Sinda Files US IPO for 5 Mexican Silver Concessions
Updated
Updated · Bloomberg · Jun 5
Sinda Files US IPO for 5 Mexican Silver Concessions
1 articles · Updated · Bloomberg · Jun 5
Summary
Sinda Ltd. filed with the US Securities and Exchange Commission for an initial public offering aimed at financing silver mining in Mexico.
Five contiguous concessions in Guanajuato state underpin the listing plan, giving the Electrum-backed miner exploration rights in a historically productive silver district northwest of Mexico City.
The filing positions Sinda to tap US equity markets to fund development of those Mexican assets as it advances from exploration toward mining.