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Sierra Madre shareholders approve acquisition of Del Toro Silver Mine from First Majestic.

Company Fundamentals
28 Apr 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Sierra Madre Gold and Silver Ltd. announced that its shareholders approved the acquisition of the Del Toro Silver Mine in Mexico from First Majestic Silver Corp. The approval was given at a special meeting on April 28, 2026, with the acquisition pending final acceptance by the TSXV and Mexican antitrust authorities. The deal is expected to close by mid-May 2026, with shares issued to First Majestic subject to a hold period and resale restrictions. This acquisition expands Sierra Madre's mining portfolio and supports its growth in precious metals production and exploration in Mexico.

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