ExGen Resources Acquires Silver Stream for $500,000 in Chile
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Source: Globenewswire
- Acquisition Agreement: ExGen Resources has signed a letter of intent to acquire a 33.4% silver stream from a gold mine in Chile for $500,000, which is expected to provide a stable silver resource supply and enhance its competitiveness in the mining sector.
- Silver Stream Terms: Under the agreement, ExGen will receive a 16.7% silver stream on any further silver produced after the initial delivery of 333,334 ounces, which will provide ongoing cash flow to support its project development and operations.
- Quarterly Delivery Requirement: The agreement mandates that the private company deliver a minimum of 4,200 ounces of silver to ExGen each quarter, with shortfalls compensated in equivalent gold, ensuring stability in ExGen's resource supply.
- Future Opportunities: ExGen has secured preferential rights to participate in any future streaming or royalty transactions, which will open additional revenue streams and further strengthen its market position.
Analyst Views on EXG
Wall Street analysts forecast EXG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About EXG
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. Its portfolio of investments includes aerospace and defense, air freight and logistics, automobiles, banks, beverages, building products, biotechnology, construction materials, diversified financial services, electric utilities, electrical equipment, electronic equipment, instruments and components, entertainment, equity real estate investment trusts, food products, healthcare equipment and supplies, healthcare providers and services, hotels, restaurants and leisure, industrial conglomerates, insurance, interactive media and services, Internet and direct marketing retail, information technology services, leisure products, machinery, personal products, and others. Investment adviser of the Fund is Eaton Vance Management.
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.
