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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100