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Sierra Madre Strengthens Partnership with First Majestic to Advance La Guitarra Restart

Summary by theassay.com
Sierra Madre Gold & Silver (TSXV: SMDRF) has signed an amended and restated definitive agreement with First Majestic Silver, marking a significant step toward restarting operations at the La Guitarra Mine in Mexico. This new agreement refines and strengthens the original terms announced in 2023, when First Majestic increased its equity position in Sierra Madre to approximately 47.7%. The updated deal clarifies operational responsibilities and al…
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theassay.com broke the news in on Friday, June 6, 2025.
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