SilverCrest Metals aims to repeat success in Mexico

摘要

The ink has now dried on a $154-million agreement that has seen First Majestic Silver (TSX: FR; NYSE: AG) snap up and merge with SilverCrest Mines and its Santa Elena silver-gold operation in Sonora, Mexico, but president and CEO of the newly minted spin-off SilverCrest Metals (TSXV: SIL; US-OTC: SVCMF) Eric Fier is already talking about building the next mine. The companies completed the merger in October, with SilverCrest Mines shareholders receiving 0.2769 of a First Majestic Silver share, plus $0.0001 in cash per share. SilverCrest Mines shareholders ended up with a 23% stake in First Majestic Silver and 0.1667 of a share in the SilverCrest Metals' spin-out vehicle, which has two gold-silver exploration plays.