MEXICAN SILVER MINES LTD. ENTERS INTO LETTER OF INTENT TO ACQUIRE RIO ALTO MINING LIMITED
Mexican Silver Mines Ltd. (“Mexican Silver”) (TSXV: MSM, WKN: A0MSLE) is pleased to announce the execution of a letter of intent for a proposed arm’s length business combination (the “Proposed Transaction”) with Rio Alto Mining Limited (“Rio Alto”). The Proposed Transaction is currently contemplated to be completed by the amalgamation of Rio Alto and a new wholly-owned subsidiary of Mexican Silver resulting in Rio Alto becoming a wholly owned subsidiary of Mexican Silver. The Proposed Transaction will ...
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