CMC Metals Cancels Private Placement and Acquisition Deal for Gavilanes Project

Wednesday, 13 March 2024, 12:21

CMC Metals has decided to cancel a $1.2 million private placement and terminate the agreement to acquire the Gavilanes project in Mexico. The decision was made following the failure to renew permits in Durango, impacting the company's expansion plans. This development signifies a setback for CMC Metals' growth strategy in the region.

https://store.livarava.com/74c98b38-e190-11ee-966b-5254a2021b2b.jpe — CMC Metals Cancels Private Placement and Acquisition Deal for Gavilanes Project

CMC Metals Cancels Private Placement and Agreement to Acquire Gavilanes Project in Mexico

CMC Metals cancels $1.2 million private placement and termination of agreement to acquire Gavilanes project due to permit renewal failure in Durango,...

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

CMC Metals Cancels Private Placement and Agreement to Acquire Gavilanes Project in Mexico

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