Endeavour Silver Sells Bolañitos Mine to Guanajuato Silver for Up to $50 Million
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
- Agreement Finalized: Endeavour Silver has entered into a definitive share purchase agreement with Guanajuato Silver to sell the Bolañitos silver and gold mine for up to $50 million.
- Upfront Payment Structure: Upon closing, Endeavour will receive $40 million, consisting of $30 million in cash and $10 million in common shares of Guanajuato Silver.
- Contingent Payment Terms: Endeavour is entitled to additional payments of $5 million each upon the production of 2 million and 4 million ounces of silver equivalent from the Bolañitos Mine.
- Expected Closing Date: The transaction is anticipated to close in January 2026, subject to customary regulatory approvals and conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
