Argonaut Gold Inc. announced that it has completed the sale of the Ana Paula Project to Heliostar Metals Limited. As per the purchase agreement announced on December 5, 2022, Argonaut has sold 100% of Ana Paula for USD 10 million payable in cash upon closing, plus an additional USD 20 million in deferred cash and share consideration, contingent on meeting certain milestones. Ana Paula is a non-core asset located in Guerrero, Mexico.
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- Argonaut Gold Inc. Completes Sale of Ana Paula Project in Mexico to Heliostar Metals Limited