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Stock impact report

Nexa Closes Otavi Project Divestment, Focuses on Core Assets [Yahoo! Finance]

Fortuna Silver Mines Inc Ordinary Shares (Canada) (FSM) 
Last fortuna silver mines inc ordinary shares (canada) earnings: 3/11 06:56 pm Check Earnings Report
US:NYSE Investor Relations: fortunasilver.com/investors
Company Research Source: Yahoo! Finance
The transaction was completed on Dec. 22, 2025. It included the transfer of 10 Exclusive Prospecting Licenses (EPLs) from the Otavi and Namibia North projects from Nexa's local subsidiary, Votorantim Metals Namibia (Pty) Ltd., to Midnab. On completion, all related rights, titles and interests were formally conveyed to the purchaser after all required conditions were fulfilled. The 10 EPLs represent a substantial exploration land package located within the Damara Belt of northern Namibia, a well-known and highly prospective geological corridor for copper mineralization that continues to draw significant exploration activity. The Otavi Project was previously held through a joint venture between Nexa Recursos Minerais S.A. and Japan's state-owned Japan Organization for Metals and Energy Security (“JOGMEC”), which is entitled to 49% of the sale proceeds. Nexa earlier announced that the total consideration consists of a purchase price of $3 million payable at completion, up to $7 mill Show less Read more
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