAQ: SSRM) to purchase 100% of the Berenguela silver-copper project in Peru, 204 km from Arequipa.

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