Bullboard - Stock Discussion Forum Zacatecas Silver Corp V.ZAC

Alternate Symbol(s): ZCTSF

Metals & Mining Silver

Zacatecas Silver Corp. is a Canada-based company, which is engaged in the acquisition, and exploration and development of mineral properties in Mexico. The Company has two key projects: The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico. The Esperanza project is an advanced stage project located in Morelos state, Mexico. The Zacatecas... see more

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TSXV:ZAC - Post Discussion

Zacatecas Silver Corp > Zacatecas Acquires

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Post by Betteryear2 on Apr 12, 2022 4:07pm

Zacatecas Acquires

VANCOUVER, BC, April 12, 2022 /PRNewswire/ - Zacatecas Silver Corp. ("Zacatecas" or the "Company") (TSXV: ZAC) (OTC: ZCTSF) (Frankfurt: 7TV) is pleased to announce that it has completed the acquisition of the advanced stage Esperanza Gold Project, located in Morelos State, Mexico pursuant to the terms of a share purchase agreement dated February 28, 2022 (the "Share Purchase Agreement") with Minas De Oro Nacional, S.A. De C.V. ("Minas De Oro"), a subsidiary of Alamos Gold Inc. ("Alamos"). Concurrent with closing of the transaction, the net proceeds under the previously announced $19.15 million brokered private placement of subscription receipts (the "Subscription Receipts") were released to the Company.

https://www.prnewswire.com/news-releases/zacatecas-acquires-the-advanced-stage-and-high-grade-oxide-esperanza-gold-project-from-alamos-gold-inc-and-19-15-million-private-placement-proceeds-released-from-escrow-301524256.html

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