Mako Mining (TSE:MKO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mako Mining Corp. has successfully concluded a debt settlement with GR Silver Mines Ltd., combining a $500,000 cash payment and issuing new shares, while also extending a crucial loan maturity date with Wexford Capital LP to 2029. This strategic financial maneuver is designed to strengthen the company’s balance sheet, allowing it to concentrate on its San Albino operations and the forthcoming Eagle Mountain project development.
For further insights into TSE:MKO stock, check out TipRanks’ Stock Analysis page.
