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Silver Metal Group Completes Strategic Sale of Texas Project, Cutting Costs and Debt
4:12pm on Tuesday 21st of January, 2025 AEDT
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Mining
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Silver Metal Group Completes Strategic Sale of Texas Project, Cutting Costs and Debt
4:12pm on Tuesday 21st of January, 2025 AEDT
Key Points
Sale of Texas Project completed with Danola Pty Ltd
Texas Project deemed non-core to Silver Metal Group's future strategy
Danola assumed operational control in November 2024
Transaction removes significant operational costs and debt from Silver Metal Group
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