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Stock impact report

Xali Gold Closes Acquisition of Pico Machay Gold Project [Yahoo! Finance]

Pan American Silver Corp. (PAAS) 
Last pan american silver corp. earnings: 2/19 07:59 pm Check Earnings Report
US:NASDAQ Investor Relations: panamericansilver.com/investors
Company Research Source: Yahoo! Finance
the closing on December 24 th , 2025, of the acquisition of the Pico Machay Gold Project (“Pico Machay” or the “Project”), an advanced exploration stage project in Peru with a near-term production goal, as announced in the Company's October 24 th , 2025 news release. Xali Gold acquired the company Minera Calipuy S.A.C. (“Calipuy”), which wholly owns Pico Machay, from Pan American Silver Corp. (“Pan American”) and its subsidiary, Aquiline Resources Inc. (“Aquiline”). “With the acquisition of Pico Machay now closed, our full attention turns to advancing the asset and unlocking its value,” said Joanne Freeze, President and CEO of Xali Gold. “Pico Machay offers both immediate value and substantial upside, particularly given that the historical resource was calculated using a long-term gold price of just US$700 per ounce. In the current gold price environment, we see a compelling opportunity to aggressively move the Project forward. Over the coming months, our priority will be to update Show less Read more
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