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Grizzly Discoveries Inc. to acquire Motherlode Crown Grants from First Majestic Silver Corp. for further exploration

PRIVATEJun 17, 2024

Acquiring Company

Grizzly Discoveries

Acquired Company

First Majestic Silver

EdmontonVancouverMiningMiningMineralMining TechnologyMuseums And Historical Sites

Description

Grizzly Discoveries Inc. has entered into a purchase agreement with First Majestic Silver Corp. to acquire the Motherlode Crown Grants, which consist of historical mines producing copper, gold, and silver in Greenwood District, British Columbia. This acquisition will enable Grizzly Discoveries Inc. to conduct aggressive drilling at the Motherlode Mine and explore for significant battery metals in their current land holdings.

Quick answer

Grizzly Discoveries is acquiring First Majestic Silver, announced June 17, 2024. Grizzly Discoveries is based in Edmonton, Alberta, Canada.

How much did Grizzly Discoveries pay for First Majestic Silver?
The deal value was not disclosed.
What does Grizzly Discoveries do?
Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha of precious and base metals..
Where are Grizzly Discoveries and First Majestic Silver based?
Grizzly Discoveries is based in Edmonton, Alberta, Canada. First Majestic Silver is based in Vancouver, British Columbia, Canada.
Who are the decision-makers at Grizzly Discoveries?
Fundz holds 2 contacts at Grizzly Discoveries. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Grizzly Discoveries

Location

363-9768 170 STREET NW

Edmonton, Alberta, Canada

About

Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha of precious and base metals properties in southeastern British Columbia. It is run by a highly experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration stage through to feasibility stage.

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Jeremy
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Frequently asked

Who acquired First Majestic Silver?

First Majestic Silver was acquired by Grizzly Discoveries, based in Edmonton. The deal was reported on June 17, 2024. Grizzly Discoveries Inc. Grizzly Discoveries is privately held and operates in Mining.

When did Grizzly Discoveries acquire First Majestic Silver?

Grizzly Discoveries's acquisition of First Majestic Silver was reported on June 17, 2024. Grizzly Discoveries Inc. has entered into a purchase agreement with First Majestic Silver Corp. to acquire the Motherlode Crown Grants, which consist of historical mines producing copper, gold, and silver in Greenwood District, British Columbia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does First Majestic Silver do?

First Majestic Silver Corp. It is publicly traded (AG), operating in Mining, and is based in Vancouver.

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