Announced this Monday, February 13th, a Private Company, San Cristobal Mining has acquired the San Cristobal Mine in Bolivia from Sumitomo Corporation. Since details on the acquisition and mine operations are limited I have Quinton walk us through every detail he can share more information on.
We start with a background on the asset and current operational data. We also discuss the deal terms to the extent that Quinton can share. We then discuss what work needs to be done by the new Company including growth areas in both operations and exploration. A build out of the team is highlighted along with how this private Company managed to get the deal done over potential other buyers.
If you have any follow up questions for Quinton regarding this deal and the asset please email me at Fleck@kereport.com.
Click here to read over the news release reporting the closing of the acquisition.