Cerrado Gold acquires Manantial Espejo mine from Pan American Silver for USD 20 million
- Cerrado Gold acquired Minera Tritón Argentina, owner of Argentina’s Manantial Espejo mine, from Pan American Silver for USD 20 million.
- Payment comprised USD 10 million at closing on November 13, 2026, with USD 5 million due on each of two anniversaries.
- Pan American received a 1% net smelter returns royalty on future property production to settle existing indebtedness.
- The acquisition includes all historical, current and future liabilities, including closure obligations backed by an approximately USD 13.8 million financial guarantee.
- A phased redevelopment targets a 2027 restart, initially operating the mill at approximately 1,000 tonnes per day.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cerrado Gold Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611130726PRIMZONEFULLFEED9877161) on November 13, 2026, and is solely responsible for the information contained therein.