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Mineros S.A. Acquires 80% of La Pepa from Pan American to Own 100%

1. Mineros acquires 80% of La Pepa Project for $40 million. 2. Total interest in La Pepa Project increases to 100%.

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Why Bullish?

Mineros' complete acquisition of La Pepa strengthens its asset base, potentially increasing future revenue streams. Historical acquisitions often lead to stock price appreciation due to enhanced production capabilities and market confidence.

How important is it?

The investment signifies strategic growth for Mineros, suggesting strong future performance and appealing investor interest. Positive moves like this usually attract institutional investment and enhance stock market visibility.

Why Long Term?

The expansion of resource holdings typically translates to long-term growth; stakeholders may see benefits over several quarters as project development progresses. For example, similar acquisitions have led to sustained price increases in mining stocks as new projects come online.

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PAASMSA
MEDELLIN, Colombia--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, MINEROS:CB) (“Mineros” or the “Company”) is pleased to announce that it will acquire from Pan American Silver Corp. (“Pan American”) an 80% interest in the La Pepa Project for $40 million (the “La Pepa Project Purchase”), bringing its interest in the La Pepa Project to 100%. The La Pepa Project Purchase is structured as a transaction between subsidiaries of Mineros and Pan American for the purchase and sale of all shares of Minera Cava.

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