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Oro X and Mines and Metal Trading (Peru) PLC Announce Business Combination to Create Silver X Mining Corp.


MMTP , also commercially known as
Latitude Silver ) are pleased to announce the signing of a business combination agreement (the
Business Combination Agreement ). Pursuant to the Business Combination Agreement, Oro X will acquire 100% of the issued and outstanding shares of MMTP (the
Transaction ). 
With a team led by CEO Jose Garcia, Executive Chairman Luis Zapata, and Lead Advisor Paul Matysek, Silver X will be Latin America s next low-cost silver producer. The combination of Oro X s and MMTP s teams, assets and operational experience creates a growth-focused platform primed to consolidate the fragmented Peruvian silver landscape.
Upgrading and expanding MMTP s Nueva Recuperada inferred resource pursuant to a NI 43-101 Technical Report for Recuperada Project, Peru with an effective date of October 15, 2020 (the ....

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