14 June 2017 at 07:00 CET
Nyrstar NV (“Nyrstar”) today announces that it has successfully completed the sale of its Campo Morado mine in Mexico to Telson Resources Inc. and Reynas Minas S.A. de C.V. for a total cash consideration of USD 20 million (the “Consideration”), plus the potential for additional future proceeds through a variable purchase price agreement linked to production at the Campo Morado mine (the “Transaction”)..
As previously announced, the share purchase agreement for the Transaction was entered into on 27 April 2017 and had a number of customary conditions precedent that needed to be satisfied before the Transaction could complete.