Endeavour Silver Agrees To Sell 1% Interest In Cozamin Royalty To Gold Royalty For Total Consideration Of $7.50M Cash
Portfolio Pulse from Benzinga Newsdesk
Endeavour Silver has agreed to sell a 1% interest in Cozamin Royalty to Gold Royalty for a total consideration of $7.50 million in cash.
July 31, 2023 | 10:54 am
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Endeavour Silver's sale of a 1% interest in Cozamin Royalty could provide a cash influx for the company.
The sale of a 1% interest in Cozamin Royalty to Gold Royalty for $7.50 million in cash could provide Endeavour Silver with a significant cash influx. This could potentially be used for further investments or to strengthen the company's balance sheet, which could be viewed positively by investors.
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