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GRG Resources Agrees to Sell 1.5% Filo Sur Royalty to Mogotes Metals for $13 Million
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GRG Resources Agrees to Sell 1.5% Filo Sur Royalty to Mogotes Metals for $13 Million
  • GRG Resources entered a binding offer to sell its 1.5% net smelter returns royalty on Filo Sur for $13 million.
  • A Mogotes Metals subsidiary will pay $6.5 million in cash and $6.5 million in Mogotes Metals common shares.
  • The shares will be valued at their 20-day volume-weighted average trading price as of the definitive agreement date.
  • Closing is targeted by December 29, 2026, subject to a definitive agreement and required regulatory and stock exchange approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GRG Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610260700NEWSFILECNPR____20261026_320799_1) on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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