TSXV:ZAC - Post Discussion
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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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