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Agave Silver Corp. (TSXV:AGV) announced it closed the sale of the Nuevo Milenio property to Cream Minerals de Mexico, who now holds all rights and title to the mineral concessions of the property.
Agave Silver Corp. (TSXV:AGV) announced that it closed the sale of its Nuevo Milenio property in Mexico. Cream Minerals de Mexico now holds all rights and title to the mineral concessions of the property.
Ronald Lang, president and CEO of Agave, commented:
The sale of the Nuevo Milenio Property allows us to focus our resources on developing mineral exploration projects in Canada, including our 100% owned Kaslo Silver Property in southern British Columbia. The sale of the Nuevo Milenio Property also significantly reduces the Company’s current and ongoing debt obligations, and with additional debt reduction strategies being negotiated, and a potential financing, the Company will be in a strong position to explore and execute on additional opportunities going forward.
Click here to read the full Agave Silver Corp. (TSXV:AGV) press release.