First Majestic Silver has completed its acquisition of Gatos Silver, the company announced, with 98.44% of First Majestic’s shareholders and 99.23% of Gatos Silver’s stockholders voting in favor. Under the terms of the merger agreement, First Majestic has acquired all issued and outstanding shares of Gatos Silver, making it a wholly-owned subsidiary. The takeover was first announced om September 2024…
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First Majestic to acquire Gatos
First Majestic is making inroads for its silver expansion mission in Mexico with a confirmation it has inked a definitive merger agreement with Gatos Silver. Full story.
Read MoreGatos Silver loses Orr, gains Andres in CEO transition
Explorer and producer Gatos Silver, a majority participant in the Los Gatos joint venture that is advancing a silver and zinc project in Mexico, has accepted the resignation of retiring CEO Stephan Orr and has appointed Dale Andres as his replacement. Read full article from North American Mining.
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