Arian Silver Corporation (AGQ.V) has signed a provisional agreement with Sandy Hill Ltd, a company incorporated in the British Virgin Islands, to acquire a processing plant currently located close to Zacatecas City, with a capacity to treat up to 1,500 tonnes per day of silver-lead-zinc ore
The final purchase price for the El Bote Mill has been agreed at $3.12 million subject to the satisfactory results of Arian's further due diligence.
AGQ jumped 11% to $0.195, trading near 52-week low 16 cents.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
